The first dApp to launch on this next-gen infrastructure is CWAP SWAP, a revolutionary cross-chain DEX. Unlike its competitors, CWAPswap eliminates the need for off-chain infrastructure, enabling native $BTC and L1/L2 asset swaps, including $ETH tokens, at up to 90% lower costs.

With Coinweb’s Mainnet, decentralized swap costs are brought in line with centralized exchanges, revolutionizing DeFi.

Live testing of CWAP SWAP on Thursday, 3rd October 2024, at 5 pm CET (11 am EST, 4 pm BST). Venue is to be announced soon.

Additionally, within 7 days from 1st October 2024, they’ll provide a guide on L2 staking rewards withdrawal - a feature made possible by Mainnet and currently under testing.

The staking program will also continue for at least the next three months, giving participants the opportunity to stake their tokens while new utility options - such as using tokens as collateral in cross-chain DEXs or for synthetic assets - are being finalized. Show Less