FLIP-ChainflipDetailed Description

FLIP-Chainflip Detailed Description

Chainflip is a cross-chain DEX that uses a threshold signature scheme, an independent application-specific blockchain, and a dedicated AMM with instant liquidity to facilitate native cross-chain exchanges. Chainflip allows users to access native assets that are currently isolated from DeFi and not well served by existing DEXs, such as ETH, DOT, and BTC. The Chainflip protocol maximizes capital efficiency, enabling trading with extremely low slippage and prices on par with centralized exchanges.