Rubic has completed the integration of the Fantom network into the Rubic ecosystem!
Today, we are happy to announce that our users can now easily complete Multi-Chain and On-Chain swaps on the Fantom network, directly at Rubic.exchange!
This integration will be the 6th network connected to our Rubic Multi-Chain Routing Protocol. Now, users on Ethereum, Polygon, Binance Smart Chain, Moonriver, and Avalanche can easily complete swaps to any other token on the Fantom network, and vice-versa, with 1 click!
Fantom Network Integration
In July, we held our second governance vote, in which our holders had chosen the Fantom network as a blockchain for future integration. Today, we are happy to satiate that desire from this governance vote, with the integration of the Fantom network!
The integration of both DEX’s and the connection of Fantom to our Multi-Chain Routing Ecosystem is now fully completed. For our DEX’s, we’ve completed the integration of SpookySwap, SpiritSwap, and SushiSwap. This will allow our users to find the best rates across these main DEX’s on the Fantom network.
Rubic’s Multi-Chain Routing Protocol will use SpookySwap as the Main DEX provider for our Multi-Chain swaps. SpookySwap has more than 6,200 pairs available with total liquidity locked of more than $690 Million. The total daily volume completed through SpookySwap is more than $130 Million.
What Is The Fantom Network?
The Fantom network is a fast, scalable, and secure Layer-1 EVM-Compatible platform built on a permissionless aBFT Consensus Protocol. On Fantom, transactions are confirmed in around one second and cost on average one cent. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.
The Fantom blockchain mainnet went live in December 2019 and its network architecture intends to provide a viable solution to the blockchain trilemma by providing a steady balance of scalability, security, and decentralization.
Fantom Trading Competition
To celebrate the launch of Rubic Multi-Chain Routing on the Fantom network, we are happy to announce that we will hold a trading competition with Fantom network projects!
The Rubic team will share details about the Trading Competition later this week!
Rubic is a Multi-Chain Swap Protocol which allows you to swap any of 9500+ tokens, on and between 8 blockchains in one click. Multi-Chain protocol includes on-chain & multi-chain swaps for Ethereum, BSC, Polygon, Avalanche, Moonriver, Harmony, Tron & xDai, fiat on-ramps, and more!
The aim of the project is to deliver a complete One-Stop, Full Circle decentralized trading platform. Rubic.exchange is a place where users can complete Multi-Chain swaps using different solutions to get the best rates from all leading trading protocols.