Universal Name Service
  • 🧰introduction
    • Executive Summary
    • Background
      • Competitive Landscape
    • Introduction
  • 🛞How It Works
    • Multi-Chain Registration
    • Seamless Transfers
    • Integrated Token Swap
    • Automatic Bridging
    • Contract Registration
  • ⚙️Technical Architecture
    • Smart Contract Architecture
      • A. ERC-721-Based Name Ownership
      • B. Custom Smart Contracts for Non-EVM Chains
      • C. Resolver Contracts
      • D. Integration with Decentralized Identity (DID) Standards
    • Name Resolution and Identity Management
      • A. Name Resolution Mechanism
      • B. Identity Management through Decentralized Ownership
      • C. Integration with Decentralized Identity Protocols
  • 💰Tokenomics
    • Tokenomics
      • Utility of $UNS
      • Token Allocation
  • 🚩Roadmap
    • Roadmap
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  1. How It Works

Integrated Token Swap

  • Cross-Chain Swaps:

Users can perform token swaps directly within the UNS platform using wrapped contracts. For instance, a user can swap wETH on Ethereum for wBNB on the BNB Chain without needing to use third-party exchanges.

These wrapped contracts represent native assets as compatible tokens on other blockchains, maintaining liquidity while enabling cross-chain interactions.

The swap process is managed through smart contracts that lock tokens on the source chain and release equivalent wrapped tokens on the target chain, ensuring security and transparency.

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Last updated 4 months ago

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