In a significant collaboration, Near Protocol and Aptos have joined forces to provide developers with seamless one-click cross-chain swaps, addressing the long-standing issues of cross-chain liquidity and real-time data access in Web3. This partnership also involves Shelby, a decentralized hot storage platform, to bring a more efficient and scalable solution to the Web3 ecosystem.
Enhancing Web3 Experience
Near Protocol (NEAR) and Aptos (APT) aim to abstract the complexity of blockchain technology, making it more accessible to developers and users. By integrating Shelby’s hot storage solution, they enable the performance of Web2 class for AI agents, streaming content, and decentralized applications, while maintaining the Web3 experience with the ability to scale for global adoption.
Shelby, developed by Aptos Labs and Jump Crypto, offers a hot memory protocol with cloud-grade reads and programmable logic from sub-customers. This integration allows users to enjoy the benefits of both Web2 and Web3, creating a more robust and efficient ecosystem.
Cross-chain Liquidity and Stable Coin Transfers
The integration of Near, Aptos, and Shelby enables immediate cross-chain transfers, supporting the exchange of assets such as Bitcoin (BTC), Ethereum (ETH), XRP (XRP), and over 20 other blockchains directly in APT and Tether (USDT) on Aptos. This means that users can now seamlessly swap assets without needing to understand complex network details or use bridges.
Aptos developers can utilize this new environment via the 1-click Swap-API, which allows builders to integrate almost intentions into their projects. This API enables fast and decentralized data for agents about Shelby’s hot storage solution, making it easier for developers to create more efficient and scalable applications.
According to a tweet by Near Protocol, “This integration marks an important milestone for the chain abstraction stack of near. Aptos-one of the largest global stable coin user-based can now use almost intentions and bring seamless cross-chain liquidity.”
The partnership between Near, Aptos, and Shelby is a significant step towards solving the long-standing issues of cross-chain liquidity and real-time data access in Web3. By providing a more efficient and scalable solution, they aim to enhance the overall Web3 experience and make it more accessible to developers and users.
For more information about this collaboration, please visit https://crypto.news/near-and-aptos-enable-one-click-cross-chain-swaps-with-shelby/
