MetaWin launches new native and Arbitrum layer 2-based swap system boasting 2-second settlement speeds and 0.5-cent gas fees

by chain wire

Posted: March 28, 2024 1:20 PM Updated: March 28, 2024 1:20 PM

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London, UK, March 28, 2024, Chainwire

metawin, A pioneering platform for on-chain prize competitions Native and Arbitrum Layer 2 (L2) blockchain networks Switches to field exchange function.

This groundbreaking update represents a significant milestone in MetaWin’s quest to deliver an unrivaled gaming experience and provide users with faster transactions and significant fee reductions. By embracing the capabilities of the Base and Arbitrum L2 chains, MetaWin not only improves the efficiency of its platform, but also solidifies its position as an innovator in the blockchain gaming industry.

The integration allows users to easily deposit and withdraw funds on or across chains, giving them the flexibility to choose their preferred network to receive their winnings. Transaction times have been dramatically reduced to just 2 seconds for inbound swaps and 20 seconds for outbound swaps, and gas fees for (theoretically) unlimited swaps are just 0.5 cents (0.5 US cents).

The introduction of Base and Arbitrum L2 support is more than just an upgrade. It heralds a revolution. MetaWin prides itself on leading this innovation by providing more accessible, affordable, and faster gaming experiences. MetaWin not only expands its user base but also strengthens the blockchain ecosystem by alleviating barriers associated with high transaction costs and slow processing times.

“We are excited to lead the way in leveraging the latest blockchain technology to benefit our users.” said Rebecca Hanwell, Operations Manager at MetaWin. “The integration of Base and the Arbitrum L2 chain highlights our commitment to innovation and our vision for a future where blockchain gaming becomes mainstream, accessible and affordable to all. “Given the surprising results observed here, we will continue to integrate the remaining layer 2 chains.”

This strategic update is consistent with MetaWin’s ongoing efforts to democratize access to on-chain prize competitions, ensuring players around the world can participate without the burden of exorbitant fees or slow transaction speeds. Decentralized competitions are also expected to transition to utilizing the L2 chain as early as next week.

MetaWin continues to push the boundaries of what is achievable in blockchain gaming, while remaining unwavering in its commitment to providing a secure, transparent, and efficient platform for the global community.

Users can try out the new swap system by connecting their Web3 wallet to MetaWin.

Introduction to MetaWin

MetaWin is the premier platform for on-chain prize competitions and instant win games, offering a variety of fun challenges for users to enjoy. MetaWin leverages cutting-edge blockchain technology to provide a transparent, fair, and safe gaming environment, making it a popular destination for blockchain enthusiasts and gamers alike.

For more information about MetaWin and its latest integrations, visit www.Metawin.com.

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Chainwire is the leading blockchain and cryptocurrency news provider, distributing press releases and maximizing cryptocurrency news coverage.