Shiftly, an app for finding the best quotes for swapping cryptocurrencies through protocols including Kyber Network, Airswap, and Uniswap has recently launched on mainnet.
The Shiftly team is now focused on integrating more protocols in order to broaden the token offering. Through aggregating multiple liquidity pools, Shiftly enhances the efficiency of decentralized exchanges. With the current integrations, 150 tokens are available, enabling thousands of swap possibilities.
Integrations For Instant Swaps
Currently, the Shiftly app has combined Kyber Network, Uniswap and Airswap’s liquidity models.
- Kyber Network — Kyber’s guaranteed liquidity allows for instant order matching. Once a transaction is included in the blockchain, that means the token swap is executed.
- Airswap — Integrating Airswap’s order book brings more liquidity and no price slippage. What you see is what you get instantly.
- Uniswap — Uniswap is a decentralized exchange protocol launched on the Ethereum mainnet back in November 2018.
The Shiftly platform is as easy as connecting with a Metamask, Ledger, or any Web3 enabled browser. Then, selecting which tokens pair you want to trade, and setting the desired amount to swap instantly at the best price.
Fees
Since settlement is done peer-to-peer, directly on the blockchain, users never have to pay fees for withdraws. During the current beta version, there are also no additional fees, simply pay the gas cost. In time, the Shiftly team will announce when it will introduce competitive trading fees.