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Mayan Finance is a decentralized cross-chain swap auction protocol that allows users to exchange tokens across different blockchains, such as Ethereum, Solana, Avalanche, Polygon, and Binance Smart Chain. It utilizes the Wormhole protocol to facilitate token transfers between blockchains and conducts auctions on Solana to secure the best swap rates for users. The platform also offers a seamless user experience by eliminating the need for gas on the destination chain, and it plans to expand its services with new products like a stablecoin protocol and yield farming options.
Users of Mayan Finance benefit from seamless cross-chain token swaps across multiple networks, without the need for complex bridging processes. The platform's auction mechanism ensures users receive the best possible swap rates, potentially saving them money on their transactions. Additionally, Mayan Finance's 'Gas on Destination' feature eliminates the need for users to hold native tokens on the destination chain for gas fees, making the entire process more user-friendly and cost-effective.
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