123swap Announces Integration with Moonriver Blockchain

SUMMARY

123swap's innovative, decentralized, cross-chain non-custodial infrastructure is combined in this collaboration with Moonriver's unrivaled ecosystem of blockchain projects and applications.

By leveraging the power of cross-chain technology, the Moonriver blockchain and its ecosystem projects will develop new value and use cases for its consumers. 123swap is the fastest growing cross-chain DEFI which is still in the private sale phase.

The two market leaders are working together to accelerate the development of truly decentralized cross-chain applications that will feed the future of DeFi.

Moonriver Blockchain

Moonriver as an Ethereum compatible blockchain ecosystem on the Kusama (KSM) platform was created by Moonbeam Foundation. Moonriver is designed to function as a parachain in Kusama and will support crypto projects, leading new users and businesses in a multi-chain strategy.

In Kusama, Parachain IS a special blockchain that is fed to the main blockchain, the core of the Kusama network represents the relay string. Relay Chain is responsible for safety, dealing and establishing business with Kusama. Parachaining is built into Relay Chain so you can enjoy the basic features of Relay Chain.

The Moonbeam team chose to launch Moonriver (MOVR) in Kusama to provide the community with an Ethereum-compatible smart contract platform and released Moonbeam (BEAM), a similar platform to Polkadot, in 2021.

Moonriver is designed to operate as a "walnut grid" for Moonbeam in Polkadot. The new code is first sent to Moonriver, tested and validated under actual economic conditions, and then sent to Moonbeam.

Moonriver's local cryptocurrency, MOVR, has to do a vital part in managing and running the Moonriver channel. MOVR is thought to be used to pay transaction fees, support the execution of smart contracts, incentivize collectors to produce web-enabled blocks, and promote Moon River's on-chain governance mechanisms.

MOVRs are sent to community members using the turf KSM cryptocurrency and are expected to vote on whether the app will be published as a Parachain among grassy in a process called a Parachain auction.



What's next for 123swap?

123swap is the process of executing swaps across peer-to-peer minute crypto capital networks without a loan manager or partner. 123swap is an innovative marketplace

123swap is an advanced crypto exchange protocol for the creative economy that allows users to:

- You can trade, hold, send, receive, acquire and invest your favorite assets across multiple chains.

- 123swap offers a custodial-free service that prioritizes security, simplicity and maximum convenience.

- They pursue safety, comfort, and convenience. Customers can view all swap offers collected from major crypto exchanges at once.

- Swap offers collected from major Cryptocurrency exchanges can be viewed in one place.

- This platform aims to have a strong handheld community. through a proper voting system

- Community members make important decisions, such as team tokens, through an appropriate voting system.

- Through a proper voting system, community members make important decisions about adopting a team or advisory token, such as the duration of the lockout.

Decision

Currently, 123swap is the fastest growing Blockchain network and will also contract with other crypto networks. Moonriver Blockchain is also doing 123swap to go further in the market. It will be a big revolution in the market when these blockchains are combined and grow together.

Join us and for more information :

Situs web — https://123swap.finance/
Twitter — https://twitter.com/123swapfinance
Telegram — https://t.me/my123swap_chat
Reddit — https://www.reddit.com/r/123swap/
Discord— https://discord.gg/arNbvrPgZx


AUTHOR :Srikandi88

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