iZiSwap Launches on Scroll Testnet

iZUMi Finance is proud to announce its integration with Scroll, a zero-knowledge-based Layer 2 solution to the Ethereum network. iZiSwap is now launched on Scroll testnet and is ready to provide a hyper capital-efficient order book DEX which allows users place limit orders with no slippage, driven by iZUMi’s original Discretized-Liquidity AMM model.

Why do we collaborate with Scroll?

2022 has proven the fragility and opacity of centralized cryptocurrency institutions and services. The crypto industry urged for a transparent, decentralized, trustless solution to replace the too-big-to-fail centralized giants. As a pioneer in the DeFi sector, iZUMi Finance embraces decentralization and believes in the huge potential in blockchain technology which will bring universal accessibility to financial services to not only the current crypto users, but a much larger IRL audience.

With the support of Scroll, iZiSwap enhances the ability in processing more transactions, fully releasing the potential of DL-AMM for being hyper efficient in dealing with on-chain asset trading. The level of asset security and transaction transparency will be further lifted. It’s also an important step in our business map to support the liquidity of more assets, and bring accessible and cost-friendly service to more users.

About Scroll

Scroll is a zkEVM-based zkRollup on Ethereum that enables native compatibility for existing Ethereum applications and tools.

Scroll aims to provide the best experience for developers and users. It offers,

• Scalability: Scroll processes transactions off-chains, and posts succinct proofs of correctness on-chain. This results in higher throughput and lower cost in comparison to the Ethereum base layer.
• EVM Equivalence: Developing on Scroll feels the same as developing on Ethereum. Any EVM-compatible smart contract can be effortlessly deployed to Scroll’s network.
• Security: Scroll’s protocol is currently undergoing multiple third-party audits to ensure security. Scroll also values transparency and is working to build its platform openly and in collaboration with the community.

Follow Scroll: Twitter | Discord | Website

About iZUMi Finance

iZUMi Finance is a DeFi protocol providing one-stop Liquidity as a Service (LaaS), dedicated to building a top DEX and providing liquidity service on ZK-rollups and multi-chains. Its philosophy is that every token deserves a better on-chain liquidity in an efficient and lasting way. iZUMi has provided liquidity services for BitDAO, Ankr, Woo, Zebec, and other 10+ protocols, and managed over $80M liquidity from reputable institutions and 9,000 individual LPs.

iZiSwap is an AMM-driven, hyper capital-efficient order book style Decentralized Exchange that integrates the friendly user experience of CEX and the security of DEX.

Follow iZUMi Finance: http://link3.to/izumifinance