HomeCoinsAvalanche (AVAX)AnySwap Integrates Avalanche for Its Cross-Chain Asset Bridge | by Avalanche |...

AnySwap Integrates Avalanche for Its Cross-Chain Asset Bridge | by Avalanche | Avalanche | Apr, 2021

- Advertisement -


Interoperability between Avalanche and other blockchain platforms is continually growing. Today, AnySwap launches its integration of Avalanche within its cross-chain bridge built with a secure multi-party computing network (SMPC Network). The AnySwap cross-chain bridge allows users to perform decentralized, secure transfers of assets across multiple blockchain platforms.

AnySwap prioritized Avalanche due to high demand from the Avalanche ecosystem for its bridge, as well as a straightforward integration due to Avalanche’s own implementation of the Ethereum Virtual Machine (EVM). Bao.Finance, Blocknet and Frax.finance are a small selection of the projects that expressed interest in expanding a highly-scalable, performant blockchain to AnySwap.

Initially, AnySwap will support the bilateral transfer of AVAX, ETH, and ANY. Avalanche-based projects interested in adding their own tokens to the bridge can apply here. Applications are reviewed rapidly and on an ongoing basis.

AnySwap Integrates Avalanche for Its Cross Chain Asset Bridge by

Reliable interoperability solutions are still in the earliest phases, but rapidly coming online. With many blockchain ecosystems on the rise, the natural next step is to eliminate the friction between them by providing seamless connectivity in the ecosystem.

Earlier in February 2021, the Avalanche-Ethereum Bridge (AEB) launched to provide simple transfers between Avalanche and Ethereum ecosystems. Since the launch of AEB, smart contract activity on Avalanche has boomed, with transactions having increased by 2,265% to over 1,228,000, and unique wallets increasing by 2,964% to top 65,500.

AnySwap broadens the possibilities for cross-chain transfers between Avalanche, and blockchains it supports like Fantom, BSC, Huobi, and Ethereum.

Avalanche users will be able to connect to AnySwap with MetaMask or Ledger Nano S with 0.1% fees applied to each transfer.

Avalanche’s ecosystem grows alongside solutions for interoperability. To date, there are over 500 ERC-20 tokens and over 50 projects deployed on Avalanche. You can learn more about the Avalanche ecosystem and who is building on the platform by viewing the following resources:



Source link

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,501FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 65,172.00
ethereum
Ethereum (ETH) $ 4,191.67
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 641.20
litecoin
Litecoin (LTC) $ 209.59
eos
EOS (EOS) $ 4.85
okb
OKB (OKB) $ 24.77
tezos
Tezos (XTZ) $ 6.96
leo-token
LEO Token (LEO) $ 3.07
cardano
Cardano (ADA) $ 2.25
monero
Monero (XMR) $ 265.41
stellar
Stellar (XLM) $ 0.394315
chainlink
Chainlink (LINK) $ 27.66
huobi-token
Huobi Token (HT) $ 9.10
tron
TRON (TRX) $ 0.104507
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 203.47
neo
NEO (NEO) $ 45.52
iota
IOTA (MIOTA) $ 1.29
nem
NEM (XEM) $ 0.178924
zcash
Zcash (ZEC) $ 150.61
maker
Maker (MKR) $ 2,613.64
paxos-standard
Pax Dollar (USDP) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 56.19
vechain
VeChain (VET) $ 0.124524
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 61.06
kucoin-shares
KuCoin Token (KCS) $ 14.59
waves
Waves (WAVES) $ 29.36