PLYR Gaming L1 to be First Avalanche L1 to Integrate Tesseract
Tesseract and PLYR today announce their technical integration, which will mark PLYR as the first Avalanche L1 to implement Tesseract's cross-L1 liquidity protocol. This integration will provide PLYR users with seamless access to Avalanche ecosystem liquidity while making PLYR's native liquidity accessible to users across the Avalanche network.
Integration Details
PLYR is launching PLYR[SWAP], a decentralized exchange (DEX) on their gaming-focused L1. Through Tesseract's integration, PLYR[SWAP]'s liquidity pools will be accessible to users on the Avalanche C-Chain, enhancing liquidity availability across the ecosystem.
Technical Implementation
The integration enables efficient cross-L1 transactions between PLYR and the broader Avalanche ecosystem. For example, when a user needs to acquire PLYR tokens for the PLYR gaming economy, they can execute a direct swap with AVAX from the Avalanche C-Chain. Tesseract automatically:
- Bridges AVAX to the PLYR L1
- Swaps AVAX for PLYR tokens
- User receives PLYR and is ready to game
From a user perspective this entire process completes in under 10 seconds with one click, providing users with a streamlined experience that eliminates the need for manual bridging or multiple transactions.
User Benefits
For PLYR users, this integration offers:
- Direct access to Avalanche ecosystem liquidity
- Simplified token acquisition process
- Reduced friction in entering the PLYR gaming economy
For Avalanche C-Chain users, the integration provides:
- Access to PLYR[SWAP] liquidity pools
- Streamlined entry into the PLYR ecosystem
- Simplified trading of PLYR tokens
About PLYR
PLYR is an Avalanche L1 focused on gaming applications, providing infrastructure for web3 gaming experiences. The launch of PLYR[SWAP] represents a significant step in building out their gaming economy infrastructure.
Next Steps
The integration will go live with (or shortly after) Tesseract's launch later this month. For technical details about the integration or to learn more about implementing Tesseract on your Avalanche L1, please refer to the Tesseract Docs, or reach out to the team on Discord.