Nervos blockchain launches first cross-chain bridge to Binance Smart Chain

2022-1-14 01:00

Nervos, a collection of protocols and public blockchain network, today announced the launch of a new cross-chain bridge with Binance Smart Chain (BSC), growing its multi-chain strategy as the network seeks to expand its ecosystem.

Starting today, BSC assets can be moved across to the Nervos ecosystem, and developers and projects building on BSC will be able to use their existing codebases to begin porting their decentralized applications (dApps) to Nervos, enabling them to grow their user reach and adoption.

Further, users in the BSC ecosystem will also be able to take advantage of yield farming opportunities available through YokaiSwap, the first decentralized exchange (DEX) to launch on Nervos.

Expanding the Nervos Ecosystem With Force Bridge

The completion of the Nervos to BSC bridge marks a milestone, as it unlocks new options given BSC’s Total Value Locked (TVL), which is the biggest of any blockchain outside of Ethereum.

Developers and teams building on BSC can port their dApps to Nervos and gain access to projects, tools, and resources available in a burgeoning network focused on DeFi development.

Additionally, dApps on Nervos such as YokaiSwap, a next-generation interoperable AMM decentralized exchange (DEX) built on Nervos, will gain access to liquidity through the BSC ecosystem.

The bridge is made possible through Force Bridge, a trustless cross-chain bridge that allows for seamless transactions between the Nervos ecosystem and other public chains, and Godwoken, the first EVM-compatible layer-2 blockchain on the network.

“Bridges are among the most fundamental building blocks of blockchain apps. By enabling cross-chain interoperability with BSC, we’re unlocking an immense amount of value that can now be transacted in the Nervos ecosystem.”
– Chris Khan, Senior Product Manager at Nervos

Nervos’ layer-1 blockchain enables support for future layers and makes it easier to build EVM-compatible cross-chains bridges, such as the Nervos to BSC bridge, from the Nervos Network to other chains.

Seamless Token Transfers

This new bridge will enable the seamless transfer of tokens across the Nervos and BSC networks.

At launch, Binance Coin (BNB) and Binance USD (BUSD), the native token and stablecoin of the Binance ecosystem respectively, will be supported for asset transfers and cross-chain swaps, with support for more BEP-20 tokens to come in the future.

Yield Farming on YokaiSwap

As part of their expanded access to dApps in the Nervos ecosystem, BSC users will also be able to receive over 500% annual percentage rate (APR) incentives on YokaiSwap (the first DEX on the Nervos Network) through yield farming.

As an Automated Market Maker (AMM), YokaiSwap enables users to easily and efficiently swap $CKB and any whitelisted token on the Ethereum network, as well as BNB and BUSD.

Starting on Saturday, January 15th, 2022, BNB/CKB and BNB/YOK trading pairs will be listed on YokaiSwap and available for yield farming opportunities.

The post Nervos blockchain launches first cross-chain bridge to Binance Smart Chain appeared first on CryptoNinjas.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

IoT Chain (ITC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 3.34 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0772513 (-100%)

chain smart nervos binance network blockchain cross-chain

Источник: cryptoninjas.net

chain smart → Результатов: 126


Don’t Call It A Hack: Crypto Reacts To The Binance Smart Chain Exploit And Halt

Was the Binance Smart Chain hacked? In the following article, you’ll find Changpeng Zhao’s exact words about the incident. Everybody else’s opinions, though, are about the halting of the chain. Most people are unaware of what Bitcoinist told you a year ago: the Binance Smart Chain is centralized and advertised as such. It’s not a […]

2022-10-8 12:55


Проект на Binance Smart Chain заподозрили в скаме. Команда заявила о взломе

Команду протокола децентрализованного финансирования DeFi100 на базе Binance Smart Chain заподозрили в мошенничестве. Сами разработчики заявили о хакерской атаке и подчеркнули, что об экзит-скаме речи не идет.

2021-5-24 13:23


Asset backed token from WISE launching on Binance Smart Chain with BSCstarter

CryptoNinjas » Asset backed token from WISE launching on Binance Smart Chain with BSCstarter BSCstarter, a community-focused fundraising platform for Binance Smart Chain (BSC), has announced the launch of the WISB token through an exclusive partnership with WISE, an asset-backed cryptocurrency designed to be a secure store of value that can be staked to earn trustless interest.

2021-4-27 07:07


Браузер Brave добавит поддержку экосистемы Binance Smart Chain

Разработчики ориентированного на приватность браузера Brave планируют интегрировать криптовалютный кошелек с поддержкой Binance Smart Chain (BSC). The @attentiontoken is now also available on the Binance Smart Chain (BSC), enabling holders to participate in the emerging DeFi ecosystem.

2021-3-24 18:15


1Inch Decentralized Exchange to Transition to Binance Smart Chain as Ethereum Exodus Begins

1Inch, a decentralized exchange (DEX) built on the Ethereum blockchain, has become the highest-profile project to join Binance’s new Smart Chain. Yesterday, the exchange confirmed that it had moved to the Binance Smart Chain (BSC), marking what could be a broader move away from the leading blockchain network for decentralized finance (DeFi) protocols.

2021-2-27 19:23


Фото:

СМИ: четыре DeFi-проекта на Binance Smart Chain совершили экзит-скам на 54 000 BNB

Четыре DeFi-проекта в сети Binance Smart Chain (BSC) совершили экзит-скамы, присвоив средства пользователей. Об этом сообщил репортер Колин Ву со ссылкой на нескольких инвесторов. Investors told WuBlockchain that another popcornswap project on Binance Smart Chain ran away and took away 48,000 BNB.

2021-2-2 13:25


Фото:

Блокчейн Binance использовали для четырех экзит-скамов

Мошенники проложили дорогу в собственный блокчейн биржи криптовалют Binance. По сообщению журналиста Колина Ву, за четыре дня четыре проекта на блокчейне Binance Smart Chain, заявлявших о своей принадлежности к пространству децентрализованных финансов (DeFi), совершили экзит-скам, присвоив вложенные пользователями средства.

2021-2-1 12:16


IDEX Decentralized Exchange to Roll Out Multi-Chain Solution; Starting With Polkadot & Binance Smart Chain

IDEX, a popular decentralized exchange (DEX), plans to expand its infrastructure into two extra blockchains, adding its Ethereum (ETH) implementation. In an announcement shared with BEG, IDEX confirmed a multi-chain solution expansion program that will integrate the decentralized exchange’s infrastructure to Polkadot and Binance Smart Chain (BSC).

2020-11-26 00:06


Децентрализованная биржа IDEX добавит поддержку Binance Smart Chain и Polkadot

Разработчики некастодиальной биржи IDEX анонсировали добавление поддержки сетей Binance Smart Chain и Polkadot. В рамках инициативы Multiverse каждый держатель Ethereum-токенов IDEX получит такой же объем активов в новых блокчейнах.

2020-11-25 09:48


Фото:

IOST Partners with Agro-Tech Startup Blocery to Streamline Agriculture Supply Chain

High-performance smart contracts platform IOST (IOST) inks deal with Blocery. Powering Agriculture with Blockchain In an announcement made recently, ultra-fast, scalable blockchain project IOST announced that it had partnered with blockchain firm Blocery to revolutionize the distribution of agricultural products through distributed ledger technology (DLT).

2020-11-18 22:54


Blockchain interoperability layer Axelar raises $3.75 million

Axelar, a decentralized interoperability fabric that connects blockchain ecosystems, applications and users, has announced seed funding of $3.75 million with investments secured from, Binance X, the Binance Smart Chain Accelerator Fund, an arm of Binance – the popular cryptocurrency exchange company; and DCVC (Data Collective), the San Francisco-based venture capital firm, which last year set […] CryptoNinjas » Blockchain interoperability layer Axelar raises $3.75 million

2020-11-14 07:37


Фото:

Substrate-based Moonbeam Enables Ethereum Applications Deployment in Polkadot Ecosystem

Moonbeam, a Substrate-based smart contract chain wants to change the dynamics of blockchain interoperability. Enabling Ethereum Smart Contracts on Substrate In an announcement made today, Phil Lucsok, Product Communications Manager, Parity Technologies, unveiled a Substrate-based smart contact chain aiming to be a parachain on Polkadot – Moonbeam.

2020-11-12 20:21


Фото:

Binance вернет пользователям $345 000, выведенные мошенническим проектом Wine Swap

Биржа Binance вернет пользователям криптоактивы, которые пытались украсть организаторы мошеннического проекта DeFi Wine Swap, запущенного на Binance Smart Chain.

2020-11-5 19:48


Binance помогла пользователям, потерявшим средства на сумму $345 000

Команда безопасности Binance помогла вернуть практически все средства, похищенные у пользователей в результате недавнего экзит-скама создателей автоматизированного маркет-мейкера (AMM) Wine Swap.   Запуск платформы Wine Swap на Binance Smart Chain (BSC) состоялся 13 октября.

2020-11-4 16:27


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Nervos integrates with HedgeTrade to enable community trading predictions

Nervos, an open-source public blockchain project, today announced its integration with social trading platform HedgeTrade to enable community-driven predictions for the Nervos CKB token. The integration allows traders to share and access crowdsourced trading strategies on the HedgeTrade platform.