RelayChain

Seoul based Digital Asset Fund, Blockwater Management , has completed a large scale $3M investment in the cross-chain bridge known as RelayChain. The OTC investment was completed on the week of 11/22/2021. The capital injection will allow the RelayChain team to scale their efforts in their mission to become the leaders in blockchain interoperability. Blockwater will also play a major role in advisory and networking. Blockwater is known for being ahead of the curve in digital asset investing. They were seed investors in Fantom, Playdapp and BiFrost. One of the major pillars for their blockchain venture investment portfolio is Interoperability. Cross-chain bridges will be the key infrastructure pieces to enable blockchain interoperability. In his search for a promising new bridge, Blockwater CSO, Isaac Lee, discovered RelayChain. Lee was impressed with their number of bridge deployments, early revenue generation, profitability, and the tokenomics model. In just a few months of operatio...

Liquidity pools for RelayChain — Dec. 3rd. 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: 20% TVL: $600k Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Moonriver: Emission: MOVR APR: 21% TVL: $454k Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Polygon: Emission: MATIC APR: 20% TVL: $592k Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Cronos: Emission: CRO APR: coming soon TVL: coming soon Where to stake: https://app.relaychain.com/#/single-sided-staking Network: Avalanche Pair: AVAX — RELAY Emission: JOE APR: 124% TVL: $428k Where to add liquidity: https://www.traderjoexyz.com/...

In this example we will show you how to bridge MAI stable coin from the polygon network to the Cronos network. We will first need to get ourselves some MAI token on the Quickswap echange From the relaychain app, simply click the swap button to automatically be redirected to Quickswap website make sure your wallet is connected. Select MAI token and input the amount you want to bridge to Cronos and do the swap. Now that you have some MAI token, you can use the ”bridge” link on directly on quickswap exchange. Or go back to the app on RelayChain to do the transfer. Select Cronos in the destination chain Select MAI token Select the amount you want to bridge and click transfer. This will be a 2 step process, first you will need to approve the transaction and than start the actual transfer. Voila your transfer is now completed.  You can now verify directly on the Cronos chain to see that your funds are well arrived. But first you will need to add the Cronos RPC to your Metamask. Select Cr...

The RelayChain team is excited to announce an exclusive collaboration with Dexpools, they will be utilizing RelayChain for all cross chain bridge transfers. The Dexpools platform and DXP token will exist on multiple networks and RelayChain will be integrated to facilitate token mobility. Dexpools is a decentralized, peer-to-peer, OTC, trading platform. Individual buyers and sellers are able to create trade offers bound to specific wallets and execute a trade via smart contracts. There is no need for an escrow custodian or trusted third party in the process. Both buyers and sellers can set up swaps with literally zero slippage or price impact on low liquidity markets. The only cost to use the platform is a low transaction fee for both trading parties. This is a welcome change compared to the high slippage (sometimes double digit percentages) often seen on AMMs with low liquidity pairs. Traders will be able to access a seamless experience in an open marketplace with literally thousands...

Liquidity Pool on ApeSwap on the Binance Smart Chain The RelayChain team is excited to announce that ApeSwap will be hosting an incentivised liquidity pool for the RELAY token. The initial pair will be RELAY/BUSD which will be rewarded in BANANA. There will also be a stake BANANA earn RELAY pool. ApeSwap is a leading decentralized exchange (DEX) on Binance Smart Chain and Polygon focused on offering a premier trading experience. They have amassed an impressive TVL of $340,000,000 and a daily trading volume north of $50,000,000. Users are incentivized to pool liquidity on ApeSwap through yield farming to earn the native currency, $BANANA. Additionally, apes can use their earned $BANANA to stake and earn other tokens and unlock exclusive features. Built by DeFi apes, for DeFi apes, they have a dedicated team with years of experience who are committed to the DeFi community and growing the ApeSwap Jungle. RelayChain enables fast, secure and low cost cross-chain token tr...

Liquidity pools for RelayChain — Nov. 19th. 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: 20% TVL: $600k Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Moonriver: Emission: MOVR APR: 21% TVL: $454k Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Polygon: Emission: MATIC APR: 20% TVL: $592k Where to stake: https://app.relaychain.com/#/single-sided-staking Network: Avalanche Pair: AVAX — RELAY Emission: JOE APR: 135% TVL: $450k Where to add liquidity: https://www.traderjoexyz.com/#/home Where to stake: https://www.traderjoexyz.com/#/home Pair: MAI (*) — AVAX Emission: JOE APR: 87% TVL: $693k Where to add liquidity: https://www....

The teams of Crystl.finance and RelayChain are enthusiastically announcing their partnership in bridging promising new and existing DeFi protocols to the Cronos Network . RelayChain will be the primary bridging service for Crystl partner projects. This partnership is a part of a larger three-way cooperative with Crodex, the emerging leader for decentralized exchanges on Cronos. The Crystl, Crodex and Relay collaboration will take DeFi interoperability to the next level. Crystl.Finance is a platform that provides users the means to explore DeFi and earn a passive income with high interest rate Pools (yield farms) and auto-compounding Vaults (yield optimizers). Easily stake CRYSTL, the share token of Crystl Finance, on their dividend Pools to earn from a huge variety of tokens without risking your principal CRYSTL investment. Users may take this a step further and earn exponential interest with Crystl Vaults which auto-compound earnings while benefiting CRYSTL price through automat...

The Why It’s finally here!!! The community spoke, and the Relay team listened. Please check this announcement for why we decided to add an extra utility to the RELAY token: Target is to reward $RELAY holders not wanting to enter liquidity pools, and without compromising our pledge to avoid RELAY emissions. Sharing a LARGE portion of bridge revenues in valuable gas tokens with loyal RELAY holders is a GAME CHANGER!!! TD;LR: Single sided staking of RELAY will reward stakers in gas tokens (like AVAX, MOVR, etc) without risk of impermanent loss. The funding Our revenue architecture has now evolved to: Until single sided staking, the collected bridge fees were essentially allocated to feed the Relay liquidity pools hosted at our various partners, and to buybacks and burn. Since the launch on August 2nd, our bridge transaction volume trend has only been going one way: Up, month after month (more partners, more chains, more tokens to bridge, more bridge users). We recently ad...

Liquidity pools for RelayChain — Nov. 11th. 2021 Updated Listed 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. Network: Avalanche Pair: AVAX — RELAY Emission: JOE APR: 79% TVL: $554k Where to add liquidity: https://www.traderjoexyz.com/#/home Where to stake: https://www.traderjoexyz.com/#/home Pair: MAI (*) — AVAX Emission: JOE APR: 87% TVL: $500k Where to add liquidity: https://www.traderjoexyz.com/#/home Where to stake: https://www.traderjoexyz.com/#/home Pair: AVAX — MOVR (*) Emission: CNR APR: 160% TVL: 160 AVAX Where to add liquidity: https://app.canary.exchange/#/ pool Where to stake: https://app.canary.exchange/#/earn Network: BSC Pair: BUSD — RELAY Emission: BANANA APR: Coming soon TVL: Coming soon Where to add liquidity: https://app.apeswap.finance/vaults Where...

Crodex is now live for trading on Cronos! This impressive decentralized exchange will utilize RelayChain as a bridging partner for Multiple assets. As of Tuesday, 11/9, users can begin bridging FREE, RELAY, KAFE, MAI, MIM, AVAX and MATIC to Cronos. Additionally, Crodex had partnered with FreeRiver on Moonriver and users can bridge CRX (Crodex Token) and wCRO to Moonriver for trade on FreeRiver. Cronos launched their mainnet on 11/8/2021 and Crodex was the first Dex to go live for trading on the network. CRODEX Exchange is working to be the best trading platform for all upcoming projects being developed to take advantage of Cronos’ blazing fast speed. Their extensive roadmap is a testament to their commitment to give both Cronos traders and developers a state-of-the-art Decentralized Exchange; with exclusive trading tools, liquidity rewards, a gamified NFT marketplace and standards-compliant and well-documented Routers and Factories, low fees, and more. The public sale for their token...

The highly anticipated mainnet launch of Crypto.com’s Cronos Chain begins Monday, November 8th. RelayChain will enable its bridge to connect 10 other popular blockchains to the new network following the launch. There are multiple partners already lined up to use RelayChain as their bridge to Cronos. Cronos is the EVM chain running in parallel to the Crypto.org Chain. It aims to massively scale the DeFi ecosystem, by providing developers with the ability to instantly port DApps from Ethereum and EVM-compatible chains, with funding from Particle B’s $100m EVM fund and access to the 10M+ user base of the Crypto.com ecosystem. The native token base currency will be CRO, which sits at a current market cap ranking of #26 at over $9 Billion. Aside from RelayChain, Cronos users will be able to import funds directly from the Crypto.com app, Crypto.com exchange, and from their own bridge from the crypto.org chain. RelayChain enables fast, secure and low cost cross-chain token transfers be...

Avalanche Stable coins liquidity added on 1Swap (Moonriver). The Moonriver community now has another method to move their stablecoins to and from the ecosystem. RelayChain has enabled bridging of USDC.e, USDT.e, and DAI.e between Moonriver, Avalanche and Shiden. The initial liquidity for these stable coins will be available on 1Swap.fi. Launched in September, 1Swap is the first stablecoin-DEX project on Moonriver Network. The 1Swap AMM offers low slippage and just 0.04% swap fees which results in the best swap rates. With all main and popular stablecoins listed already, 1Swap is the premier place for MOVRines to swap their stable assets! 1Swap is also excited to announce the beginning of their audit process with Obelisk. https://medium.com/media/82333ba289fc3ca3dbbc25d67830ea8b/href RelayChain enables fast, secure and low cost cross-chain token transfers between the world’s leading blockchains. The platform offers Bridging as a Service (BaaS) to partner networks and dApps wis...