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Jun 18, 2023

Swaap v2 to launch on both Polygon & Ethereum

    We are excited to unveil the forthcoming launch of Swaap v2, a landmark development in our mission to make the most effective yield strategies in DeFi accessible to all. This next-generation version signifies a transformative phase for Swaap, as we broaden our horizons to encompass both the Ethereum and Polygon networks. Swaap v2 is set to deliver significant innovation to the AMM space, further solidifying our commitment to democratizing DeFi.

    A Quick Reminder About Swaap v2

    Swaap v2 is more than just an upgrade; it's a complete reimagining of what our protocol can be. We've taken the lessons learned from v1, listened to our community, and built a platform that is more robust, more flexible, and more user-friendly.

    Our commitment to security remains paramount. With v2, we've enhanced our protocol to ensure that your assets are as safe as possible. We've also made it easier for anyone to benefit from the best market-making strategies and yields, regardless of their level of experience or the size of their portfolio. In essence, true DeFi democratization.

    Renewing Our Collaboration with Polygon

    Our decision to continue our collaboration with Polygon is driven by three key factors:

    1. Our Dedicated Community: We have an amazing community of Swaapers already on Polygon. Their passion, engagement, and feedback have been instrumental in shaping the direction of Swaap. We want to continue to best serve them and meet their needs. We believe that by continuing our collaboration with Polygon, we can provide our community with the best possible experience.
    2. Inclusivity and Affordability: Our protocol's value lies in its inclusivity. We believe that everyone should have the opportunity to benefit from the potential of DeFi, regardless of their financial means. The very cheap gas fees on Polygon align with our objective, making it affordable for anyone to participate in the DeFi ecosystem.
    3. Support and Ecosystem: We've received incredible support from the Polygon DeFi team. Their expertise, guidance, and commitment to building a vibrant DeFi ecosystem have been invaluable. We're excited to be a part of the amazing ecosystem being built with zkEVM, and we look forward to contributing to its growth and success.

    Expanding to Ethereum Mainnet

    With the launch of v2, we're also expanding to Ethereum mainnet. This decision is based on:

    1. Technical Advancements: With v2, we are alleviating some of the technical constraints of v1, enabling us to go to other chains without relying on fast oracles. This opens up a world of possibilities for Swaap, allowing us to bring our unique approach to DeFi to a wider audience.
    2. Market Opportunities: Launching on Ethereum mainnet allows us to address a larger market and reach more users. Ethereum is home to a vibrant and diverse DeFi ecosystem, and we're excited to bring Swaap to this dynamic environment.
    3. Multichain Ambition: This is part of our larger ambition for Swaap to be able to go progressively multichain. We believe that the future of DeFi is multichain, and we're committed to being at the forefront of this trend. By expanding to Ethereum, we're taking a significant step toward realizing this vision.

    Celebrating the Launch

    To celebrate the launch of Swaap v2, we're inviting our community to join the whitelist and be among the first to experience the new era of DeFi. This is a unique opportunity to be at the forefront of DeFi innovation and to be part of a community that is shaping the future of finance.

    Don't miss out on this opportunity! Join the waitlist now and be part of the revolution.

    About Swaap

    Swaap is a revolutionary market-making protocol for blue-chip crypto assets that delivers superior yield to liquidity providers. With innovative models developed in collaboration with leading mathematicians, Swaap ensures real and sustainable yields for its users. Backed by leading VC firms and angel investors, Swaap is committed to revolutionizing the DeFi space. Join us on this exciting journey as we continue to innovate and redefine the DeFi landscape.