The Unizen team at zcx.com has announced a strategic partnership with THORChain. This agreement has enabled swaps between Ethereum (ETH) and Avalanche C-chain (AVAX) to Bitcoin (BTC) and vice versa. Unizen has integrated the THORChain settlement layer that facilitates decentralized liquidity, enabling trades on the Unizen Trade platform.
Why THORChain was the Obvious Choice for Unizen
According to Martin Granström, CTO of Unizen, THORChain’s solution has proven resilient against the trials of time and fluctuations in market conditions. He adds that it facilitates decentralized liquidity for assets on non-programmable chains. “This made THORChain the obvious selection for empowering trades on the Unizen Trade platform involving Bitcoin, Litecoin, Dogecoin, and additional cryptocurrencies,” says Martin.
Efficient and Secure Cross-Chain Swaps
Gavin McDermott, CEO of Nine Realms, indicated that Unizen’s goal is to bring the centralized exchange trading experience to users while maintaining the security of self-custody. As the world moves from centralized swap services to DeFi protocols, Unizen offers a non-custodial, unified user experience for interacting with various Web3 applications and assets, regardless of the underlying blockchain technology. By integrating THORChain, Unizen offers efficient and secure cross-chain swaps, allowing users to seamlessly access Bitcoin and other cryptocurrencies.
Unizen is a cutting-edge operating system for Web3 applications that provides users with a non-custodial, unified user experience for interacting with various Web3 applications and assets, regardless of the underlying blockchain technology. It is designed to provide a seamless, cost-efficient, and secure way to interact with all things Web3. By solving the complexities, accessibility, costs, and interoperability issues plaguing the DeFi space, Unizen makes it easier for users to interact with various Web3 applications and assets.
THORChain is a cross-chain liquidity protocol that facilitates the exchange of native digital assets on multiple blockchains, including Bitcoin, Ethereum, BNB Chain, Avalanche, Bitcoin Cash, Litecoin, Dogecoin, and Cosmos Hub. Unlike other protocols, THORChain does not use wrapped assets or external dependencies like oracles, making its use permissionless. The protocol offers in-kind yield and cross-chain swaps to users, which dozens of wallets, exchanges, and DEX aggregators leverage to provide liquidity.