Technology

Swaperry is built on top of the Polkadot ecosystem, which aims to offer scalability, noticeably faster transactions and cheaper fees.

What is Polkadot?

Polkadot is an open-source, sharded protocol that carries in its batch two types of blockchains. One is a relay chain playing the role of a main network where permanent transactions take place and the other is parachains, also known as user-created networks. Owing to its versatile nature, the latter can be customized for an unlimited number of uses and integrated into the main blockchain. This integration allows parachain transactions to enjoy the same security as the main chain does. To ensure that transactions on Polkadot are dealt with an optimal level of security and accuracy, it is designated as having certain computing resources to deliver performance in the main chain. It suffices to say that in this resurgence, Polkadot manages to resolve some remaining problems, meaning that it shall not risk disclosing user data to the public network and at the same time processes a greater number of transactions.

What is PolkaFoundry?

PolkaFoundry is a platform for building borderless and frictionless DeFi dApps on Polkadot. It aims to be the one-stop production hub for DeFi dApps with all the necessary features, services, integrations, and tools for DeFi experiments, innovations, and real-world solutions. Taking advantage of Polkadot's interoperability and scalability and integrating many DeFi-friendly services into the platform, PolkaFoundry also provides UX-enabling features that make dApps as easy to use as normal applications and bring dApps to the masses.