VOOI has just launched the mainnet version V2, allowing spot and perpetual contract trading directly on an integrated platform, without needing a wallet or chain bridge, enhancing the cryptocurrency user experience.
MAIN CONTENT
VOOI V2 eliminates wallets, chain bridges, and many trading interfaces thanks to chain abstraction technology.
Users can trade spot and perpetual contracts on the same integrated platform.
Supports EVM-compatible chains such as Ethereum, BNB Chain, and plans to expand to non-EVM ecosystems.
So what is VOOI V2 and what makes it special?
VOOI V2 is the new mainnet version of the decentralized exchange funded by YZi Labs, operating based on modern chain abstraction technology.
This version eliminates the need for separate wallets and traditional chain bridges, allowing users to perform spot and perpetual contract trading on a single interface while aggregating liquidity from multiple exchanges like Hyperliquid, Orderly.
Founder Will K shares: “VOOI V2 aims to lower barriers for retail investors, making it easier for them to access the cryptocurrency market.” Currently, V2 supports popular EVM chains, with plans to develop additional ecosystems beyond EVM.
VOOI V2 marks a significant step in simplifying the trading experience, minimizing complex steps and enhancing liquidity for users.
Will K, Founder of VOOI, 1/7/2024
How does VOOI V2 improve the cryptocurrency trading process?
The application of chain abstraction technology allows VOOI V2 to integrate multiple functions on a single platform, enhancing convenience and security for users.
Instead of having to switch between cold wallets, hot wallets, or chain bridges, users can now trade with just one single account, while benefiting from aggregated liquidity from major perpetual contract exchanges.
Reports from The Block indicate that VOOI has made breakthroughs in trading interfaces, while also enhancing performance and stability for traders.
What is chain abstraction technology and what are its benefits?
This technology allows the system to hide complex details about multi-chain operations, providing a middleware layer to handle transactions across different blockchains seamlessly.
This helps users not to worry about different wallets or bridges, avoiding the risk of Token loss due to technical errors, while saving time when trading cross-chain.
What chains does VOOI V2 support and what are the future development plans?
Currently, VOOI V2 is fully compatible with EVM chains such as Ethereum and BNB Chain, which hold a significant market share in the global cryptocurrency ecosystem.
According to Will K, the exchange is researching to expand into non-EVM ecosystems in order to diversify the trading environment and reach more investors.
Supporting multiple chains and various trading types also helps VOOI increase its competitiveness in the current DEX market.
Expanding the ecosystem to non-EVM chains is a strategic step to meet the diverse development needs of the global cryptocurrency market.
Will K, Founder of VOOI, 1/7/2024
Frequently Asked Questions
Does VOOI V2 require a separate wallet?
No, VOOI V2 integrates direct trading without the need for a separate wallet or chain bridge.So, what chains does VOOI V2 support?
Currently supports EVM chains like Ethereum, BNB Chain, and will expand to non-EVM chains.Why is VOOI V2 important for retail investors?
Because it minimizes technical barriers, creating a simple, accessible, and safer interface.Does VOOI V2 provide aggregated liquidity?
Yes, it aggregates liquidity from major perpetual contract exchanges like Hyperliquid, Orderly.What are the benefits of chain abstraction technology?
Eliminates complexity when trading across multiple chains, increases security, and provides a seamless experience for users.
Source: https://tintucbitcoin.com/vooi-ra-mat-mainnet-v2-da-chuoi/
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