Symbiosis SIS Price

What is Symbiosis (SIS)?

Symbiosis Finance (SIS) emerges as a pioneering decentralized exchange, fostering seamless cross-chain transactions by aggregating liquidity from various blockchains, irrespective of their EVM technology usage. This protocol eliminates the complexities associated with identifying suitable cross-chain bridges, allowing users to effortlessly trade tokens with a single click. The Symbiosis ecosystem operates on the principles of complete decentralization, ensuring resistance to censorship, and promoting interoperability by connecting diverse blockchain networks. Crucially, the protocol is non-custodial, safeguarding user funds with an emphasis on security. The SIS token, serving as the governance token for the Symbiosis DAO and Treasury, plays a central role in the ecosystem, requiring stake participation from relayer network nodes to facilitate consensus and token swaps.

Symbiosis Finance addresses the challenges of liquidity fragmentation across blockchain networks and enhances user experiences within the realm of DeFi and the web3 economy. This multi-chain liquidity protocol is designed to provide a unified bridge between all supported blockchains, allowing users to trade token pairs effortlessly while maintaining ownership of their funds. Symbiosis' commitment to full decentralization, interoperability, and non-custodial principles is reflected in its two main components – the Relayers network, a blockchain-agnostic P2P network incentivized through crypto economics, and the Cross-chain liquidity engine, comprising smart contracts managing concentrated cross-chain liquidity pools and an off-chain routing mechanism. With a vision to target an extensive range of token pairs across all chains, Symbiosis Finance stands as a promising solution, streamlining cross-chain transactions and fostering a more connected and efficient decentralized financial ecosystem.

What is unique about Symbiosis (SIS)?

Symbiosis (SIS) stands out for its decentralized exchange facilitating effortless cross-chain token swaps, ensuring complete decentralization, non-custodial security, and extensive liquidity support.

Who are the founders of Symbiosis (SIS)?

Nick Avramov and Will K are the two co-founders of Symbiosis.

Who are the backers/investors of Symbiosis (SIS)?

Symbiosis has support from Binance Labs, Blockchain.com, Gate.io, KuCoin Labs, DAO Maker, Primitive Ventures, and others.

Where can I buy Symbiosis (SIS)?

You can buy Symbiosis (SIS) on Bybit, Gate.io, HTX, BingX, CoinEx cryptocurrency exchanges.