**FOR IMMEDIATE RELEASE**
**Hanoi, Vietnam, July 2nd, 2024** – Chainwire
SubWallet, a leading non-custodial wallet solution, has recently introduced significant enhancements to its platform, marking a pivotal moment for the Polkadot ecosystem. Over the past two weeks of June, SubWallet unveiled support for both the Polkadot <> Kusama bridge and the Polkadot <> Ethereum bridge through its browser extension. These additions were swiftly followed by the integration of the Asset Conversion pallet on its web dashboard, enabling seamless swapping among DOT, USDT, and USDC on the Polkadot Asset Hub network.
These updates are instrumental in expanding the utility of the Polkadot ecosystem, underscoring SubWallet’s commitment to enhancing user experience with an intuitive UI. As the first platform to offer support for these bridges on such a streamlined interface, SubWallet continues to set the standard for accessibility and functionality within the blockchain space.
**Polkadot Expands Ecosystem Use Cases**
The second quarter of 2024 has seen the realization of long-awaited developments within the Polkadot ecosystem. Of particular note are the Polkadot <> Kusama bridge and the Polkadot <> Ethereum bridge, both pivotal initiatives that have been in development for several years. Unlike many existing bridges, which often involve centralized elements, Polkadot’s bridges operate entirely trustlessly, significantly mitigating associated risks. Presently, users can securely bridge DOT and KSM between the Polkadot Asset Hub and Kusama Asset Hub, as well as exchange various tokens including WETH and WBTC between the Polkadot Asset Hub and Ethereum.
Another highlight of Q2 2024 is the launch of the Asset Conversion pallet on the Polkadot Asset Hub. This feature facilitates seamless asset swapping within the network, marking a crucial step towards establishing the hub as a liquidity focal point for the entire ecosystem.
**SubWallet Enhances Polkadot UX**
While these advancements represent significant strides for the Polkadot ecosystem, their accessibility hinges upon intuitive interfaces and user-friendly experiences. SubWallet addresses this need with a robust history of innovation spanning 2.5 years and encompassing a user-friendly wallet available across three platforms: browser extension, mobile app, and web dashboard. As of June 2024, SubWallet boasts over 1.6 million installations and supports over 800,000 active users and devices. This platform distinction positions SubWallet as the first to integrate both the new bridges and the Asset Hub swap, ensuring that users can seamlessly navigate and leverage these features.
Hieu Dao, Co-founder & CEO of SubWallet, emphasized the platform’s proactive role in supporting ecosystem updates: “As a proactive agent within the Polkadot community, we are dedicated to swiftly integrating new features. Our goal is to enhance the user experience and dispel any notion of complexity traditionally associated with blockchain technology.”
**Streamlined Functionality**
SubWallet’s integration of the bridges and Asset Hub swap is seamlessly incorporated into its platform. Through the Transfer function, users can initiate cross-chain transfers directly, while the Swap tab facilitates easy token swaps within the Asset Hub network. This integrated approach simplifies processes such as liquid staking with DOT from the Polkadot relay chain, empowering users to explore new functionalities without the need for third-party applications or unfamiliar workflows.
The community response to these enhancements has been overwhelmingly positive, with endorsements from influential figures and key opinion leaders amplifying awareness across various platforms.
**Continued Commitment to Ecosystem Expansion**
Looking ahead, SubWallet remains steadfast in its commitment to expanding the Polkadot ecosystem. By prioritizing rapid integration of new features, SubWallet aims to provide users with a seamless UX that encourages exploration and adoption of emerging blockchain capabilities.
For the latest updates on SubWallet’s advancements and to stay informed, follow their updates on social media platforms.
**About SubWallet**
SubWallet stands as the premier non-custodial wallet solution for the Polkadot, Substrate, and Ethereum ecosystems, supporting over 1.6 million installations and 800,000 active users and devices. With a mission to facilitate user engagement with Web3 technologies, SubWallet offers a gateway to a seamless multiverse of blockchain services, ensuring utmost security and ease of use across its Browser Extension, Mobile App, and Web Dashboard platforms. SubWallet is backed by the Polkadot Treasury, Moonbeam Foundation, and Polkadot Alpha Program.
**Contact**
CGO Kate Ha
SubWallet
[email protected]
This press release serves as informational content. Readers are encouraged to conduct their own due diligence prior to engaging with the promoted company or its services.
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