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Home » Blog » Mayan Airdrop Review: Now Make Swaps on The platform.
Airdrops

Mayan Airdrop Review: Now Make Swaps on The platform.

Cws Team
Last updated: 17/06/2023 11:23 AM
Cws Team
3 years ago
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Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
Mayan Airdrop Review: Now Make Swaps on The platform.
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About Mayan Airdrop

Mayan Airdrop is a cross-chain swap auction protocol with the goal of offering the best possible swap rates on Solana for any trade. Mayan Swap is the implementation of Mayan protocol through set of trustless and permission less smart contracts. They doesn’t have an own token yet but could launch one in the future. Early users who’ve made swaps on the platform may get an airdrop if they launch an own token.

Contents
  • About Mayan Airdrop
    • How To Join Mayan Airdrop
  • Swap Bridge
    • Relayers
    • Quote API
    • Cross-chain
  • Fees
    • Bridge Fee
    • Relayer Fees
    • Mayan Explorer
    • Swap Payload
BasicDetails
Token NameMayan Airdrop
PlatformSolana
Total ValueN/A
Support24/7
KYCKYC Is Not requirement
WhitepaperClick Here To View
Max. ParticipantsUnlimited
Collect AirdropClick Here To Collect Free Airdrop

How To Join Mayan Airdrop

  1. Visit the Mayan website.
  2. Connect your Solana, Ethereum, Avalanche or BSC wallet.
  3. Now make swaps on the platform.
  4. Also try to do Mayan Guild tasks.
  5. Early users who’ve made swaps on the platform may get an airdrop if they launch an own token.
  6. Please note that there is no guarantee that they will do an airdrop and that they will launch their own token. It’s only speculation.

Swap Bridge

Swap Bridge is a permissionless open-source bridge on top of Wormhole primitives that developed by Mayan team to facilitate cross-chain one-click token swaps. Token Bridge is a well-known bridge on Wormhole that makes transfere of tokens between two chains possible.

They used generic message passing of Wormhole to create a new bridge with a different structure that contains swap information and a reference to the first message so upon delivery of these messages in the Solana by the relayers they have all necessary data to perform the swap and bridge tokens to the destination chain.

Relayers

Relayers are like postmen in the real world. They are watching EVM-based chains, and when they see a Mayan Swap transaction, they fetch VAAs of the transaction from Wormhole guardians and then commit those signed VAAs on the Solana network. This requires spending Sol tokens. So relayer should be incentivized to perform on behalf of users; that’s why users have to pay relayer fees.

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Quote API

Before performing a swap they need find the best route and get the swap rate for the token pair using quote API.

Cross-chain

Mayan is a cross-chain swap auction protocol with the goal of offering the best possible swap rates on Solana for any trade.

Mayan Swap is the implementation of Mayan protocol through set of trustless and permission less smart contracts. A minimal package for sending cross-chain swap transactions

Fees

Each cross-chain swap consist of two different type of fees: bridge fee and relayer fees

Bridge Fee

Wormhole bridge fee is zero at the time.

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Relayer Fees

Relayer fee is the fee that the user pays to relayers so they swap tokens on Solana and Transfer back the output tokens. You can turn off the auto relayer fee by clicking on the gear icon in the swap UI and setting the fee to zero.

To make a cross-chain swap have we have to commit 3 transactions: The first transaction is the instruction to send tokens along with the necessary info for the swap this transaction will be initiated by user from the wallet and therefore user pays the transaction fee with the chain native token. The second transaction is the swap transaction on the Solana and it will be done by relayers and the third transaction redeems the output token on user’s wallet.

Mayan Explorer

They have designed an exclusive explorer for cross-chain swaps so users can see and track progress of their swap.

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Swap Payload

Following is the struct for swapping tokens from EVM-based chains being used by Swap Bridge as the payload of VAA.

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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
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