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Author Topic: [ANN] Jelly Swap - Real Implementation of Cross-Chain Atomic Swaps  (Read 224 times)
weidex
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November 12, 2019, 11:28:32 AM
 #1


What is Jelly Swap?

1/🚀 Jelly is a super simple-to-use #dApp that enables cross-chain Atomic Swaps without any intermediaries.

2/ 🚀 Jelly executes cross-chain transactions - it exchanges quickly cryptocurrencies between different blockchains (e.g. Ethereum and Bitcoin).

3/ 🚀 Jelly removes the middleman - it enables two or more parties to swap cryptocurrencies peer-to-peer without trusting a third party. It avoids unnecessary fees and eliminates counterparty, KYC & AML settlement, and custodial risks.

4/ 🚀 Jelly does not depend on a central authority or any infrastructure other than the smart contract. The source code is public and verifiable.

5/ 🚀 Jelly is highly secure - the atomic swap mechanism prevents fraud by using the Hash Time-Locked Contracts, which ensure that none of the parties will lose their funds.

6/ 🚀 Use case:
A simple real-life example is Compound. You can use Jelly to supply ETH/DAI/WBTC to Compound having only BTC. In contrast, if you use ShapeShift, you have a lot of additional steps before interacting with Compound

Website
https://jelly.market/
https://app.jelly.market/

Whitepaper
https://jelly.market/documents/Jelly-Swap-Ecosystem.pdf

Official Github Repository
https://github.com/weichain

When will Jelly launch?
Jelly will be officially launched on the testnet on the 20th of November 2019. You will be able to swap ETH, BTC and TRX (until Nov 20th only ETH and TRX swaps available - you can try them even now). They soon will be followed by EOS, NEO and Aeternity.

Bounty
Bounty Campaign will also be started on Nov 20th. Its aim is to encourage people try the dApp and leave feedback.
✅Get some testnet tokens
✅Swap
✅Win real DAI/ETH rewards
Further details will be soon posted on Twitter - https://twitter.com/jelly_swap

Social Media
Twitter https://twitter.com/jelly_swap
Discord https://discord.gg/3fCbp9U
Telegram https://t.me/jellyswap
Facebook https://www.facebook.com/groups/823260878071807/

If you want to test the dApp now, leave in comments your ETH Address and we will send you testnet tokens. Feedback highly appreciated!
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safari88
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November 12, 2019, 12:17:46 PM
 #2

i just try your website and i want to exchange my eth on ropsten network but i can't withdraw the trx
can you make a video about how your website works? so it will be easy to understand

weidex
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November 12, 2019, 02:32:24 PM
 #3

Hey, thanks for being interested in our dApp! The official release is on 20th of November and until then a lot of internal testing, fixing and modifications are going to happen (leading to the platform malfunction). On 20th of November everything will be working around the clock, so please stay tuned!
kraikov
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November 12, 2019, 02:44:36 PM
 #4

i just try your website and i want to exchange my eth on ropsten network but i can't withdraw the trx
can you make a video about how your website works? so it will be easy to understand


Hey, the video is in the works and should be available soon! Thanks for your feedback.
siofok
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November 13, 2019, 03:09:04 AM
 #5

will testnet tokens swap to mainnet?
safari88
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November 13, 2019, 01:27:06 PM
 #6

will testnet tokens swap to mainnet?

i think there is no way for this project will swap your tesnet token into token that on the mainnet

Hey, the video is in the works and should be available soon! Thanks for your feedback.

great, because i already have done a few transactions but all my transaction failed and i hope that my steps already correct so with video it will be helpful

weidex
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November 14, 2019, 12:55:21 PM
 #7

Almost there - we are focused on final tests and fixes. On Nov 20th the dApp will be available on the testnet for ETH, BTC and TRX. You will be able to try the swaps. In the form below you can provide your ETH address in order to send you some test ETH for swaps on Nov 20th.

http://bit.ly/2Q4bi7Y
weidex
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November 18, 2019, 11:22:57 AM
 #8

Two days left!

Join our #bounty on Nov 20th and win $15! 🚀🚀
👍 Follow us on Twitter https: //twitter.com/jelly_swap
💬 Join our Discord https: //discord.gg/3fCbp9U
🔃 Swap:
✅ go to the dApp https: //app.jelly.market/
✅ connect your wallets to start
✅ a pop-up will appear to tweet your ETH address automatically
✅ you will receive testnet ETH
✅ finish the Swap and win 5$
📢 Leave feedback http: //bit.ly/37fMDDL and win 10$

‼️For all the early birds - register here to be among the FIRST who will receive testnet ETH on Nov 20th. Swap and Win 🥳 http://bit.ly/2XlI46k
weidex
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November 20, 2019, 08:42:22 PM
 #9

And we are live! Jelly is officially launched on the testnet https://app.jelly.market/swap/ETH-TRX

Simple overview:

1. Cross-chain atomic swaps allowing seamless asset exchange between different networks.
2. Liquidity providers (i.e. market makers) will be able to provide on-demand liquidity by simply running a docker image. Whenever a swap request is initiated by the user (on-chain) the market maker with the best price will be picked.
3. Similar to UniswapExchange pools, but without the locking of funds - they just have to be available in the market maker's wallet whenever a user initiates a swap.

Next steps:

1. Soon users will be able to use BTC to lend and borrow using Compound through the jelly_swap interface. And hopefully any other dapp.
2. AE and EOS are already in the works and shall be available in December.
3. A mobile app is also coming in the foreseeable future.

Go try the dApp. Leave feedback - highly appreciated.

(If you don't have test ETH, click here https://faucet.ropsten.be/ to get some)
weidex
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November 30, 2019, 05:14:20 PM
 #10

Hey guys,

We start a new Bounty. You can join and try the dApp in a few minutes.

Christmas Bounty ❄️ 🥳

🎄 "Swapping December" 🎄

One of all swaps executed on Jelly in December will win 300$. On the 2nd of January, we will select one random address (live 🎥 ) which will receive 300 DAI.
Start swapping! 🎁

https://jelly.market/
weidex
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November 30, 2019, 05:15:22 PM
 #11

Hey guys, as we promised we will have a lot of Bounties in future.

We start a new one - join!

We start a new Bounty. You can join and try the dApp in a few minutes.

Christmas #Bounty ❄️ 🥳

🎄 "Swapping December" 🎄

One of all swaps executed on Jelly in December will win 300$. On the 2nd of January, we will select one random address (live 🎥 ) which will receive 300 DAI.
Start swapping! 🎁

https://jelly.market/
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