How to Use XY Finance to Bridge WETH from Astar to Arbitrum with Lowest Swap Fees

XY Finance is full cross-chain aggregator that allows smart routing. I will show you how to Swap WETH from Astar to Arbitrum chains using XY Finance. XY Finance supports following chains: BNB, Polygon, Fantom, Cronos, ThunderCore, Avalaunche, KCC, Arbitrum, Optimism, Moonriver, Klayton and Numbers chains

What is XY Finance? XY Finance is a cross-chain interoperable protocol that aggregates not only DEXs but also bridges, it helps route your assets of various types with best rate possible at top speed and security. XY Finance helps strike the best bargain with minimize rates. Cross-chain transfer and every transaction step will be carried out in an instant, faster than the competitors like celler bridge, bungee exchange, or rango exchange. Links for those links provided below and above. XY Finance support between Ethereum, Astar, BNB, Polygon, Fantom, Cronos, ThunderCore, Avalaunche, KCC, Arbitrum, Optimism, Moonriver, Klayton and Numbers chains. For each chain there is dozen tokens from Stable coins to wbtc and wETH and chain primary tokens.

X Swap XY Finance's X Swap provides fastest and safest multi-chain swap conducted in single transaction that travel is shortest path from source chain to destination chain without the need to pay gas fees to claim on destination chain.

Y Pool XY Finance's Y Pool is a bridge that incentivizes liquidity providers with swap fees between chains and $XY token, allowing users to earn passive income by deploying their assets as liquidity. It support 14+ major blockchains similar to celler bridge.

XY Finance as a Cross Chain Bridge XY Finance can be used as a Cross Chain Bridge between 14+ some odd chains. In my example, I used it to bridge WETH from Astar chain into WETH on Arbitrum chain. I had to approve sending WETH transaction from Astar chain with ASTR gas. Great advantage of Astar chains gas fees are like $0.0001 per transaction. Then I have to approve ASTR gas for actual sending of WETH tokens. After few minutes my funds appeared on Arbitrum chain. XY Finance has the ability to send it to a different address completely different from the bridging address. Definitely keep it safe by swapping to the same address. Never send directly to a centralized exchange wallet address where you might lose funds. The beauty of Rango Exchange is similar to Bungee bridge is that it knows how much receiving chain has in terms of liquidity. It tells you if it has liquidity and percentage of slippage. If you see large slippages it tells you that you will be experiencing large slippages. It will ask you are you sure to continue with the bridging? I would not continue with that token if slippage is greater than 2%. I only bridge 0.3 WETH at a time to keep the slippage under 1.5%. I would switch to a more liquid token such as a stable coin like USDC as appose to BTC or other exotic tokens. I notice on Wormhole bridge, I would bridge my tokens and there is literally there is no liquidity on other side. So I end up losing gas fees to re bridge my tokens back to original chain. The other Bridge I prefer is Celer bridge. Link is provide below.

XY Finance as a Swap Dex Using XY Finance can be use as a DEX for any chain supported. Just like a normal DEX design for that chain. Think of it as Spookyswap for Fantom but it can be used for any supported 14+ chains as of shooting this video. If you have not swaped once, you have to approve the token first with gas fees. Then approve the swap in the next transaction with gas fees. You can do native chain on chain swap for all 14+ supported chains. That is the power of XY Finance.

Advantages of Using XY Finance I like the fact XY Finance let me swap multiple tokens natively without needing to swap into a stable coin like USDC or USDT before swapping to other chain. I like the fact they do not force to use $XY token as only bridging token supported. It tells you slippage percentage Realtime. I pretty much got the advertised slippage on site. Funds arrived with few minutes on Arbitrium network.

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Time Stamp: 00:00 Introduction to XY Finance 01:24 XY Finance as a Cross Chain Bridge 02:49 XY Finance as a Swap Dex 03:23 XY Finance Airdrop 03:52 Advantages of Using XY Finance

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