Powering the Multi-chain future with Hashflow
meowllark.eth
0x71c1
Layer3
0x7B0b
August 11th, 2022

The Multi-chain future is here!

Layer3 is excited to announce our newest partnership with Hashflow.

Hashflow is a decentralized exchange designed for interoperability, zero slippage, and MEV-protected trades.

We’ve created a series of Bounties in collaboration with Hashflow so that you can experience the magic of seamless cross-chain trading in DeFi. In the process, you’ll also learn how to use a decentralized exchange and make on-chain swaps on various chains like Arbitrum, Optimism, and Avalanche.

You’ll need to complete these first series of Bounties to get access to future Hashflow Bounties with token rewards.

Ready to go? Try them out here:

  1. Multichain Swapping with Hashflow I: Swaps on Arbitrum and Optimism
  2. Multichain Swapping with Hashflow II: Swaps on Polygon and Avalanche
  3. ???? Coming soon ?????
  4. ???? Coming soon ?????

Why Hashflow?

All cross-chain swaps on Hashflow are fully protected from both slippage and MEV exploits – whether the swap happens locally on one chain or across chains. No matter where you initiate a trade, you will receive your assets on any destination chain without losing any value.

All of this is made possible by Hashflow’s unique design. While most DEXs rely on automated market makers (AMMs) to enable the buying and selling of assets, Hashflow uses a request-for-quote (RFQ) model. This RFQ model allows professional market makers to source liquidity from anywhere and price assets using off-chain pricing functions instead of the constant product pricing function commonly used by AMMs. By moving pricing functions off-chain, users benefit from:

  • Better prices: Off-chain pricing leads to tighter quotes, which gives you more bang for your buck.
  • Zero slippage: All Hashflow quotes are executed at the displayed price. What you see is what you get.
  • MEV-resistance: Cryptographic signatures make front-running impossible. You keep what you earn.

Recently, Hashflow introduced Gasless Trading, which allows traders to swap with fixed gas fees without having to hold ETH. It is currently in alpha, and supports USDC, USDT, and DAI on Ethereum mainnet.

Learn More

For more about Layer3 Contests, take a look through our docs

For more about Hashflow, follow them on Twitter and join their Discord

For more Layer3 Bounties, follow Layer3 on Twitter and join our Discord

👋

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