The First-Ever Polkadot & Kusama — Binance Smart Chain Bridge Is Live On The Testnet.

Published on: 04.07.2021

Equilibrium Launched Binance Smart Chain bridges that makes Binance Smart Chain compatible with Polkadot and Kusamanetwork.

The bridge will be integrated into Equilibrium and Genshiro Parachains.

This bridge will enable bi-directional asset transfers between BSC and Substrate-based networks, Polkadot and Kusama.

Equilibrium, the future Polkadot parachain, will be linked with BSC and support BEP-20 native assets in its liquidity pools right after the launch. This will facilitate asset transfers and overall interaction between DeFi ecosystems of both blockchain networks.

About Equilibrium

Equilibrium is a decentralized cross-chain money market protocol. Users can lend, bail out, borrow, and trade.

About Binance Smart Chain

Binance Smart Chain is a public permissionless smart contract blockchain that delivers EVM-compatible programmability. It runs in parallel with Binance Chain while retaining the fast execution times and low transaction fees, all while adding smart contract functionality to support compatible dApps.

About Polkadot

Polkadot is an open-source network protocol that allows arbitrary data, not just tokens, to be transferred across blockchains. It’s built to connect private and consortium chains, public and permissionless networks, oracles, and future technologies that are yet to be created.

About Kusama

Kusama is a network built as a risk-taking, fast-moving ‘canary in the coal mine’ for its cousin Polkadot.

➡️Source:
https://medium.com/equilibrium-eosdt/the-first-ever-polkadot-kusama-bsc-bridge-is-live-on-the-testnet-4ab2697f4982

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