ETH & ERC-20 Swapping Client (Connext) — increased from 50% to 80%.
We recently announced that we will be using Connext instead of Raiden to accomplish the swapping of ETH & ERC-20 tokens within our DEX interface.
Connext is an open-source client (similar to LND or Raiden) that allows users to run and operate state channel communications via L2 on the Ethereum network. This client can be used to interoperate on the second layer with BTC’s lightning network allowing for ETH –BTC cross-chain atomic swaps on layer 2.
You can read more about this here.
We have successfully been able to exchange ETH to BTC on testnet without any issues. Our developers are preparing some final tests to perform on testnet before they begin to integrate this into the mainnet client for use by our beta testers.