Onboarding users to a chain is one of the biggest hurdles for any native chain.


People don't like bridges as we've all seen the exploits, they need gas tokens on both sides, they need to approve random messages prior to sending, etc.
$RVF fixes this.
I don't know how its still valued sub 2M.
So, why is @RocketXexchange better?. You can literally swap ANY token, on ANY network, for ANY token on ANY network, all without signing any messages or interacting with contracts.
How?.
So.
1. On their aggregator, select the token you want to swap in your wallet, and then select the chain and token you want to receive on the other side. Simple, right?.
Then, it pulls up a list of different routes. They aggregate swaps on both CEX's and DEX's, to give you the best possible rate.
2. From here, you select the quote you want. Some are direct through DEX's showing you what you will receive, what you will save, some quotes will be privacy routes to completely mask where its moving to, and then there is walletless. And that, is by far the best feature on any aggregator in this space.
How does it work?.
You send your tokens to their address.
They automate the swap through the best possible route, and output the token to you.
3. You don't interact with any contract, you don't approve any balances, they simply provide you an address, you send them tokens. Within a minute, it automatically confirms receipt and outputs the token you selected on whatever chain you chose.
More chains need to be adopting their infra, and I believe its coming. It is the biggest hurdle projects actually struggle with, the complex steps of getting people to move tokens over and gain their trust everything is secure.
This space don't work like that.
If it takes more than a few minutes, people can't be fucked. Even myself, sometimes there would be some insane subnet building cool shit but didn't have enough unstaked $TAO so never bothered. Within 60 seconds, I bridged native ETH over to native TAO and completed the swap.
If you use it as your everyday bridge / DEX / CEX, the token pays for itself. For just holding the token you get reduced fees on every single swap. Blows my mind how a project doing over 1M in annual fees is valued at a 1.5M MC.
With other chains / dApps integrating their rails to onboard users, it is another swap through the Rocket X engine that drives more revenue, and more fees, the same playbook 0x ran.
Not going to attach a ref link, don't want people to assume its paid. It's not. It's an insane product, sitting at ATL.
TAO-2.31%
ETH-0.94%
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