Posts

Showing posts with the label Polygon;Avalanche;cross-chain;multi chain;bridging

Zero Reborn Pt. 2

Image
  We will not make the same mistakes we made with ZERO with RELAY. It starts with a world's first “gas token index” The gas token index is actually quite a simple concept, but one that we think will be incredibly powerful — and it boils down to five simple points:         The bridge generates fees Those fees reward RELAY liquidity providers Those fees go to yield farms to generate positive protocol revenue Those fees go to token buybacks and burns, thus making the RELAY token deflationary High-emission liquidity rewards are a notion of the past — replacing the unsustainable inflationary concept with one that rewards in HT, AVAX, MATIC, ETH, and BNB and is constantly being generated through bridge volume The Opportunity The various bridges in the DeFi universe all have different levels of TVLs and traffic — only RELAY will have ONE bridge that connects them all.   To date, the Zero Bridgehas handled approximately 10,000 crosses and has performed nearly $10...

Zero Reborn Pt. 1

Image
When $ZERO began its journey of creating a next-generation  Decentralized Exchange , we wanted to create a faster, cheaper, and more feature-rich trading experience than what currently existed. Throughout this journey we learned three major lessons: Initial farming emissions were too high creating unwanted sell pressure Wrapped tokens created walled gardens in each ecosystem Lacking of parent chain support creates TVL disparities And achieved the following milestones: First DEX on Avalanche Bridges built to BSC, Matic, Avalanche, and Moonbeam About $70M TVL at peak About $1B in traded volume Multiple IDOs and IFOs We  pioneered cross-chain  and created many  patterns and practices that are now commonplace today. So… where to next? The answer for us is simple.  Focus on what we do best — bridging. The Zero Bridge connects themost ecosystems with the speed, reliability, and cost that you've come to expect and the Zero Bridge will continue to grow and connect mor...

Relay DeFi Academy: How to bridge tokens from Polygon to Avalanche.

Image
In this video we explain how to bridge "cross chain" tokens from the Polygon chain "network" to the Avalanche chain "network" with the Relay multi chain bridge. The whole procedure can also be found here: docs.relaychain.com/xxxxxxx bridge url: https://app.relaychain.com/#/transfer Trader joe's swap url: https://www.traderjoexyz.com/#/trade First I will show the assets on the Polygon network. Switch to Polygon. Open swap. Now we select the wrapped Avax token. Then we select the amount to transfer. Next we click on the destination chain, which is Avalanche and press transfer. Once this windows shows up we approve the transfer. Metamask will show up and we click confirm. Then start transfer. Now we switch networks from Polygon to Avalanche and confirm in Metamask. We press the swap tab and it will take us to Trader Joe's website. Now we connect Metamask wallet . Now that we receive the bridge transfer we will swap wAVAX to AVAX. ...