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Hanoi, Vietnam, July 2nd, 2024, Chainwire
Within the final two weeks of June, SubWallet introduced assist for Kusama bridge and Polkadot bridge on its browser extension, adopted by the mixing of the Asset Conversion pallet on its internet dashboard that permits swapping amongst DOT, USDT, and USDC on the Polkadot Asset Hub community. These bridges and swaps are necessary updates that broaden use instances of the Polkadot ecosystem, and SubWallet is the primary to assist them on a modern UI with straightforward UX.
Polkadot Expands Ecosystem Use Circumstances
The second quarter of 2024 has witnessed many long-term developments within the Polkadot ecosystem transferring into the manufacturing and launch part. Notable amongst these are the Polkadot Kusama bridge and the Polkadot Ethereum bridge, each within the works for a number of years now.
In contrast to nearly all of present bridges that are centralized to some extent, the Polkadot bridges are absolutely trustless and thus considerably scale back dangers. For now, customers can securely bridge DOT and KSM between Polkadot Asset Hub and Kusama Asset Hub, and several other tokens together with WETH and between Polkadot Asset Hub and Ethereum.
One other spotlight in Q2 2024 is the Asset Conversion pallet on Polkadot Asset Hub that permits swapping between belongings registered on the community. Ever since its inception, Polkadot Asset Hub has been wired to change into the liquidity hub of your entire ecosystem, and the Asset Conversion pallet going stay marks the essential first step in the direction of realizing that imaginative and prescient.
SubWallet Elevates Polkadot UX
Progressive and pivotal these updates are, they seem inaccessible to customers with out a clear UI and pleasant UX. That’s the place SubWallet is available in. With 2.5 years of expertise constructing a user-friendly pockets for the Polkadot ecosystem on three platforms, together with browser extension, cell app, and internet dashboard with 1.6M+ downloads and 800K+ lively customers and units as of June 2024, SubWallet is the primary pockets to combine the 2 bridges and Asset Hub swap.
“As a proactive agent within the Polkadot ecosystem, we observe ecosystem updates carefully and are at all times certainly one of, if not, the quickest to supply assist. Polkadot has lengthy been deemed unfriendly to customers, and it’s our duty as the primary contact level to vary this perception. Bridging and swapping are essential elements of a flourishing DeFi panorama that Polkadot is heading in the direction of and we would like customers to have the smoothest and best expertise with SubWallet.” — Hieu Dao, Co-founder & CEO of SubWallet.
Bridging is supported immediately within the Switch perform and swapping within the Swap tab. Cross-chain switch is embedded within the swapping course of: if a consumer desires to swap DOT to USDT on Polkadot Asset Hub however solely has DOT on Polkadot, SubWallet prompts the consumer to first switch cross-chain from Polkadot to Polkadot Asset Hub, then make the swap. This built-in cross-chain function additionally applies when customers attempt to liquid stake with SubWallet with DOT from the Polkadot relay chain. This fashion, customers can simply check out new options on a well-known UI/UX with out having to navigate a third-party app and study a brand new movement from scratch.
The fast integration obtained huge assist from the group. The official Polkadot X account reposted the bulletins, adopted by quite a few KOLs making reposts.
With the mission of onboarding extra customers to the Polkadot ecosystem, SubWallet will proceed to assist new ecosystem updates as shortly as doable in order that customers may have a simple UX to check out these options. Comply with them on X to remain up-to-date!
About SubWallet
With 1.6M+ installs and 800K+ lively customers and units, SubWallet is probably the most used and most complete non-custodial pockets resolution for Polkadot, Substrate & Ethereum ecosystems. With the mission of bringing customers nearer to Web3, we envision a Web3 multiverse gateway by which customers can take pleasure in multichain providers with utmost ease and absolute safety. Connecting and utilizing blockchain-based functions is smoother than ever with SubWallet Browser Extension, SubWallet Cell App, and SubWallet Net Dashboard. SubWallet is backed by the Polkadot Treasury, Moonbeam Basis, and Polkadot Alpha Program.
ContactCGOKate HaSubWalletkate@subwallet.app
This text was initially revealed on Chainwire