The uprising blockchain platform, 123swap, is collaborating with Polygon Network to brighten the DeFi of tomorrow. 123swap, which was founded by Tomas Ambrazas, is a decentralized finance ecosystem that expedites seamless peer-to-peer (P2P) trading of cryptocurrencies. It promotes user-friendly, convenient, transparent exchanges, and investment and earning solutions, all without requiring an intermediary. Users can hold, swap, receive, send, invest, lend and borrow tokens across multiple chains through this platform.

The 123swap platform utilizes all the popular decentralized exchanges (DEX) and DeFi platforms, including PancakeSwap, Curve, YFI, Mooniswap, Curve, Uniswap, Bancor, Mstable and Dodo, to reinforce an all-in-one platform to enable traders to compare and choose the best investment option easily. It uses smart contracts for seamless swapping while maintaining consistent rates for a transaction without hidden fees. 123swap aims to be an all-in-one platform that supports multiple crypto-assets and different blockchains such as Moonriver (MOVR), Binance Smart Chain (BNB), Ethereum (ETH), Fantom (FTM) and Avalanche (AVAX) blockchains. The latest collaboration is with the Polygon (MATIC) blockchain. Polygon features an ecosystem that prohibits using security as a service layer but instead communicates through an arbitrary message framework. This promotes the interoperability of decentralized apps with distinct capabilities and scalability.

123swap is restless when it comes to adding more blockchain assets, adding 1 or 2 blockchains weekly. Soon it will add Solana, Cardano, Okex Chain, Gate chain, Heco Eco chain, KCC chain, Harmony one and Shiden Network to its next-generation financial platform. 123swap raised $210,000 on its first seed round with influential investors, including Becker Venture Capital and Steven Becker, Polygon Technology and other firms.

123swap’s strategy promises an efficient user experience that enables the user to access an all-in-one crypto marketplace while securing their private keys. This project is another valuable contribution to the DeFi industry.