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Showing posts from December, 2021

Liquidity pools for RelayChain — Dec. 31st . 2021. HAPPY NEW YEAR !!!

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Liquidity pools for RelayChain — Dec. 31st . 2021. HAPPY NEW YEAR !!! Updated Relaychain related liquidity pools There are many liquidity pools for RELAY on different networks: Paired with RELAY, or paired with a wrapped version of tokens (marked by (*)) transferred by the Relay Chain bridge. Single Side Staking: Stake Relay on Avalanche: Emission: AVAX APR: 15% Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Moonriver: Emission: MOVR APR: 19% Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Polygon: Emission: MATIC APR: 15% Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Cronos: Emission: CRO APR: 26% Where to stake: https://app.relaychain.com/#/single-sided-staking Network: Avalanche Pair: AVAX — RELAY Emission: JOE APR: 98% TVL: $406k Where to add liquidity: https://www.traderjoexyz.com/#/home Where to stake: https://www.traderjoexyz.com/#/home Pai

How to cross-chain “bridge” tokens on Quickswap from Polygon to Avalanche.

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How to cross-chain “bridge” tokens on Quickswap from Polygon to Avalanche. In this video we will explain: How to use the RelayChain bridge inside the Quickswap interface. In this example we will use the link on the Quickswap exchange to access the Relay bridge and transfer / cross-chain some Matic tokens from polygon network to the Avalanche network. First you will need to go to https://quickswap.exchange/ to wrap the matic token you want to transfer Select the amount of Matic token you want to wrap. Select wrap Matic in the drop down menu below and do the wrap. Now that you have your wrapped Matic, click bridge on top of the screen and select Relay. This will bring you to https://app.relaychain.com On there, select Matic token from the drop down menu select the amount you want to bridge Select the destination chain Click transfer. This will be a 2 step process. First click to approve the transfer then click to start the transfer Voila Your transfer is done you can go check on your me

It is now possible to bridge USDC and ETH between four networks using RelayChain! — About Relay

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It is now possible to bridge USDC and ETH between four networks using RelayChain! — About Relay The RelayChain team is excited to announce that bridging USDC and ETH is now possible on the platform. The initial bridge connections will be between four of the most popular blockchains; Ethereum, Avalanche, Binance Smart Chain and Polygon. Users will be able to easily send their USDC and ETH tokens between any combination of these networks. The assets received will be the “native” versions on each of these chains. Since the full launch of RelayChain in September 2021, the platform has excelled in bridging popular gas tokens from their native networks to other popular blockchains. They have also successfully bridged many tokens from new projects. Until now, the critical feature that had been missing was the ability to bridge USDC and ETH to other networks in an “unwrapped” form. The tokens that users bridge will be the most popular versions hosted in liquidity pools by the decentralized

Everest Implements Ethereum <> Binance Smart Chain (BSC) Cross-Chain Bridge via RelayChain.

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Bridge Partnership Everest Ethereum ≤> BSC The Everest team and community collaborators are pleased to announce the arrival of an Ethereum <> Binance Smart Chain (BSC) bridge, delivering long-anticipated cross-chain interoperability for ID tokens — now available on both the Ethereum and BSC blockchains. In this article, we will explore the functionality that cross-chain bridges deliver, how you can get started using the cross-chain bridge infrastructure, and what this means for the ID token. We will also discover what benefits the Ethereum <> BSC cross-chain bridge will bring to the ecosystem participants and token holders. In the future, we plan to implement multiple bridges (i.e. Polygon too). What functionality does the BSC <> Everest bridge deliver? Most blockchain protocols exist in walled-gardens, where separate chains cannot communicate with each other, and tokens cannot be easily sent chain-to-chain without complex infrastructure. With the rise of dec

How to bridge Matic from Polygon to Moonriver.

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In this example, we will send Matic, from the Polygon network, to the Moonriver network. First, you will need to wrap your Matic token on QuickSwap. Select the amount of Matic you want to wrap, select Matic, and select wrapped Matic "wMATIC" , and do the wrap, once wrapped, go to https://app.relaychain.com to do the transfer. Select the amount you want to bridge. Select the destination chain Moonriver and Click transfer. This will be a 2 step process. First click to approve the transfer, and click to start the transfer. Voila Your transfer is done. You can go check on Moonswap, to see that your funds have arrived. Simple, fast and secure Relay.   These complete steps are also in the tutorial Video below. Source: How to bridge Matic from Polygon to Moonriver. More about:  How to use the Polygon Bridge to cross-chain?

Liquidity pools for RelayChain — Dec. 17th . 2021

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Liquidity pools for RelayChain — Dec. 17th . 2021 Updated List of Relaychain pools There are many liquidity pools for RELAY on different networks: Paired with RELAY, or paired with a wrapped version of tokens (marked by (*)) transferred by the Relay Chain bridge. Single Side Staking: Stake Relay on Avalanche: Emission: AVAX APR: 19% Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Moonriver: Emission: MOVR APR: 17% Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Polygon: Emission: MATIC APR: 27% Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Cronos: Emission: CRO APR: 23% Where to stake: https://app.relaychain.com/#/single-sided-staking Network: Avalanche Pair: AVAX — RELAY Emission: JOE APR: 118% TVL: $406k Where to add liquidity: https://www.traderjoexyz.com/#/home Where to stake: https://www.traderjoexyz.com/#/home Pair: AVAX — MOVR (*) Emission

The Relay Bridge, how does it work?

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 The Relay Bridge, how does it work? The RELAY bridge is based on the foundations set by the ChainSafe technology with the principles of lock/mint/burn/release and wrapped tokens mechanisms. Custom code has been added to improve areas like the bridge reliability and stability. Security and safety are guaranteed by three approaches: Thorough smart contracts/code audits, continuous “white-hat” hacker surveillance, and decentralization of the relayers during a cross chain operation. Bridging a token back and forth To accomplish cross-chain transfers, a user wallet sends tokens to the Relay bridge contract and receives them back on the destination chain in the same wallet address. When  a  token is bridged from the origin chain to the destination chain: Token is locked on the origin chain Token is minted on the destination chain: it becomes a wrapped token (AVAX on Polygon for example). Some tokens are native on multiple chains, like RELAY on all chains supported by the bridge. When a toke

Liquidity pools for RelayChain — Dec. 10th . 2021

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Liquidity pools for RelayChain — Dec. 10th . 2021 Updated List of Relaychain pools There are many liquidity pools for RELAY on different networks: Paired with RELAY, or paired with a wrapped version of tokens (marked by (*)) transferred by the Relay Chain bridge. Single Side Staking: Stake Relay on Avalanche: Emission: AVAX APR: 23% Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Moonriver: Emission: MOVR APR: 28% Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Polygon: Emission: MATIC APR: 27% Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Cronos: Emission: CRO APR: 49% Where to stake: https://app.relaychain.com/#/single-sided-staking Network: Avalanche Pair: AVAX — RELAY Emission: JOE APR: 118% TVL: $306k Where to add liquidity: https://www.traderjoexyz.com/#/home Where to stake: https://www.traderjoexyz.com/#/home Pair: AVAX — MOVR (*) Emission