Injective ecological AMM DEX DojoSwap has announced a partnership with Injective, aiming to launch the CW404 standard, an enhancement over the original ERC404 standard. This new standard, already launched on Injective and Cosmos, is designed to improve the standard's applicability.
DojoSwap has committed to open sourcing all work on the CW404 standard to encourage more developers to build on Injective. The CW404 standard, utilizing the upgraded Gas Compression feature of Volan's main network, boasts transaction costs that are 1,000 times cheaper than those of ERC404.
The new CW404 standard grants tokens a fluid identity, allowing them to be convertible into CW20 and CW721 tokens. This signifies a significant development in digital token interoperability, potentially attracting more developers and investors to the platform.
