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Frequently Asked Questions
Everdex collects liquidity scattered across multiple networks into the Bifrost network pool and then exchanges it with external networks.
For instance, if you are swapping ETH on the Ethereum network with BNB on the BSC network, you will go through the following three steps.
The minimum or maximum amount of tokens required for a transaction varies depending on the network. Please enter a value that meets the range that appears when entering the token amount during the transaction.
By default, each network has its own environmental differences, such as block creation and determination times.
In addition, the cross-chain communication protocol (CCCP) used by Everdex to safely handle users' assets in unexpected situations, such as chain reorganization, uses a certain block confirmation time considering the characteristics of each blockchain. For instance, the Polygon network allocates up to 15 minutes of block validation time to minimize user inconvenience as the chain often reorganizes.
For these reasons, the time it takes to complete the transaction may vary depending on the network.
In order to execute token swaps on a decentralized exchange(DEX), we need a common pool consisting of the tokens to swap. This means that you cannot swap tokens if their common pool does not exist. Please refer below for details.
Given that there are Token A, B, and C, and you want to swap Token A to Token B, the swap route can be created as follows:
* Swaps cannot be executed if there are no common tokens as swap routes cannot be created.