Greetings from Chainspot – a cross-chain liquidity aggregator across EVM and non-EVM chains with analytical portal.
Chainspot Router provides access to swaps and bridges across more than 31 chains, offering the best rates thanks to dozens of partner bridges, DEXes, and routers. Chainspot Router enables asset exchange/transfer within a network or between different networks.
We are thrilled to share the latest updates and developments from our service over the past two weeks.
New Integration: Bahamut Network
We are excited to announce that we have integrated the Bahamut Network into Chainspot Router. This integration expands our capabilities and provides our users with more options for cross-chain transactions.
Bahamut Network is a EVM-based cutting-edge blockchain network designed to to provide a stable foundation for Web3 companies, including the entire ecosystem of Fastex and various decentralised applications. It utilizes a unique PoSA (Proof-of-Stake Activity) consensus mechanism and advanced cryptographic techniques to ensure fast and secure transactions. Bahamut aims to bridge the gap between various blockchain ecosystems, facilitating seamless asset transfers and smart contract interactions across different platforms.
Development Updates
1. Bug Fixes and Loyalty Program Enhancements
Our development team has rolled out a series of bug fixes for both the router and the loyalty program. These updates ensure a smoother and more reliable experience for our users.
2. Loyalty Program and Router Design Update
We have refreshed the design of both the loyalty program and the Chainspot Router. The new design is more user-friendly and aesthetically pleasing, enhancing the overall user experience.
3. Onboarding for Chainspot Loyalty Program
We have added an onboarding process to our Chainspot loyalty program. This new feature will help users get started quickly and easily, ensuring they can fully benefit from the loyalty rewards.
4. Enhanced Route Optimization
Our team has improved the route optimization algorithm, making it 40% faster. This enhancement ensures users can find the most efficient routes for their transactions more quickly than before.
5. Multi-Provider Route Selection
Users can now choose routes through different providers. This feature adds flexibility and options for users to select the best possible route for their transactions. Here are screenshots of the new feature:
6. Lower Transaction Limit
We have reduced the minimum transaction limit to $1. This change makes it easier for users to perform smaller transactions, enhancing the accessibility of our platform.
7. Rate Checking Without Balance
Users can now check rates even if they do not have a balance in their wallet. However, it’s important to note that having a balance can sometimes provide better rates, as some providers may not support requests from users without sufficient funds for the exchange.
8. Transaction Flow Design Update
We have updated the design of the transaction flow, making it more intuitive and streamlined. This update aims to enhance the overall user experience, making the transaction process smoother and more user-friendly.
Marketing Updates
1. Cyber Blast Adventure Campaign
Join us for an extraordinary campaign packed with exciting events and amazing prizes with Nomis, MonoSwap, DeGuard, BlastUP, and Chainspot participating.
This campaign offers different rewards up to 8000 USDT to lucky winners. This is a great opportunity for our community members to experience an unforgettable journey. Participate here.
2. Informative Articles on Chainspot News
Our commitment to educating and informing our users continues with the release of several insightful articles on Chainspot News. Here are the latest additions:
– Understanding Decentralized Exchanges (DEXs): An In-depth Look
Dive into the world of decentralized exchanges, exploring their mechanics, advantages, and impact on the crypto ecosystem.
This article provides a comprehensive overview of DEXs and their role in the DeFi landscape. Read it here.
– Understanding Proof-of-Work and Proof-of-Stake: The Foundations of Blockchain Consensus Mechanisms
Gain a deeper understanding of the two main blockchain consensus mechanisms – Proof-of-Work (PoW) and Proof-of-Stake (PoS).
This article explains how they work, their differences, and their significance in the blockchain world. Explore the details here.
Looking Ahead
Our marketing and development teams are constantly working to enhance the Chainspot experience for our users. The informative articles aim to educate and empower our community with the latest insights and trends in the blockchain and DeFi space. Meanwhile, our development efforts focus on improving platform performance, security, and user experience.
Stay tuned for more exciting updates as we continue to innovate and enhance the Chainspot experience. Thank you for your continued support and trust in our platform.
For more information and real-time updates, visit our website or follow us on social media:
Twitter ― Medium ― Telegram Channel ― Telegram Chat ― DeBank
