#ark-protocol

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fromBitcoin Magazine
8 hours ago

What If You Could Swap Bitcoin For Stablecoins Instantly-Without Trusting Anyone?

Powered by the Arkade protocol, Lendaswap uses HTLC-based atomic swaps - a technology similar to that of the Lightning Network - to deliver a seamless experience for anyone looking to swap BTC and stablecoins "without giving up self-custody, creating accounts, or relying on wrapped tokens," according to a press release shared with Bitcoin Magazine. Lendaswap will support Ethereum and Polygon at launch, with planned expansion to Base, Solana, Binance Smart Chain, Arbitrum, and Optimism.
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Ark is a novel off-chain transaction batching protocol that enhances user accessibility and control over funds compared to existing models like the Lightning Network.
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