ScaleSwap
  • 👋Introduction
    • Intro
  • 📍Chapter 1
    • IDO Launchpads We Have
    • Lowering the Barriers to Entry
    • Improving Liquidity of the Ethereum Ecosystem
    • Layer 1 and the Gas Fee 😱Scaries
    • Lottery
    • Deregulation-shrelegulation
      • 🏓 To-the-Mooon!
  • 📍Chapter 2
  • The Launchpad We Deserve
  • The Fundraiser’s Flow
  • Layer 2: Forget that Expensive ⛽️Gas!
    • The Road from Plasma to the New Now
    • Rollup-centric Roadmap and the New Teacher’s Pets
    • Polygon
    • Scaleswap Layer 2 Implementation
      • Opportunities for Swapping
      • The Atomic Bridging and the Biconomy Relay
  • 📍Chapter 3
    • 📈ScaleSCORE
    • Why Whitelist (v.)?
    • Metrics Explained
      • Dimension 1
      • Dimension 2
      • Dimension 3
      • Dimension 4
      • Dimension 5
      • Dimension 6
  • 📍Chapter 4
    • The Flows
    • Project’s Flow
      • Project Dashboard
  • Project Selection Criteria
  • Fees’ Flow and Pool Control
  • Swapper’s Flow
    • The Whitelist Registry
  • Participating in the Pool
  • 🤓Readme First
    • Why Intellectual Contribution Matters
  • 📑List of
    • References
  • List of the Acronyms
    • Explained
  • List of
    • The Figures
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  1. Layer 2: Forget that Expensive ⛽️Gas!
  2. Scaleswap Layer 2 Implementation

The Atomic Bridging and the Biconomy Relay

PreviousOpportunities for SwappingNextScaleSCORE

Last updated 3 years ago

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The idea of how L2 works with Scaleswap is pretty straightforward: when a customer decides to swap, this customer signs an L1 smart contract via MetaMask [] to trade layer 1 Ethereum into L2 tokens, called “ Ethereum” in the L2 jargon. The L1 ETH thus becomes “locked”, until the L2 smart contract instructs otherwise. The L2 smart contracts competenciesous L2 operations (swapping, exchanging, etc.) for the customer. If the customer decides to withdraw, back to conventional L1 ETH — L2 smart contract unlocks the corresponding amount on L1 via .

The most crucial takeout from the figure above (which we consider our point of innovation) is that Scaleswap’s customers don’t have to change their RPC (remote procedure call) destination from Ethereum to Polygon in their Metamask. This should offer a huge relief to those doing day-to-day swaps and trading DeFi tokens.

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