OmniBTC
  • Introduction
    • ๐Ÿ‘‘What is OmniBTC?
    • ๐ŸŒ›Why OmniBTC?
  • OMNIBTC FEATURES
    • OmniSwap
      • ๐Ÿ‚Workflow
      • ๐Ÿ“–Tutorial
    • OmniLending
      • ๐Ÿ“œWhy OmniLending?
      • ใ€ฐ๏ธOracles
      • ๐Ÿ“–Tutorial
    • Referral Point System
  • OB NFT-PASS Card
    • ๐ŸŽŸ๏ธIntroduction
    • ๐ŸงถSeries Details
  • PROTOCOL OVERVIEW
    • ๐Ÿ’ฐNetwork Fee
      • ๐ŸŽบOmniSwap Fee
      • ๐ŸŽธOmniLending Fee
  • General-Layer BTC(GL-BTC)
  • TOkenomics
    • ๐Ÿ’ธTokenomics
  • Disclaimer
    • Disclaimer
    • Terms of Use
  • Information
    • ๐Ÿ“žContact us
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  1. OMNIBTC FEATURES
  2. OmniSwap

Workflow

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Last updated 1 year ago

Most of the existing cross-chain swap schemes have a fractured state between bridging and swapping, which means that users have to make at least two transactions to complete the cross-chain swap.

To make matters worse, the existing bridges only accept limited tokens and networks. For example, as follows, users have to make at least three transactions(two-thirds are manual) to swap LINK on Ethereum for Doge on BSC.

For a few better schemes, users only need to make two transactions but still need an extra swap on the destination chain manually.

However, by using OmniBTC, users can swap any token between any chain with one click.

Besides, we have a novel algorithm that can calculate the best price and the lowest slippage for users so that users can enjoy cross-chain swaps with one click in a low-consumption environment.

As you can see, OmniSwap unifies the liquidity on every chain, instead of building up pools, and provides more profits for LPs. You can click the route button to check the details.

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