VaultSwap provides direct cross-chain asset-to-asset swapping. VaultSwap doesn’t rely on ‘wrapped’ ERC-20 tokens or other synthetic assets to achieve cross-chain swaps. It doesn’t take 5 or more steps to swap assets. Users don’t need any special wallets or other software. All a user needs is a browser, an asset, and a wallet address for the asset they’re swapping into.
All of VaultSwaps liquidity pools are staked against VAULT tokens. Using a universal quoting and state machine mechanism, swappers are able to swap their assets — swapping BTC into ETH, for example — without even needing to have a VAULT wallet, with the swap occurring as rapidly as the origin and destination chains allow.
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