Synapse
Interoperability
Synapse (SYN) is an interoperability protocol designed for safely and securely sending arbitrary data between blockchains.Its users can transfer and swap their assets across many different chains, including layer 1, layer 2 and sidechain ecosystems.The project aims to improve inter-blockchain compatibility by helping its users move their assets between different networks more efficiently. In order to securely transfer its users' assets to and from different ecosystems, while maintaining slippage, liquidity pool balances, and transaction prices, Synapse uses a stableswap algorithm.The Synapse ecosystem is made up of six parts: the Synapse Bridge technology, the cross-chain AMM, aggregative cross-chain communication, the SYN token, the Synapse Chain, and optimistic security approaches.With Synapse's generalized messaging system, any arbitrary data can be sent across chains in a secure and seamless way. Applications no longer have to be separately deployed across multiple blockchains; they can be deployed on a single chain and communicate with other chains to create the exact same user experience from one central application layer. Generic message passing also includes smart contract calls, enabling smart contracts on different chains to easily interoperate with one another.Synapse Bridge allows users to seamlessly swap on-chain assets across 15+ EVM and non-EVM blockchains in a safe and secure manner. The bridge supports two types of bridging: Canonical Token Bridging ' bridging of wrapped assets across chains; Liquidity-based Bridging ' bridging of native assets across cross-chain stableswap pools.Synapse Chain is an Ethereum-based optimistic rollup designed to serve as a sovereign execution environment for cross-chain use cases. Synapse Chain will offer developers a generalized smart contract interface for building natively cross-chain use cases by leveraging Synapse's cross-chain messaging system. Applications built on Synapse Chain will be able to execute their business logic across any blockchain.Synapse supports multiple EVM-compatible blockchains and is integrated with nearly 18 layer-1 and layer-2 chains, including Ethereum, Optimism, Arbitrum, Harmony, Avalanche, Polygon, Moonbeam, Fantom and BNB Chain.
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News
Trader Says Memecoin That’s Up Over 27,000% in Under One Year Showing Massive Strength, Updates Outlook on SYN
Trader Predicts 75% Surge for Low-Cap Altcoin, Flips Bullish on Fantom and One DeFi Crypto Asset
Ethereum-Based Interoperability Altcoin Explodes After Binance Futures Listing
Arbitrum DAO approves $23 million ‘backfund’ for projects that missed initial grant
HKEX Unveils 'Synapse' Platform Using Smart Contracts for Enhanced Equities Settlement
Hong Kong Stock Exchange launches settlement platform powered by smart contracts
Synapse Token Price Plummets as Nima Capital Dumps 9 Million SNY Tokens – Community Suspects Rug Pull
Synapse Liquidity Provider Abruptly Dumps 9 Million SYN Tokens, Price Plunges By 20%
SYN price plummets after liquidity provider offloads tokens
Under-the-Radar Altcoin Jumps 34% After Surprise Listing From Crypto Exchange Binance
Top Trader Predicts Massive Rallies for Under-the-Radar Altcoin Amid Crypto Correction – Here Are His Targets
Top Analyst Forecasts Imminent XRP Surge, Says Bitcoin and One Low-Cap Altcoin Set To Rally
Synapse: Enhancing Cross-Chain Interoperability
Exchange Giant Coinbase Adds Custody Support for 14 Ethereum (ETH)-Based Altcoins, Spurring Rallies Up to 20%
State of Scaling Issue 4: How The Merge Impacts Rollups and Bridges
Why popular blockchain bridge protocol Synapse is launching its own smart contract platform
Synapse Chain Eyeing Bridgeless Asset Swaps
Three Ethereum Altcoin Projects Explode 54% or More in Just 24 Hours As Bitcoin and Crypto Markets Pop
Understanding Cross-Chain Bridges
Synapse Network: Connecting Multiple Chains Together
