Bitflow, a decentralized exchange (DEX) that lets people trade and make money with Bitcoin, has stated that it will work with Leather Wallet, the most popular Bitcoin wallet.
Over 370,000 users can now easily swap assets on Stacks thanks to this partnership. This makes it easier for them to get more involved with decentralized finance (DeFi). The integration is meant to bring in more users and encourage more usage and new ideas in the Bitcoin Layer 2 (L2) ecosystem.
Bitflow uses technologies like Runes, Partially Signed Bitcoin Transactions (PSBTs), Atomic Swaps, Layer-2 smart contracts, Stacks Bitcoin (sBTC), and open liquidity pools to make Bitcoin work as well as it can.
Bitflow’s addition to Leather Wallet increases the number of people who can use it and makes Bitcoin L2 tokens more useful and easy to get. This encourages more adoption and new ideas in the community.
Mark Hendrickson, General Manager of Leather, said that the goal of the wallet is to connect the Bitcoin main chain to Bitcoin L2s such as Stacks. Bitflow’s SDK is now built into Leather’s native swap interface. This makes cross-protocol swapping more scalable and gives Stacks users the ease of their wallet.
The Bitflow Swap Aggregator is made to work with other decentralized apps and wallets without any problems. This makes it easy for users to swap tokens right in their chosen crypto wallets. The general user experience in the DeFi space is better now that this new feature makes it easier than ever for users to trade tokens.