Coinweb provides a singular blockchain layer & an assortment of web3 tools to connect multiple blockchains in a decentralized manner.
One of the standout features is their native swap tool PACT, which can perform trustless swaps between various cryptocurrencies across multiple blockchains.
This allows dApps to access users across many different chains while avoiding bridge risk, or counterparty risk of centralized exchanges.
Instead, users can conduct DeFi swaps on-chain, across multiple blockchains, without giving up their private keys or losing custody of their assets.
These swaps are driven by Coinweb's native $CWEB token, which is setting the standard for the future of bridge currencies & outpacing legacy projects like XRP.
Users can stake their $CWEB, use it across the many dApps in the ecosystem, or utilize it to facilitate payments to vital contributors & 3rd parties that help keep the protocol functional.
The ecosystem also features a unique platform for developers that enables secure interchain communication & token transfers, empowering the creation of highly innovative & scalable dApps.
Overall, Coinweb offers the blockchains in its ecosystem the ability to free their users from being isolated on their own blockchain islands, allowing them to access a whole new audience of potential users who are also interested in blockchain technology.
I'm excited about the partnership with Cyrator & hope to see the PulseChain blockchain supported on Coinweb soon. Show Less
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