Portals Launches Milky Way: A Major Upgrade for Gasless Swaps in DeFi
Portals, the leading DeFi yield and protocol aggregator, is excited to announce the release of Milky Way. This major architecture upgrade allows for easy and gasless access to any-to-any swaps across a wide range of ERC20 tokens. With Milky Way, you can experience a seamless, cost-effective, and user-friendly trading and building experience in the DeFi space.
Key Points:
– Milky Way consists of three innovative components: Galaxy Broadcasting System (GBS), Galaxy Hub, and Galaxy Indexer.
– GBS handles on-chain order submission, taking care of gas and gas prices on behalf of users. It ensures fast and reliable execution, minimizing waiting times.
– Galaxy Hub is an aggregator that provides optimal routing solutions for any ERC20 token. You can swap any token pair directly with a single transaction, with swapping fees capped at a maximum of $60.
– Developers can benefit from Galaxy Hub’s robust routing capabilities, simplifying token swaps by eliminating the need for multiple integrations.
– Galaxy Indexer is a real-time service that provides crucial data such as asset prices, reserves, volumes, and more. DApps can enjoy faster response times and developers can enhance their applications with over 35,000 tokens covered.
Hot Take:
Milky Way, the latest upgrade from Portals, revolutionizes gasless swaps in DeFi. With its innovative components and user-friendly features, it simplifies the trading and building experience. Developers will particularly benefit from Galaxy Hub’s routing capabilities and the Galaxy Indexer’s real-time data. As Portals continues to expand, the addition of new Satellites will further enrich the ecosystem, offering more opportunities for the community.
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