TaikoSwap
Cross Chain Swap between Ethereum and Taiko by using cross-chain messaging.
Project Description
The project aims to enable cross-chain swaps between Ethereum and Taiko using Taiko's cross-chain messaging. When a user wants to swap L1 USDC for L2 USDT, the USDC is first sent to TaikoSwap on L1, and then TaikoSwap sends that information to SignalService. If the signal is confirmed on TaikoSwap on L2, TaikoSwap sends USDT to the user
How it's Made
I am currently working on it and have not yet built it. I am checking whether it can be designed and technically implemented. I am currently redesigning the format of messages handled in the existing SignalService to a format suitable for cross-chain swaps and working on the overall design.
