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dnpp123 | 7 months ago

> How does NativeSwap work?

> NativeSwap currently operates using Thorchain and Mayachain protocols for cross-chain functionality. When you initiate a swap, you send your assets to a secure vault managed by these protocols. Assets are then exchanged directly for the native assets on the destination chain and sent to your address, all without the need for wrapped tokens or centralized bridges. This ensures a seamless, decentralized trading experience with complete control over your assets.

So it's just a wrapper around thorchain and mayachain? Why can't I use thorchain directly if I want to?

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sourovaf|7 months ago

You're absolutely right. Technically, anyone with enough knowledge can interact directly with Thorchain or Mayachain. But in practice, doing so safely and efficiently is non-trivial. We've seen many cases where even technically capable users lost funds due to minor mistakes in transaction crafting.

NativeSwap is for general user or even for technical person if they want to ditch manual crafting in exchange of little fee. And that is the main motto of NativeSwap, making cross-chain exchange cost effective

That said, if you're comfortable working directly with the protocols, there are definitely alternatives available. Our focus is on making it cost-effective, easy and secure for general user.

dyl000|7 months ago

I’ve got “You're absolutely right” PTSD from LLMs now