UniSat: The majority of the development work for L1 Swap has been completed, and the expansion plan Fractal Swap is scheduled to launch in September with an incentive mechanism

ChainCatcher message, UniSat has released important updates regarding the Swap product on its official website. The announcement states that after extensive testing over the past year and a half, the team has preliminarily verified that the product can operate normally on the Bitcoin mainnet. Most of the engineering work for the Swap module has been completed, and the remaining work mainly involves assisting indexers, other than the UniSat Indexer, to effectively identify and calculate inscriptions related to the swap module.

In addition to advancing the standardization of swaps, the team has also made progress in systematically scaling Bitcoin through a method called Fractal Bitcoin. Given the current progress, the team is very confident in delivering Fractal Bitcoin in September. On Fractal Bitcoin, the official will provide a swap product called Fractal Swap, which has the same functionality as the mainnet swap module, ensuring that projects on Fractal Bitcoin have good liquidity from the start. In subsequent iterations, BTC and other mainnet assets can also exist as brc-20 wrapped assets on Fractal Bitcoin, providing greater flexibility.

Finally, the official stated that more details about this incentive model will be released in the near future.