Announcing Polkaswap V1 Mainnet

Dear Partners and Sora lovers community!

After months of being heads down researching, developing and testing, in order not to disappoint your expectations, we’re proud to officially launched Polkaswap V1 Mainnet on March 1, 2021. In this article, we will be introducing its futures and how to connect your Wallet with Polkaswap.

Polkaswap - A DEX for the Interoperable Future

It can be seen that Polkaswap is a non custodial cross chain AMM DEX designed uniquely for the Polkadot and Kusama ecosystems and hosted on the SORA 2.0 network. So what will Polkaswap bring in this development? These are:

Cheapest gas fees and lower slippage - Because of the skyrocket of the gas fee, which is the barrent of Defi in Cryptocurrency, that is why when the early time building Polkaswap, we did this carefully before we got to the final product.
Not only cheapest but also Faster transaction process - Polkaswap built on Polkswap and it will be a parachain of Polkaswap, the structure of parachain are shards, so for each transaction across multiple nodes and allow for a faster and more-scalable network.
Unlimited trading pairs - There are many tokens in top 30 token with huge volume that still out of the Defi, to overcome this drawback, Polkaswap allows swap any crypto pairs but its chain have to link with blockchain Polkadot.
Reduce risks for the liquidity providers - Thanks to token incentives and liquidity leveraging structure using 2 tokens ($PSWAP and $XOR).
UI/UX - Polkaswap considers that users go through complicated transaction confirmation steps, incur a variety of fees and wait for transaction times every time absolutely make the user unable to be patient any longer. Therefore we will always prioritize the user experience first.

Alright! Let's try it out.

How to connect your Wallet to Polkaswap

Getting Access to the Polkaswap. You can use the Polkaswap with a desktop browser and the Polkadot-js extension installed. The polkadot-js extension is required for using the web application:

On Chrome, install via Chrome web store
On Firefox, install via Firefox add-ons

Step 1: Please make sure an account has been added in the polkadot-js extension:

Step 2: Connect Your Account to the Polkaswap

Go to https://polkaswap.io/ and click on the wallet icon in the top-right corner. After that you’ll be able to import your account with the polkadot-js extension. Click on Import wallet and select Polkadot.js (the only option) and click Import. Select the account that you’d like to import. After that click Import again.

Roadmap

In addition, the picture below illustrates the future development of the project helping you keep track.

We thank you for your support over the past time, and hope you will accompany us on the journey ahead.

You can find us here

Polkaswap Official Website: https://polkaswap.io/

Polkaswap Twitter: https://twitter.com/polkaswap

Polkaswap Telegram: https://t.me/polkaswap

Polkaswap Medium: https://polkaswap.medium.com/

Polkaswap Github: https://github.com/sora-xor/