In an exciting announcement for the crypto sector, Units.Network has announced an exclusive partnership with Eywa Protocol. According to Units Network, the partnership appoints Eywa as the primary liquidity bridge through the CrossCurve platform for seamless liquidity. The platform took to social media to provide more details about this endeavor.
If you’re done with the election buzz, here’s some really exciting crypto news!
Units x Eywa Partnership 🚀
@eywaprotocol, a cross-chain liquidity protocol, now becomes ⚡️the premier unit liquidity bridge via CrossCurve 👉 https://t.co/fIpUtGE3ApThis means seamless… pic.twitter.com/nPIGv6f12W
– Units.Network (@UnitsNetwork) November 6, 2024
Units Network adds the Eywa protocol as the main liquidity bridge to support top liquid assets
Units.Network pointed out that the partnership includes the Eywa protocol as the main liquidity bridge to support prominent liquid assets. The collaboration aims to create a secure and seamless way for consumers to exchange known liquid assets. The popular assets take into account $WETH, $WBTC, $USDC and $USDT for all units, along with the rest of EVM-compatible chains.
The partnership brings Eywa’s cross-chain liquidity potential to the growing Units ecosystem. CrossCurve, the platform that Eywa created, conducts instant asset exchanges across various blockchains. These blockchains are said to have efficient security and minimal slippage. While cross-chain functionality has gained an important position in the crypto sector, this initiative signals a notable step in blockchain interoperability. It aims to create a relatively unified blockchain network that provides flexible, fast options for asset management across ecosystems.
With cross-chain compatibility gaining attention as the future of the DeFi sector, the partnership focuses on improving access to liquidity. This allows users to freely transact across multiple chains without much friction. This paves the way for a new level of connectivity and flexibility within the Units ecosystem. It also contributes to the broader EVM compatible domain.
The initiative offers efficient transactions with the lowest transfer delays and less slippage
Eywa Protocol’s crossCurve solution mainly deals with liquidity-intensive assets. It ensures effective transactions with least transfer delays and minimizes slippage. The respective features play a crucial role for crypto traders who want to exchange both stablecoins and premium assets without substantial price fluctuations.
Both collaboration partners emphasized their mutual commitment to decentralized, accessible and secure liquidity solutions. This reflects the potential of cross-chain finance to redefine asset management and trading. With interest in cross-chain functionality escalating, this partnership positions both entities as the leading players pursuing broader DeFi innovation.
