Have mercy, Jannie xir, Any Forums needs to read this.
This is the best quick rundown of what Symbiosis is doing that I've seen so far
>The vision of the Symbiosis Finance ecosystem is to offer liquidity to every major blockchain, helping – ultimately – to form a blockchain metaverse. In brief, it works as a unified transport layer for cross-chain communication.
>Several benefits attract participants to the overall Symbiosis paradigm. Primarily, it is a go-to any-to-any token swap service that no one else offers in the market. It also constantly monitors the best exchange rates for available cryptocurrencies, going up to thousands, in real-time.
>All these come with best-in-class security standards, and a trustless non-custodial system secured by the threshold signature scheme and multi-party computation. It has a robust incentivization scheme in place with all relayers’ network community-driven nodes having bonded tokens at stake to process swaps. Since virtually anyone can become a relayer, the state of decentralization is ideal.
>Symbiosis offers a seamless user experience, where the usage is as convenient as other leading protocols like the Uniswap. The user does not need to go through the hassles of backing up key files, downloading new browser wallets, or installing some special software. Finally, the cross-chain gasless transaction provision of Symbiosis helps solve the issue of unnecessarily holding different native assets to pay gas fees.
>These benefits that Symbiosis comes with help it grow into one of the leading providers in the DeFi universe in a short time with backing from players like Blockchain.com, Spartan, Dragonfly Capital, BTC, Wave Financial, and more.
