The first DEX has arrived that will bridge Fractal and the main Bitcoin network
They will launch a bridge between Fractal and Bitcoin called SimpleBridge, in October.
Each swap has a commission of 0.3%.
The Fractal Bitcoin team revealed an integration with Pizzaswap, the first decentralized exchange (DEX) that runs simultaneously on both Bitcoin and Fractal. Pizzaswap, which previously ran on the Bitcoin main and testnets, is now available in phase experimental for Fractal from the UniSat website.
According to the Fractal Bitcoin team, “PizzaSwap is the first DEX to be built simultaneously on Bitcoin and Fractal, with the goal of supporting all asset types on these networks.”
In addition to exchanges of BRC-20 tokens on Fractal and tokens moved from Bitcoin to the sidechain via a bridge, Pizzaswap will allow swaps with Bridged Bitcoin (bBTC), a token created to represent BTC on the Fractal side of the chain.
According to the release On social network X, new tokens will be added in the future. The BRC-20 (which arrived last week on Fractal) that can be exchanged are the following: bSATS, sSATS, MoonCats, GLIZZY, people, sBTC, bBTC, sORDI, bORDI. Additionally, Pizzaswap allows you to provide liquidity to pools in exchange for rewards.
Pizzaswap works as an automated market maker (AMM), a system that uses algorithms to facilitate cryptocurrency pair exchanges from each cryptocurrency’s liquidity pools.
PizzaSwap supports native Segwit (P2WPKH) and Taproot (P2TR) addresses. At the time of writing, Pizzaswap is only accessible through the UniSat wallet.
Pizzaswap’s service fee, paid in bSATS, is 0.3%, with one-sixth of the revenue going to the platform and the rest going to liquidity providers. In addition to the aforementioned swap cost, users will have to face the costs of winding or rollup and sending to the main chain.
Among other additional functions, Pizzaswap allows you to observe the history of operations carried out on the DEX and control the maximum slippage before making an exchange.
What’s coming to Pizzaswap in Fractal
Other features will come to Pizzaswap going forward, such as SimpleBridge, a bridge for moving assets between the Bitcoin mainnet and the second layer. It will open on October 2.
Another is that Fractal Bitcoin (FB) token will be as BRC-20 (sFB), available for exchange on Pizzaswap.
No less important will be the arrival of runes to Fractal. Runes are the tokens of a protocol that minimizes data usage and therefore congestion on the Bitcoin network.
As reported by CriptoNoticias, the arrival of Pizzaswap to Fractal was anticipated since the beginning of September, when the genesis block of the second layer was reported.
The processing of the genesis block of Fractal was an important event as it replicated that of bitcoin, carrying Satoshi Nakamoto’s original message: “The chancellor on the verge of a second bailout for the banks.”
Bitcoin Fractal encapsulates Bitcoin Core software in a self-contained software package that is anchored to the mainnetwhose name is Bitcoin Core Software Package (BCSP). This sidechain thus uses the Bitcoin Core code and maintains the engineering of the main network. Hence, from the beginning, Fractal seals its similarity to the Bitcoin mainnet by echoing Satoshi’s message.