• DeSo recently launched their product, MegaSwap, a Stripe for Crypto with over $5M in volume.
• The platform solves various critical pain points, such as onboarding new users and liquidity to any web3 application across any blockchain ecosystem.
• It offers an alternative and safer solution to the traditional centralized exchange model as users don’t have to log in or provide sensitive personal information.
DeSo Announces Launch of MegaSwap
DeSo is excited to announce the launch of MegaSwap – a revolutionary, cross-chain smart service that enables users to securely and easily swap coins between different blockchains with a frictionless zero-login.
What Does MegaSwap Do?
MegaSwap solves various critical pain points, including onboarding new users and liquidity to any web3 application across any blockchain ecosystem. In its limited release, the platform has already seen more than $5 million in volume, demonstrating its potential to revolutionize the crypto market with cross-chain swaps.
Benefits of Using MegaSwap
MegaSwap offers an alternative and safer solution to the traditional centralized exchange model where users don’t ever have to log in or provide sensitive personal information. Instead of storing their coins on a centralized exchange, users can store them in their own self-custody wallets to mitigate the risk of unforeseen meltdowns, such as those seen with FTX, BlockFi, Celsius or Voyager.
Developers’ Benefits from Using MegaSwap
MegaSwap is also a simple innovative solution for developers seeking to build web3 applications on different blockchains. Developers can install its frictionless zero-login API with a single line of code making their apps chain-agnostic and accessible from any blockchain. For the first time apps on Ethereum can easily compose with apps on Solana or DeSo.
MegaSwap thus makes it easy for developers and end-users alike to access services across different blockchains while maintaining full control over funds stored in self-custody wallets without sacrificing security or usability – all at no additional cost!