Swingby Network To Launch SkyPools Swap-Bridge Hybrid
Swingby network, which recently transitioned into a community-owned DAO, is now ready to launch Skypools, its latest project development.
On March 29th the Swingby network plans to roll out the next generation — Skypools. The swap-bridge hybrid builds upon the concept and design of the original Skybridge platform, which enables BTC swapping with wrapped BTC, ETH, and vice-versa.
The Swingby network is fundamentally developed to be a BTC and ERC20 cross-chain swap-bridge hybrid on which platform users are able to hold their own tokens without giving up custody of digital assets.
The ability to swap between tokens that are not available on many other BTC cross-chain swaps without integrating third-party exchanges or platforms into the swapping process, due to the cumbersome backend inner workings of inter-blockchain transfer and exchange.