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Have you tried our native ETH <> SOL and BTC bridge yet?
Let's talk a bit about Zap, what makes it stand out from other bridges and the magic behind it zap.zigzag.exchange
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Each asset has an allocated liquidity pool (ETH, BTC and SOL).
When a user deposits their asset for a swap, it automatically gets added to the aligned liquidity pool.During the deposit, users need to choose the outgoing chain and provide a recipient wallet address
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Once Zap's scripts confirm the deposit:
A withdrawal is triggered from the liquidity pool of the selected outgoing chain, sending the equivalent funds to the desired address.
This is all done at a lightning-fast speed
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Currently there is a brief moment after the deposit where our liquidity pools hold the assets before the script triggers the withdrawal.Zap v2 will soon make the swap completely trustless. Our liquidity pools won't ever custody the assets for even that brief moment
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If a swap is larger than the liquidity pool itself, the UI will inform you and liquidity will be added shortly to enable the swap.
As our liquidity pools open to the public, yield can be earned as well, meaning that this will likely not occur in the future
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Before Zap, users had to follow a cumbersome process to swap between ETH and SOL:
Deposit ETH to an exchange
Trade it for stablecoins
Buy SOL using stablecoins, and then
Withdraw SOL.A complex process that has most of its steps removed by Zap's technology
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This process resulted in fees for a deposit, two trades, and a withdrawal.
With Zap, you are charged one trading fee for the swap itself, making it up to 3-4x cheaper to trade while maintaining control of your assets
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Try out zap.zigzag.exchange for yourself and let us know what you think!
This is still our early-version release and our vision is to scale it to an all-in-one bridge, supporting as many chains as users require.
Follow us on our journey