Dextr & Arcana join forces to simplify Web3 Onboarding
Dextr & Arcana partnership makes Web3 onboarding a breeze. These blockchain pioneers are collaborating to create seamless tools for managing digital assets and navigating dApps. Crypto newcomers rejoice - the learning curve just got less steep.
We are delighted to announce our partnership with Dextr, a newer vision toward exchanges. Dextr is an account abstraction-based non-custodial exchange built using dynamic soul-bound tokens.
Dextr employs a unique trading model by seamlessly integrating an on-chain order book with a dynamic automated market maker (Dynamic AMM). This approach allows liquidity providers (LPs) to allocate liquidity to multiple markets using a single token. Dextr also features a reputation-based ranking system within the Dynamic AMM that allows LPs to earn up to 100% of the trading fees accumulated on their liquidity position. Furthermore, Dextr offers a bridgeless cross-chain order settlement mechanism, significantly enhancing overall efficiency.
By incorporating SBT Bound Smart Accounts, Dextr grants users genuine ownership of their assets while fortifying security through features like social recovery, on-chain multi-factor authentication, and decentralized inheritance.
To explore and reinvent Exchange using Account Abstraction, check out the below links.
Official Links: Twitter | LinkedIn |Website. Join their beta waitlist and become a part of Dextr’s community.
How Arcana and Dextr will collaborate?
The process of making Account abstraction-based exchanges prominent and convenient suffers major challenges in terms of prerequisites and user adoption. Arcana's Authentication SDK can act as a solution for this particular problem. Enabling Arcana Auth to onboard users through social signups and passwordless authentication provides a seamless and secure user experience.
Additionally, users also get access to instant and secure non-custodial wallets, loaded with multiple features and utilities for these specific types of interactions, therefore prioritizing both security and accessibility. Adding On, Arcana will also provide feedback on the product and support in marketing and community building to Dextr.
Quote from Dextr
We are thrilled to partner with Arcana in our shared mission to simplify Web3 onboarding. Dextr's innovative approach to non-custodial exchange, complemented by Arcana's Authentication SDK, promises to deliver a seamless and secure experience for users.
Tanuj B, Co-Founder, Dextr
About Arcana
Arcana Network is an UX-focused appchain dedicated to improving Web3 UX with a suite for products for developers and users.
Its offerings include Arcana Auth for seamless user logins and web3 authentication on dApps, Arcana Gasless for frictionless Web3 transactions, SendIt for simplified crypto transfers.
By addressing challenges like user onboarding, complex user interfaces and transaction costs, Arcana is fostering a more user-friendly and inclusive web3 ecosystem
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Please note: https://arcana.network is the only official website to access Arcana's XAR Drop. Neither the claiming site, any member of the Arcana team, nor any community moderator will ever ask you to enter your private key or transfer tokens of any kind from your wallet. Disclaimer