Crosspoly Creates Heterogeneous Crosschain Legend
A real hero can be told in the real danger and the truth will come to the surface ultimately.
Recently, a dark horse in the blockchain industry market has quickly shocked the public. It’s Crosspoly.
Crosspoly is developed to solve the pain points that it cannot quickly find the best price for DeFi users and automatically place orders.
Crosspoly is a heterogeneous cross-chain aggregation protocol based on multi-computing distributed key management. It provides transaction traffic for each DEX on public chain, finding the best price for DeFi users and automatically placing orders.
Crosspoly provides a heterogeneous crosschain aggregation protocol for DEX of various public chains to find the best price and automatically place orders for DeFi users. Crosspoly relies on the aggregation protocol which is built on the smart contract of Binance Smart Chain (BSC), Ethereum (ETH), polkadot, etc. Through mechanism design, the aggregation protocol finds the best depth for slippage protection on the DEX on the major public chains, and judges the trading pair with the highest price when selling and the best price when buying, and automatically places orders.
Crosspoly, which focuses on heterogeneous crosschain transactions, solves the scalability and decentralization problems encountered in the application of blockchain technology. An epoch-making project will surely set off a new wave of wealth. The perfect landing and strong user consensus of Crosspoly showned in the heterogeneous crosschain field will definitely change the entire industry.
So, what new breakthroughs does Crosspoly have in the field of blockchain?
1. Crosspoly solves the problems of lack of trust and security in transaction
Crosspoly utilizes the technical advantages of cryptocurrency and relies on the existing traditional application scenarios to realize a stable and global anti-regulation trading system.
Crosspool, the crosschain encapsulation of asset liquidity mining, is a solution to the shortage of asset liquidity between crosschains.
The crosschain aggregation protocol combines platform’s crosschain encapsulated assets and on-chain assets at a 1:1 ratio for LP mining. Through mining rewards, the encapsulated asset conversion and smart contract interaction of crosschain encapsulated and mapped assets on different public chains can be realized.
For example: If a user wants to convert HT/BNB/FIL to HT/BNB/FIL on the ETH chain, he only needs to transfer a HT/BNB/FIL into the Crosspool, and the swap pool triggers the contract to generate a cross-chain encapsulated assets in ETH format, like eHT/eBNB/eFIL. And in this case, the eHT/eBNB/eFIL and wHT/wBNB/wFIL (ETH chain mapping token) can be combined together to do the LP mining, so as to realize the liquidity of cross-chain encapsulated assets.
2. Establish a consensus mechanism through Crosspoly
Distributed private key control is based on multi-party calculation and threshold key sharing technology in cryptography. Through private key generation and control technology, encrypted currency assets are mapped to the chain based on the built-in asset template of the blockchain protocol. According to the cross-chain transaction information, new smart contracts are deployed to create new cryptocurrency assets, so as to realize the function of finding the best price for DeFi users and automatically placing orders.
In summary, Crosspoly’s heterogeneous cross-chain clearly has the qualifications to write industry myths. Let us look forward to the further development of Crosspoly and hope that it can continue to contribute to the industry.