Venom Integrates ChainConnect for Atomic Swaps
Summary
The Venom Foundation ($500K Grant Program Live) community has announced a significant technical upgrade: the integration of ChainConnect for secure, intermediary-free atomic swaps. This integration allows for direct, all-or-nothing transfers between TVM networks and EVM chains, eliminating custody risks associated with traditional bridges. This development is crucial as it supports major assets like wrapped BTC and ETH, promises high speed and low fees, and is expected to drive massive growth an...
โก๏ธ Venom Integrates ChainConnect for Atomic Swaps โก๏ธ
Venom Foundation has integrated ๐ ChainConnect, enabling secure, intermediary-free atomic swaps between TVM networks and EVM chains!
๐ Key Benefits
- No custody risks from bridges/oracles ๐
- Atomic all-or-nothing transfers โป๏ธ
- Supports wrapped BTC, ETH, USDT/USDC + native tokens ๐ช
- Blazing fast: 150k+ TPS, sub-second finality, ultra-low fees (~100 nanoVENOM) ๐
๐ This integration opens the door for massive growth for Venom and deeper involvement with some of the biggest networks in the industry.
๐ Check out the full details here: https://blockchainreporter.net/venom-foundation-integrates-chainconnect-for-intermediary-free-atomic-swaps/
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