However, many developers are working on building atomic swap liquidity pools for a real-time decentralised swap between XDC and XDCE
XDC to XDCE swap is currently done through centralised
AlphaEx.netLet's see some current open-source swap network.
How EOS and ETH based chains achieve swap through Bancor:https://support.bancor.network/hc/en-us/articles/360018673372-How-to-Convert-Your-ERC20-Tokens-to-EOS-Tokens-on-BancorXHow BNB enables atomic swap from ETH tokens to BNB Dex tokens:https://docs.binance.org/atomic-swap.htmlHow easier it will be for XDCE tokens on ETH to swap to XDC on XinFin MainnetXDC Network EVM compatible and supports all smart contract functions of solidity and Vyper smart contract language.
When a swap function is called, it will look at available liquidity pools for a swap between XDC and XDCE and vice versa, the token holder will have the option to use any of the liquidity pools.
Approx time for the transaction will be transaction finality on eth (10 mins+- eth congestion delays) + SWAP API call on XDC Network (2–5 seconds) + actual transfer on XDC Network (3–5 seconds).
Best time approx 12 Mins- worst time as per ETH network delayed.
Future expansion of swap - starting with Bancor in 2 months- Assets on a private network or public network can be swapped with tokens on XDC Network with ease.
- Such networks would benefit from a swap with XDC network because of low transaction fees.
- Polka dot, EOS, Zilliqa bridge to XDC chain.
- Private chains like R3 Corda, Hyperledger.
- Trade Finance (contour.network), receivables, bill of exchange (Enigio)
Developer bounty for SWAP: https://xinfin.org/bounty- Tweet in reply to this article along with XDC address
- The best 5 implementations will get 1million XDC bounties directly in the wallet. This bounty avail valid for next 45days.
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https://twitter.com/XinFin_Official