Mayan’s innovative auction protocol attracts support from leading builders Anatoly Yakovenko, co-founder of Solana, Saeed Badreg, co-founder of Wormhole and more
Mayan, the pioneer in auction-based cross-chain swaps, announced today the successful closure of a $3 million Seed Round co-led by 6th Man Ventures (6MV) and Borderless Capital. Notable participants in the round include Solana Ventures, Hash3, Big Brain Holdings, Arrington Capital, and Wormhole Cross-Chain Ecosystem Fund as well as notable angels including Anatoly Yakovenko, co-founder of Solana and Saeed Badreg, co-founder of Wormhole Labs. This funding milestone will fuel Mayan’s mission to optimize the web3 trading experience by addressing the critical issues of transparency, speed and cost in the cross-chain user journey.
Mayan’s intent-centric cross-chain protocol leverages Wormhole message passing to connect Solana, Ethereum, and the top EVM-compatible chains, is a new innovative way to enable seamless swaps of assets across diverse networks. Mayan’s English auction model matches users with bidding drivers, which are deep liquidity market makers, to achieve swift and favorable execution with the most optimal outcome on both ends. By harnessing the speed of Solana, Mayan holds on-chain auctions that settle in seconds.
Users can experience seamless cross-chain swapping with Mayan by visiting: https://mayan.finance/
About Mayan
Mayan is an intent-based cross-chain protocol that utilizes auctions to provide the best possible swap rates for every trade. Powered by Wormhole message passing, Mayan seamlessly connects Solana, Ethereum, and major EMV-compatible chains such as BSC, Polygon, Optimism, Avalanche, and Arbitrum. With its robust API and pre-built widget, Mayan enables any website or dApp to offer cross-chain swaps almost instantly. As the most optimal decentralized venue for trading crypto assets, Mayan ensures a frictionless experience across diverse ecosystems.
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ContactPR DirectorKarla VilhelemMarket Waveskarla@marketwaves.co
This article was originally published on Chainwire
Source: Cryptocurrency - investing.com
