Symbiosis joins forces with OccamX to lead the game in Milkomeda
Symbiosis is very excited to announce a new partnership with Milkomeda, which will expand the cross-chain experience.
Symbiosis has already began working with OccamX to offer a seamless flow of liquidity to and from OccamX using Symbiosis’ innovative order-routing technology on the Milkomeda network, so the strategic decision to start this relationship was easy.
Milkomeda is a protocol that adds Ethereum Virtual Machine (EVM) functionality to non-EVM blockchains, allowing developers and users to have a consistent experience. The collaboration is the first step toward a brighter future.
What’s so appealing about it?
Symbiosis has built a bridge between its native token SIS and milkADA (mADA) to allow for any-to-any exchanges from Ether (ETH) to mADA and vice versa. OccamX hosts the SIS-mADA pool: app.occam-x.fi/pool.
Because Milkomeda lacks a native stablecoin, initial swapping takes place in a specially designed pool. The pool joins the Symbiosis stablecoin (sUSDC) with mADA, allowing for asset routing through mADA.
These integrations aid the project’s goal of creating a borderless crypto world in which users can transact with tokens from other chains without difficulty.
The purpose of Symbiosis is to add as many chains as possible and connect them as easily as feasible while overcoming their restrictions. Such strategic partnerships have a lot of promise, and the existing relationship with Milkomeda makes swapping between EVM networks and Cardano much easier.
Keep an eye out for forthcoming activities and new layer-2 alliances, and don’t miss out.
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