Golden Observation｜One Article to Understand the Via Cross-chain Liquidity Aggregation Protocol

From the user's point of view, VIA is trying to solve one of the most critical problems in Web3: poor cross-chain experience.

It is very difficult for users to become part of two or more ecosystems such as ethereum, Solana and Near.

In the face of so many decentralized exchanges and cross-chain bridges, novices often have no way to start, which is why Via has developed a cross-chain liquidity aggregator and NFT sales function for GameFi.

protocol aggregation

The problems that are most likely to be found when using cross-chain transaction solutions at present:

There is not enough liquidity on the blockchain network. Distributed in multiple DApps, low efficiency and high transaction costs;

The apy of single-chain earnings is low;

Projects with different user experience lead to time loss.

Therefore, Via uses the comprehensive liquidity of the entire cryptocurrency market to provide users with seamless cross-chain services

Cross-chain sales of NFT

Via will allow users to checkout with tokens from 13 blockchain networks.

The advantages of this solution are:

Increase sales by accepting payments from other networks;

Improve user experience and speed up the adaptation of beginners to the crypto world

Increase the attractiveness of the project by connecting a cross-chain solution.

Currently supported:

Cross-chain bridges: cBridge, Connext, Hop, Multichain, Hyphen, PolyBridge, Rubic, Y Pool, Polygon PoS, Optimism Bridge

Supported networks: Ethereum , Binance Smart Chain, Fantom, Avalanche, Polygon, Arbitrum , Harmony, HECO, Optimism, Gnosis, Moonriver, OEC

Dex: ParaSwap, 1inch, OpenOcean, UniSwap, Sushi, Matcha, Curve, Balancer, Bancor, Dodo, Mdex, PancakeSwap, BakerySwap, ApeSwap, JulSwap, MCdex, JSwap, LatteSwap, BabySwap, JetSwap, ButterSwap, BXH, SpookySwap, Spi ritSwap

Principle of Cross-chain Aggregation

In order to find the best way to exchange tokens across chains, Via analyzed DEXs and cross-chain bridges, as well as many available routers, to provide users with the cheapest and fastest exchange method.

Via supports two types of routing: basic routing and advanced routing

basic routing

If there are sufficiently liquid bridges between the networks, the swap will happen directly from the source chain to the target chain

advanced routing

If direct exchange does not exist, is illiquid, or is less profitable, the exchange will take place with several intermediate steps.