Talisman Launches Cross-Chain Swaps Feature to Drive Liquidity to Polkadot
George Town, Cayman Islands, October 18th, 2024, Chainwire
Talisman, the leading web3 wallet that bridges the Ethereum and Polkadot ecosystems, has introduced its latest innovation: the cross-chain swaps feature. This advancement cements Talisman’s position as a key player in attracting more users and liquidity to the Polkadot network. By simplifying the process of swapping assets between major blockchain ecosystems, Talisman is enhancing connectivity for users trading across Polkadot, Ethereum, and Substrate networks.
Simplifying Cross-Chain Asset Swaps
Traditionally, swapping assets across different blockchain ecosystems has been a cumbersome task, often involving multiple custom bridges and decentralized applications (DApps). Talisman revolutionizes this process by integrating popular routes and assets directly into its Portal. This integration allows users to effortlessly swap between Polkadot, Ethereum, Arbitrum, Bittensor, Manta Network, and more. Whether you’re exchanging ETH on Arbitrum for DOT or acquiring tokens like TAO or MANTA for staking purposes, Talisman provides intuitive access to popular swap routes within its cross-chain swaps interface.
By enhancing the accessibility of cross-chain swaps, Talisman not only improves the user experience but also attracts new liquidity into Polkadot’s expanding ecosystem.
To get started, users can simply visit the Talisman Portal and begin their swaps.
Supported Routes and Assets
Talisman currently supports various cross-chain routes with key assets, including stablecoins and native tokens across Polkadot, Ethereum Virtual Machine (EVM), Substrate projects, and even Bitcoin. The supported routes include:
- Polkadot Ethereum/Arbitrum with assets: USDC, USDT, ETH, BTC, and DOT
- All Manta Pacific EVM with assets: MANTA and ETH
- All Bittensor with native TAO
- All > Bitcoin with native BTC
Partnering with Top Swap Providers
To ensure a seamless experience and optimal liquidity for Polkadot and other chains, Talisman has forged partnerships with industry-leading providers such as:
- Chainflip: A decentralized exchange protocol facilitating cross-chain asset swaps with minimal slippage and fast transaction speeds. Chainflip supports networks like Bitcoin, Ethereum, and Polkadot.
- SimpleSwap: A non-custodial exchange service offering access to over 2,000 cryptocurrencies and 800k crypto pairs across 100+ chains. SimpleSwap provides 24/7 support without requiring registration.
User-Friendly Features
Talisman’s cross-chain swaps feature aggregates providers to help users compare options, costs, and estimated transaction times. Users can effortlessly manage accounts across different chains, swapping between Substrate and EVM accounts directly within the Talisman Portal without the need for separate transactions.
How to Use Talisman Portal for Cross-Chain Swaps
- Connect: Access the Talisman Portal via your Talisman Wallet (Ethereum or Polkadot accounts) at app.talisman.xyz.
- Navigate: Go to the “Swap” section at app.talisman.xyz/transport/swap.
- Select: Choose the assets you wish to swap.
- Pick Account: Select your destination account.
- Complete: Choose from the available swap providers and finalize your swap.
Looking Ahead
Talisman remains committed to expanding cross-chain swap options by adding more routes and assets. The company is also integrating swap functionality directly into the wallet extension, making it even more convenient for users to swap on the go. By simplifying cross-chain swaps, Talisman plays a pivotal role in fostering the growth of the Polkadot ecosystem, attracting more users and liquidity while enhancing the user experience across multiple blockchains.
About Talisman
Talisman is a web3 wallet that empowers users to explore applications within the Ethereum and Polkadot ecosystems. With Talisman, users can securely store, send, and receive assets, as well as connect to a variety of applications.
For more information, visit the Talisman Website or follow us on Twitter and Discord.
Contact
Growth Associate Natti
Talisman Wallet
natti@talisman.xyz