Hop is Live
Send tokens across Ethereum scaling solutions
Hop is proud to announce that Hop is now live on Polygon, xDai, and the Ethereum Mainnet!
Supported Tokens
To ensure a smooth launch, will be rolling out the initial set of assets out one-by-one starting with USDC.
Once the USDC bridge is running smoothly, will be expanding the set of supported tokens as fast as we can. This is what you can expect in the near term:
- USDC
- DAI (coming soon)
- USDT (coming soon)
- ETH (coming soon)
- WBTC (coming soon)
- MATIC (coming soon)
- And more (Have a suggestion? Let us know in Discord)
Supported Networks
Hop will initially support evm-compatible scaling solutions and may support other types of scaling solutions such as zk-rollups in the future. Here’s our shortlist:
Provide Liquidity
On each scaling solution there is a StableSwap AMM to create a market between the token being bridged (e.g., USDC) and its corresponding bridge token called an “hToken” (e.g., hUSDC). Liquidity providers will earn a trading fees (0.04% of all swaps) as users transfer funds using Hop.
Learn more about adding liquidity on Hop.
Hop also set up a liquidity mining program for the USDC market on Polygon with over $180,000 of $MATIC being distributed over an 8 week period. You can stake your Polygon USDC LP token to earn rewards.
Hop is a scalable rollup-to-rollup general token bridge. It allows users to send tokens from one rollup to another almost immediately without having to wait for the rollup’s challenge period.
SOURCE: https://medium.com/hop-protocol/hop-is-live-2dbd4721b1bc
