Expanding Use Cases: SubWallet Integrates Polkadot Bridges and Swaps
with Easy UX
Expanding Use Cases: SubWallet Integrates Polkadot Bridges and Swaps with Easy
UX
Author: Chainwire
Last Updated Jul 2, 2024 @ 12:59
[PRESS RELEASE Hanoi, Vietnam, July 2nd, 2024]
In the last two weeks of June, SubWallet announced support for Polkadot <>
Kusama bridge and Polkadot <> Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum bridge on its browser extension,
followed by the integration of the Asset Conversion pallet on its web
dashboard that allows swapping among DOT, USDT, and USDC on the Polkadot Asset
Hub network. These bridges and swaps are important updates that expand use
cases of the Polkadot ecosystem, and SubWallet is the first to support them on
a sleek UI with easy UX.
Polkadot Expands Ecosystem Use Cases
The second quarter of 2024 has witnessed many long-term developments in the
Polkadot ecosystem moving into the production and launch phase. Notable among
those are the Polkadot <> Kusama bridge and the Polkadot <> Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum bridge,
both in the works for a few years now.
Unlike the majority of current bridges which are centralized to some extent,
the Polkadot bridges are fully trustless and thus significantly reduce risks.
For now, users can securely bridge DOT and KSM between Polkadot Asset Hub and
Kusama Asset Hub , and several tokens including WETH and WBTC between Polkadot
Asset Hub and Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum .
Another highlight in Q2 2024 is the Asset Conversion pallet on Polkadot Asset
Hub that allows swapping between assets registered on the network. Ever since
its inception, Polkadot Asset Hub has been wired to become the liquidity hub
of the entire ecosystem, and the Asset Conversion pallet going live marks the
crucial first step towards realizing that vision.
SubWallet Elevates Polkadot UX
Innovative and pivotal these updates are, they appear inaccessible to users
without a clean UI and friendly UX. That’s where SubWallet comes in. With 2.5
years of experience building a user-friendly wallet for the Polkadot ecosystem
on three platforms, including browser extension, mobile app, and web dashboard
with 1.6M+ downloads and 800K+ active users and devices as of June 2024,
SubWallet is the first wallet to integrate the two bridges and Asset Hub swap.
“As a proactive agent in the Polkadot ecosystem, we follow ecosystem updates
closely and are always one of, if not, the fastest to provide support.
Polkadot has long been deemed unfriendly to users, and it’s our responsibility
as the first touch point to change this belief. Bridging and swapping are
crucial components of a flourishing DeFi landscape that Polkadot is heading
towards and we want users to have the smoothest and easiest experience with
SubWallet.” — Hieu Dao, Co-founder & CEO of SubWallet.
Bridging is supported directly in the Transfer function and swapping in the
Swap tab. Cross-chain transfer is embedded in the swapping process: if a user
wants to swap DOT to USDT on Polkadot Asset Hub but only has DOT on Polkadot,
SubWallet prompts the user to first transfer cross-chain from Polkadot to
Polkadot Asset Hub, then make the swap. This built-in cross-chain feature also
applies when users try to liquid stake with SubWallet with DOT from the
Polkadot relay chain. This way, users can easily try out new features on a
familiar UI/UX without having to navigate a third-party app and learn a new
flow from scratch.
The quick integration received enormous support from the community. The
official Polkadot X account reposted the announcements, followed by numerous
KOLs making reposts.
With the mission of onboarding more users to the Polkadot ecosystem, SubWallet
will continue to support new ecosystem updates as quickly as possible so that
users will have an easy UX to try out these features. Follow them on X to stay
up-to-date!
About SubWallet
With 1.6M+ installs and 800K+ active users and devices, SubWallet is the most
used and most comprehensive non-custodial wallet solution for Polkadot,
Substrate & Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum ecosystems. With the mission of bringing users closer
to Web3, we envision a Web3 multiverse gateway through which users can enjoy
multichain services with utmost ease and absolute security. Connecting and
using blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн-based applications is smoother than ever with SubWallet
Browser Extension, SubWallet Mobile App, and SubWallet Web Dashboard.
SubWallet is backed by the Polkadot Treasury, Moonbeam Foundation, and
Polkadot Alpha Program.
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