Overview of Multichain
Originally launched as Anyswap in July 2020, Multichain evolved into a cross-chain router protocol, enabling interoperability between assets across 25+ blockchains. It supports over 1,100 tokens and eliminates slippage during swaps, making it a versatile tool for decentralized finance (DeFi) users.
Key Features
✅ Multi-Blockchain Support: Seamlessly bridge assets across Ethereum, Binance Smart Chain, Polygon, and more.
✅ Zero Slippage: Trade tokens without worrying about price fluctuations mid-transaction.
✅ Cost-Efficient Routing: The Multichain Router optimizes cross-chain fees for faster, cheaper transactions.
Getting Started with Multichain
Step 1: Set Up a Wallet
To interact with Multichain, you’ll need a Web3 wallet like MetaMask, Coin98 Super App, or Trust Wallet.
👉 Download Coin98 Super App for iOS/Android or install the Coin98 Extension Wallet via chrome.coin98.com.
Step 2: Fund Your Wallet
Ensure your wallet holds:
- Native tokens (e.g., ETH, BNB) for gas fees.
- Assets you plan to swap/bridge.
Using Multichain: Step-by-Step
1. Connect to Multichain
- Open your wallet’s DApp browser.
- Search for “Multichain” and select the official link.
- Your wallet auto-connects—verify the network displayed.
2. Swap Tokens
- Select Router and choose your blockchains/token pair.
- Enter the swap amount—the system calculates output automatically.
- Approve the token (first-time users) and confirm the transaction.
Pro Tip: Check cross-chain fees and estimated processing time before finalizing.
3. Provide Liquidity
- Navigate to Pool > Add Liquidity.
- Select tokens and input amounts.
- Approve and confirm to earn LP rewards.
Advanced Features
veMULTI Governance
Lock MULTI tokens to get veMULTI NFTs, granting voting rights in Multichain’s DAO. Longer locks = higher voting power.
Example:
- 100 MULTI locked for 4 years = 100 veMULTI.
- 100 MULTI locked for 1 year = 25 veMULTI.
How to Lock:
- Go to veMULTI > Create Lock.
- Enter amount/duration and confirm.
FAQs
Q1: What’s the minimum swap amount?
A: Varies by blockchain—always check the transaction preview for limits.
Q2: How long do cross-chain swaps take?
A: Typically minutes, but large transfers (>$5M) may take up to 12 hours.
Q3: Can I withdraw liquidity anytime?
A: Yes! Navigate to Pool > Remove and confirm the transaction.
Summary
Multichain simplifies cross-chain DeFi with low fees, zero slippage, and robust liquidity options. Start bridging assets today to unlock seamless interoperability!
👉 Explore Multichain’s full potential and maximize your crypto strategies.
Got questions? Drop them in the comments below!
### Keywords:
- Multichain
- Cross-chain bridge
- DeFi
- Token swap
- veMULTI
- Liquidity pool
- Coin98 Super App