For many reasons...
Our forward-driven team aspired to create VentiSwap with these primary goals:
- User convenience
- Easy access to popular blockchains
- No Registration needed
- Non-Custodial Wallets
- Faster transactions and optimized gas fees
- Sending and Receiving Network Choice (Not just the native sending source asset's network)
- Refund function for failed transactions (Refunds take place 24 hours after a failed transaction)
Using VentiSwap includes the following benefits detailed below.
VentiSwap's reduced gas fees to be similar to a simple send fee, rather than a more costly typical swap fee. See her a diagram that compares the old way verses the VentiSwap's way. 3 manual transactions have been combined into a single swap transaction. Note that Wallet 2 can be the same as the source wallet (Wallet 1).
Advantage over using CEX for cross chain swaps
VentiSwap’s core swap engine yields transaction times less than 15 minutes between non-custodial wallets (times also impacted by asset network congestion). Slow downs and waits related to bridges and wrapped tokens do not apply! And no HTLC to worry about either!
A powerful transaction authentication and verification system at the heart of the VentiEngine works to combat 3rd party malicious automated transaction systems (“bots”) to minimize network congestion to insure its users a fluid transaction environment.