SwapKit empowers Ethos wallet for THORChain integration and DEX Aggregation
SwapKit is an all-in-one SDK solution for native cross-chain trading, DEX aggregation, yield, lending services, wallet integration, analytics tools, and more. Armed with the full-featured SwapKit API/SDK tech-stack, builders across Web3 can develop truly multi-chain dApps and products.
Today, we’re pleased to spotlight a new SwapKit integrator—Ethos, a revolutionary non-custodial wallet that now leverages SwapKit to enable seamless cross-chain swaps via THORChain. This integration makes it easier than ever for Ethos users to trade across multiple blockchains securely and efficiently.
What is Ethos?
Ethos is a non-custodial, multi-chain, high security mobile trading app. Users can create their wallet using sophisticated ‘Magic Keys’, giving them an easy way to recover wallets without compromising safety.
Ethos is on a mission to make the cryptocurrency market accessible to everyone, simplifying the way people interact with digital assets. By ensuring users retain full control of their private keys, Ethos combines the convenience of a centralized exchange with the security and autonomy of decentralized technology. The Ethos app is a one-stop-shop for all on-chain trading needs, token updates, staking and altcoin competitions.
Ethos is available on Android and Apple App Store. Once installed, use code THOR when setting up your vault to unlock GOLD level and receive 20% swap fee discount!
The Power of SwapKit
SwapKit offers a powerful SDK that simplifies the process of integrating cross-chain swaps into any platform. By incorporating SwapKit, Ethos now offers users the ability to swap assets directly from Bitcoin to Ethereum, BNB, Avalanche, and other coins across different chains in a single transaction, without needing to send tokens to another custodial service or multiple signings to bridge assets across chains. The elusive native swap experience, once exclusive to centralized exchanges, is now available directly within the Ethos wallet!
A Word from Ethos:
“Our partnership with SwapKit brings a new level of functionality and convenience to our platform, enhancing the user experience with cutting-edge features. By integrating SwapKit, we enable our users non-custodial, permissionless swaps across different blockchain networks without the need for a centralized intermediary.“
Halim Khaldi, Head of Development at Ethos
Benefits for Ethos Users
- Direct Swaps of Native Assets: Ethos Users can swap native assets directly without the need for wrapped or synthetic versions, preserving the true value and properties of the original assets.
- Decentralized and Trustless: Non-custodial permissionless cross-chain swaps via THORChain eliminates the need for custodians or centralized parties, significantly reducing the risk of centralized/custodial counterparty risk.
- Broad Blockchain Interoperability: Introduces new swap support for a wide range of blockchains, including Bitcoin, Ethereum, Binance Chain, and more. SwapKit’s DEX Aggregation feature further enables Ethos users extensive access to thousands of longtail assets across EVM chains.
- Enhanced Liquidity: THORChain’s Continuous Liquidity Pools (CLPs) provide deep liquidity, facilitating efficient trades and better price stability.
- Reduced Slippage Costs: The slip-based fee model helps minimize price impact on trades, especially beneficial for large orders. THORChain’s Streaming Swaps feature further breaks down large swaps into smaller sub-swaps executed over time, thus providing Ethos users with the best capital efficiency, regardless of size.
- Security: THORChain’s robust security mechanisms and SwapKit’s industry leading infrastructure helps to ensure transaction integrity for Ethos users.
- Transparent and Fair Pricing: THORChain’s cross-chain automated market maker (AMM) model ensures that asset prices are set fairly based on supply and demand without any manipulation from third party oracles.
Ethos GOLD level
Accelerate your Ethos journey by unlocking GOLD level inside the app and receive 20% fee reduction on swaps! Simply use code THOR when signing up and activating your vault:
Embrace the Future of DeFi with Ethos and SwapKit
The integration of SwapKit into Ethos helps to further onboard more users to DeFi, enabling more self-custody ownership and bringing unparalleled flexibility and security to the world of cross-chain trading. Ethos users can now enjoy the convenience of centralized exchanges without compromising on the principles of decentralization.
Always remember – Your Keys, Your Crypto!
To learn more about SwapKit and how to integrate, visit our documentation at docs.swapkit.dev.
For more information and get started with using Ethos, visit https://www.ethos.io.
Stay tuned for more updates as we continue to push the boundaries of what’s possible in the world of decentralized finance together!
We invite other projects and teams to experience the transformative power of SwapKit. SwapKit offers a composable, user-friendly API+SDK that makes integrating cross-chain functionality easy- empowering any dApp to go multi-chain in less than 100 lines of code.
SwapKit comes with the benefits of streamlined affiliate fees, improved quotes & gas pricing, robust wallet connectivity, and DEX aggregation enabling swaps between 5,500+ crypto assets across 14 blockchains in a single transaction.
Powering leading protocols such as THORSwap, KeepKey, Onekey and more, SwapKit abstracts the complexity of integrating THORChain services with a battle-tested infrastructure for cost-effective, enterprise-level performance.
Integrate our SDK to access state-of-the-art cross-chain technology, expand your trading operations, and drive significant volume and growth. SwapKit is more than a tool; it’s a gateway to the future of decentralized finance, offering a path to innovate, excel, and lead in the ever-evolving DeFi landscape.
