Canswap

Abstract Canswap is a decentralized cross-chain swap platform that allows for the seamless trading of fungible tokens across multiple blockchains. Our solution addresses the current pain point faced by users who have to navigate through multiple chains and bridges in order to trade, incurring high gas fees and facing delays due to network congestion. Our platform utilizes a multi-chain protocol that allows for the execution of trades on multiple blockchains simultaneously, through the use of stable coin pools and a mechanism that triggers trades in both blockchains. This reduces gas costs by trading from highly congested networks such as Ethereum to less congested networks like Solana, BNBChain, Polygon, etc. This approach will make the trading process more efficient and cost-effective for users. Our goal is to empower users to trade freely across the borders of different blockchains without any complications, making it a seamless experience on the backend and front end. With Canswap, users can easily and efficiently trade their assets without the hassle of navigating multiple networks.