Wormhole Frens — Swim Protocol

Wormhole Frens — Swim Protocol

1. What is Swim Protocol?

A. Native to native swap

B. Bridge status feature

Resume Swap

C. Pool Design

2. Solana Ignition Hackathon Winner!

3. Wormhole Implementation

Step-by-step

  1. User connects both Ethereum and Solana wallets to Swim
  2. A transaction is submitted on Ethereum for a ERC20 (on Ethereum) to SPL (on Solana) swap
  3. The specified ERC20 swap token is sent from the user’s ETH wallet to the Swim (Ethereum) liquidity pool
  4. Swim smart contracts detect that the respective ERC20 token has been received in the liquidity pool
  5. The Swim smart contract on Ethereum then sends the received tokens via Wormhole to Swim’s smart contracts on Solana
  6. The wormhole-wrapped ERC20 token arrives at Swim’s smart contract on Solana, which then determines the correct bonus/slippage and execution price based on the algorithm
  7. Swim credits user’s SOL wallet with the native SPL token specified (from the Swim Solana liquidity pool) based on the bonus/slippage curve.
Us, basically

4. More from Swim Protocol

5. Join the ever-growing Wormhole community

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Cross-chain interoperability protocol connecting high value blockchains

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Wormhole

Wormhole

Cross-chain interoperability protocol connecting high value blockchains

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