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
Websitehttps://jelly.market/ https://app.jelly.market/Whitepaperhttps://jelly.market/documents/Jelly-Swap-Ecosystem.pdfOfficial Github Repositoryhttps://github.com/weichainWhen 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.
BountyBounty 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_swapSocial MediaTwitter
https://twitter.com/jelly_swapDiscord
https://discord.gg/3fCbp9UTelegram
https://t.me/jellyswapFacebook
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!