TechFlow reports that DojoSwap, an AMM DEX in the Injective ecosystem, has partnered with Injective to launch the CW404 standard. DojoSwap states that CW404 complements the original ERC404 standard by enhancing its applicability and has already been launched on Injective and Cosmos.
The DojoSwap team will open-source all developments related to the CW404 standard to empower more developers building on Injective. Thanks to the Gas Compression feature introduced in the Volan mainnet upgrade, CW404 transactions are 1,000 times cheaper than ERC404 transactions.
The CW404 standard enables tokens to have fluid identities, allowing conversion between CW20 and CW721 tokens.
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