Exolix & Fedi - Bringing Lightning-Powered Swaps to Bitcoin Users

We are thrilled to announce our Mini App integration with Fedi, the privacy-first Bitcoin wallet that includes chat, community, and expandability.. This work is built on the back of one fundamental benefit: facilitating ultra-fast BTC swaps within the Fedi ecosystem.

By leveraging the infrastructure provided by Exolix, Fedi users can now partake in Lightning-enabled Bitcoin swaps. This is a giant leap not only for usability but also for the potential adoption of Bitcoin in real-life scenarios.

What Is Fedi?

Fedi is a Bitcoin wallet based on the principles of privacy, community custody and usability. This community custody is based on the Fedimint protocol.

At its core, Fedi is a Bitcoin wallet that is intended to make Bitcoin:

• easier to utilize for non-technical users

• more accessible for users in countries where financial infrastructure is limited

• more affordable for everyday use cases

• most of all, private

Some of the key features of Fedi include:

• Bitcoin and Lightning network support for fast and cheap transactions

• Fedimint-based community custody for usability

• apps and integrations inside the wallet

• privacy-focused and decentralized by design

Fedi is a Bitcoin-based platform that is focused on real-world adoption of Bitcoin, especially in communities that stand to gain from fast and reliable financial tools.

Overview of the Exolix Mini App

The integration of Exolix and Fedi is based on one of the most important upgrades in the infrastructure of Bitcoin - the Lightning Network, which is integrated into Exolix services.

Through the Fedi Mini App, Exolix offers:

• Lightning-based BTC swaps

• Instant transaction execution

• Lower fees compared to Bitcoin transactions

• Non-custodial exchange transactions

Exolix is one of the few swap providers that offer support for the Lightning Network in a non-custodial environment. This is one of the most important aspects that make this integration unique and ambitious.

With this integration, Fedi users can enjoy the benefits of:

• Instant routing via Lightning Network

• Conversion between BTC and other assets

• Efficient swaps between chains without the need to leave the wallet

This is especially important for active users who require efficient and quick transactions.

Key Benefits for Users

Lightning-Fast Bitcoin Swaps

The biggest benefit is the support for the BTC Lightning network, which means users can swap Bitcoin almost instantaneously instead of waiting for block confirmations and high fees during peak times.

Fully Non-Custodial Experience

All swaps facilitated by Exolix will continue to be non-custodial in nature, which implies:

• Users will have control over their own assets

• No deposits will be made to any central exchange

• Assets will be swapped directly between the two networks

This is a perfect fit for Fedi's focus on user ownership and decentralization.

Lower Fees and Better Efficiency

Using the Lightning Network, users can enjoy:

• Lower Transaction Fees

• Faster Transaction Settlement Times

• Better Efficiency

This makes it easier for users to use Bitcoin for frequent transactions.

Seamless In-App Experience

This allows users to have access to swap services within Fedi. Users do not have to look for other platforms to perform swaps. The swap services are available within the interface. The user experience is thus simple.

Access to Cross-Chain Liquidity

With Exolix as a backend technology, users can swap BTC into a wide range of different assets on various blockchain networks. This extends the functionality of the Fedi wallet.

Bitcoin Utility, Upgraded

Exolix and Fedi cooperation is a next step towards making Bitcoin faster, easier to use, and more accessible.

With this integration, users can enjoy the benefits of:

• Fedi's accessible and community-driven wallet

• Exolix's non-custodial swaps

• Lightning Network's speed and efficiency

For the first time, users can non-custodially swap Bitcoin using the Lightning Network within a wallet designed for the real world.

Try out the Fedi experience and see the evolution of Bitcoin, moving away from simple transfers towards becoming a powerful financial instrument.