• Chainflip Labs is working with OKX Web3 and DoraHacks to boost the development of its Chainflip protocol.
• The OKX Web3 wallet will be integrated into a front-end interface, allowing users to connect seamlessly when swapping on Chainflip.
• DoraHacks will reinvest proceeds from running validators back into the Chainflip ecosystem, to fund new projects and hackathons.
Chainflip Labs Collaborating with OKX Web3 and DoraHacks
Chainflip Labs is working with OKX Web3 and DoraHacks in order to further boost the development of its chainflip protocol, a decentralised, trustless protocol that allows for seamless value transfer between any blockchain type. The mainnet launch is scheduled for Q4 2023.
OKX Web3 Wallet Integration
As part of the collaboration with OKX, their web3 wallet will be integrated into a front-end interface enabling users to connect seamlessly when swapping on ChainFlip.
DoraHacks Proposal
The proposal by DoraHacks involves reinvesting proceeds from running validators back into the ChainFlip ecosystem in order to fund new projects and run hackathons which will help improve the ecosystem.
Other Collaborations
In addition to these collaborations, other organisations such as Squid, Axelar and OpenOcean have also teamed up with ChainFlip in order to make cross-chain swaps more efficient and affordable for web3 audiences.
Conclusion
These collaborations are designed to add even more functionality to the chainflip experience before mainnet launch in Q4 2023. With increasing demand for cross-chain swaps, these tie-ups can help transform decentralised cross-chain swapping experiences for users everywhere.