XY Finance x BASE
Having previously enabled cross-chain swap of Linea and zkSync Era, XY Finance is now gearing up for the next big step. We’re thrilled to expand our horizons to embrace another highly anticipated Layer 2 solution, based on the OP stack framework – Base by Coinbase 🔥
Base Integration (User)
✅ Single-Chain/Cross-Chain Bridge & Swap: Easily bridge & swap 120k+ tokens across 16 chains to Base via XY Finance.
✅ Provide Liquidity & Earn: Become a liquidity provider to XY Finance’s own bridge (ETH pool) and earn more ETH.
✅ XY Dispatcher: Batch send any tokens following ERC20 standards across all supported chains including Base to hundreds of addresses in one transaction.
Bridge & swap your ETH to Base seamlessly
👉 XY Finance Cross-Chain dApp
Increase your wallet interactions on Base by becoming liquidity provider to our ETH Pool on Linea
👉 ETH Pool Now LIVE, Provide Liquidity to Earn More!
This integration brings a bunch of exciting possibilities for XY Finance users. Users can enjoy fast cross-chain transactions, lower fees, enhanced security, and endless opportunities in Base’s exciting ecosystem. Supporting Base is a big milestone for XY Finance in the Layer 2 arena. We’ll keep building more cross-chain options for users. Stay tuned for upcoming events with Base so you don’t miss out!
Base Integration (Developer)
✅ Widget/API Integration: Integrate our cross-chain solution to your dApp, increase interoperability to 18+ chains with ease
✅ Token Listing: List your token on our cross-chain swap on Base or other 16 chains we supports to increase accessibility of your token
✅ xAsset Token Bridging: XY Finance provides a strong cross-chain bridging and swapping solution that empowers projects to link with different chains and networks. This enables projects and their users to trade effortlessly across chains, ensuring instant participation and user onboarding from any chain. The most important aspect is enhancing the user experience!
For developers who are ready to hop into the multi-chain world & engage more users on 18+ chains
👉 Introducing XY Finance Cross-Chain Widget
👉 xAsset Token Bridging
👉 Widget Integration Developer Document
👉 Partnership Form
The Advantages of Supporting Base
- Launched on August 9th 2023, Base is now ranked as the number 12th chain according to DeFillama, surpassing its layer 2 counterpart zkSync Era (18th), Mantle (35th) & Polygon zkEVM (44th).
- With more than 82 protocols in the ecosystem, Base TVL (Total Volume Locked) has reached 184.41m.
By embracing Base, XY Finance users gain more than just opportunities; Base integration reflects XY Finance’s proactive move into the Layer 2 domain. This integration opens doors for our users to enjoy the following advantages:
- Low Cost: Based on Optimism technology, can guarantee low transaction fees and high transaction speed.
- Ethereum Security: Base was created with Ethereum’s decentralized application security and scalability as a priority.
- EVM Compatible: Enable seamless deployment of Ethereum projects and effortless migration of assets from the Ethereum network.
- Backed by CoinBase: With billions in assets and over 100 million verified users, Base gains strong financial support and eliminates barriers for retail investors moving from CeFi to DeFi.
- Open Source: Base was built with decentralization, open source, and license-free features in mind, and the Base development team participated in the development of Optimism as a core developer of the MIT-licensed OP Stack.
Note: OP Stack is Optimism’s open-source development stack, maintained by the Optimism Collective. It’s a standardized, shared set of software components that forms the foundation for Optimism. OP Stack allows developers to create Layer2, Layer3 even Layer 4 chains. Its consensus-based standards are market-recognized, and it’s freely available for anyone to iterate and use.
But that’s not all! We’re putting in relentless effort to expand and offer more cross-chain choices for our users. Stay tuned for our upcoming Base-related events!
Base is designed as a secure, cost-effective, and developer-friendly space for creating dApps. Leveraging Ethereum’s security and Coinbase’s practices, it provides a reliable foundation for developers transitioning from Coinbase, Ethereum L1, and other chains. Base integrates with Coinbase products, streamlines onramps, and empowers developers for the Coinbase ecosystem.
How to On-Chain or Cross-Chain Swap Your Assets to Base Tutorial
Currently, XY Finance has supported 18 chains, covering nearly 98% of EVM chains including: Ethereum, Base, Linea, zkSync Era, Polygon zkEVM, BSC, Fantom, Polygon, Arbitrum, Optimism, Avalanche C-Chain, Cronos, KCC, ThunderCore, Astar, Moonriver, Klaytn, more chains joining soon! Users can now cross-chain swap any token from any of our supported chain to Base in just a few clicks!
⓵ Visit Swap Page & Connect Wallet
⓶ Select the Chain & Token
Cross-chain or single-chain swap are both available, in this tutorial, we will be swapping USDC on zkSync to ETH on Base.
⓷ Approve to Swap
✅ Check rate & route
✅ Click “Approve to Swap”
✅ Sign the message from your wallet.
⓸ Wait For the Transaction to Be Completed
You can also track the process on Base’s Explorer
⓹ Your Transaction Is Completed!
With each swap being completed, you will be notified on whether or not the transaction is successfully executed. Voila, it is this easy to use XY Finance to bridge your assets to the Base!
Tips: Check History For All Transactions
You can track all your transactions in the History on the top-right corner of the web page. (As the data is saved in the cache, do note that if you use different devices with the same wallet address, it will only show the transactions completed on the device you completed the transaction with.)
Tips: Customize Slippage Setting
Slippage Tolerance is the price difference between the price at the confirmation time and the actual price of the transaction you are willing to accept when swapping.
If the difference between the estimated quote and execution price exceeds the rate you selected, the tx will be reverted and users will receive pool tokens on the destination chain.
Tips: Copy the link of the trading pair and share it with other people
Tips: Stake GalaXY Kats NFT to Get Swap Fee Rebate
Synergising with XY Finance’s NFT project – GalaXY Kats, users can stake their NFTs and get DeFi utility such as swap fee rebate while performing cross-chain swaps!
Main Players in Base Ecosystem
Now you know the process of swapping assets to Base, are you interested in participating in the DeFi possibilities within Base’s ecosystem? Let’s take a closer look at this ecosystem, explore its key projects, and delve into the opportunities it holds. Please be aware that the information provided here is not financial advice. Prior to involvement, it’s essential to DYOR !
DackieSwap serves as a decentralized exchange (DEX) that facilitates token swaps on the Base Chain. The platform operates on an automated market maker (AMM) model, enabling users to engage in trades against a liquidity pool. By becoming a liquidity provider, users can acquire LP tokens, which grant them a portion of the exchange’s trading fees.
SwapBased is an automated liquidity protocol implemented in a system of non-upgradeable smart contracts on the Base blockchain. The system in place obviates the need for trusted intermediaries, prioritizing decentralization, censorship resistance, and security. Each SwapBased smart contract, or pair, manages a liquidity pool made up of reserves of two ERC-20 tokens.
NFTFeed is a NFT liquidity solution build on Base, that combines Finance and Web 3.0 to increase the intrinsic value, liquidity of NFT and Defi market. Users can have a worry-free experience buying and selling NFTs and enjoy the benefits of added liquidity and a risk-free trial period. NFT Drops feature allows for the distribution of NFT to a select group of user as rewards for completing missions or for promotional purposes.
Beefy is a Decentralized, multichain yield optimizer platform that allows users to earn compound interest on crypto. Through a set of investment strategies secured and enforced by smart contracts, Beefy automatically maximizes rewards from various liquidity pools (LPs), automated market making (AMM) projects, and other yield farming opportunities in the DeFi ecosystem.
XY Finance is committed to optimize cross-chain service and offer more options for users as well as developers to bridge their assets across the best blockchains in the web3 world. In the future, XY Finance will work closely with promising protocols on Base to jointly open up more gateways for Web3 users to travel across different networks, stay tuned!
XY Finance Ecosystem Update
- How to Cross-Chain Swap From 16 Blockchains to Linea via XY Finance Bridge Seamlessly
- XY Finance Integrates & Support Cross-Chain Trade on zkSync Era
- Cross-Chain Bridge & Swap From 16 Blockchains to Polygon zkEVM via XY Finance!
- Build Your Own Canonical Bridge Across All EVM Chains via XY Finance
- Join XY Token Mining #18 to Share 15,000 $XY!
- How to Bridge & Swap Crypto from Arbitrum to zkSync?
Which chain can I bridge to Base from?
Currently, XY Finance has supported 18 chains, covering nearly 98% of EVM chains including: Ethereum, Base, Linea, zkSync Era, Polygon zkEVM, BSC, Fantom, Polygon, Arbitrum, Optimism, Avalanche C-Chain, Cronos, KCC, ThunderCore, Astar, Moonriver, Klaytn.
Users can now cross-chain swap any token from any of our supported chain to Base in just a few clicks!
How long does it take for the transaction to be completed?
Usually a transaction should be completed within 2 minutes, but sometimes it depends on network congestion. If you are experiencing longer waiting time, you can open a ticket on XY Finance Discord and provide txid.
Is XY Finance safe?
Endorsed by a cadre of esteemed investors including IVC, Circle, Lemniscap, Mechanism Capital, Animoca Brands, and gumi Cryptos, XY Finance’s unwavering commitment to reshape the landscape of decentralized finance is steadfast and resolute.
XY Finance boasts a vibrant community of over 194,000+ users. We have seamlessly managed more than 363,000 transactions, with an impressive aggregate transaction volume in excess of almost $500 million.
What’s more, XY Finance’s 2B solution including cross-chain widget, API & token bridging service are trusted by 100+ onboarded partners naming Rubic, Rango, Single Finance, DoveSwap, MantisSwap, Bolide, Mojitoswap, Hyfen Pay, Numbers Protocol, and more.
About XY Finance
XY Finance is a cross-chain interoperability protocol aggregating DEXs & Bridges. With the ultimate routing across multi-chains, borderless and seamless swapping is just one click away.