Symbiosis Finance (SIS) is a token of the liquidity protocol where users can exchange tokens between all chains, while remaining owners of funds.

Symbiosis Finance news today, SIS crypto latest news of token ticker

Symbiosis Finance

The Telos Foundation has partnered with @symbiosis_fi , a pioneering cross-chain Automated Market Maker (AMM) Decentralized Exchange (DEX). This collaboration is set to expand cross-chain liquidity and increase access for both communities. 🎉

🔍 What's Symbiosis?

A cross-chain AMM DEX, Symbiosis funnels liquidity from diverse networks, spanning L1s, L2s, EVM, and non-EVM alike. With Symbiosis, seamlessly swap tokens and migrate assets across varying networks.

🟣 What This Means for Telos:

🌉 Bridge as a Service - Telos embarks as the first chain to utilize Symbiosis's new "Bridge as a Service," enhancing connectivity for projects.
🌐 True Decentralization - Our partnership reflects our dedication to genuine decentralization, recognizing Symbiosis's integrity and alignment with our values.
🔁 Enhanced Swapping - Integration with Octopool ensures any-token-swaps from all Symbiosis-supported networks to Telos and vice versa.

💬 From the Visionaries:

Nick Avramov, Symbiosis co-founder, stated, "We are introducing Bridge as a service that we've tested extensively. Telos will be the first to use it. We hope it will be helpful for projects that can't create their own bridge infrastructure for different reasons. Symbiosis team is thrilled and deeply honored by this opportunity, because we feel that under the current circumstances, projects should help each other!"

Nicky Chalabi, Telos Head of DeFi, expressed, "I am exceedingly happy to work with the Symbiosis team to ensure that our ecosystem and community have a reliable bridging solution. The Symbiosis team possesses an impeccable reputation within the space and is highly focused on working with innovative projects and diverse ecosystems. We’ve already been working with the Symbiosis team; however, we will be strengthening our relationship further by adding Telos to Octopool to enable any token swaps available for all Symbiosis supported networks to Telos and in an opposite direction."

🔥 Dive in now!

Check out Symbiosis & Octopool here to enjoy enhanced cross-chain liquidity:

Symbiosis Swap: https://t.co/MvBR8LGIEq
Octopool: https://t.co/Cp8EiKF8rE

🤝 Join the Telos community:

Telegram: https://t.co/C4ahdvfThL
Discord: https://t.co/w6yLHz4jK0

Twitter

Thanks @HelloTelos ! So, curious about Symbiosis' Bridge as a Service? 

Check out the post 👇

Thanks @HelloTelos . So, curious about Symbiosis' Bridge as a Service. Check out the post.