deBridge receives grant from Polygon

Published on: 17.09.2021

deBridge has received a grant from Polygon to facilitate the integration of Polygon and to bring cross-chain interoperability and liquidity transfer features to its ecosystem. 

Cross-chain interoperability and liquidity transfers will open up endless possibilities and they have only entered the very beginning of a very exciting stage within the blockchain ecosystem. This is something they aim to bring to Polygon and some examples include (i) Cross-chain composability of smart contracts (ii) Cross-chain swaps to/from any asset on Polygon (iii) Bridging of NFTs (iv) Bridging of any arbitrary asset.

 deBridge wants to provide the tooling and overall infrastructure for all projects in the ecosystem to be creative, build great applications, and expand to other chains in a secure and efficient manner.

deBridge is an interesting project looking to increase cross-chain composability in the DeFi and NFT space. We are glad deBridge is bringing their services to Polygon as we scale together.
–Hamzah Khan, Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 500+ Dapps, ~567M+ txns, and ~6M+ daily txns.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.

Website | Twitter | Ecosystem Twitter | Studios Twitter | Reddit | Discord | Telegram

deBridge is a cross-chain interoperability and liquidity transfer protocol that allows truly decentralized transfer of assets between various blockchains. The cross-chain intercommunication of deBridge smart contracts is powered by the network of independent oracles/validators which are elected by deBridge governance. deBridge protocol is an infrastructure platform and a hooking service which aims to become a standard for:

  • Cross-chain composability of smart contracts
  • Cross-chain swaps
  • Bridging of any arbitrary asset
  • Bridging of NFTs.

Website | Docs | Discord | Twitter | Telegram | GitHub

SOURCE: https://debridge.medium.com/debridge-receives-grant-from-polygon-5f3bfae2c152

Market Stats:
BTC Dominance: 54.24%(-0.52%/24h)
ETH Dominance: 15.32%(+0.30%/24h)
Defi Market Cap: $88.38B(-0.01%/24h)
Total Market Cap: $2395.91B(+0.46%/24h)
Total Trading Volume 24h: $77.65B(-15.10%/24h)
ETH Market Cap: $367.54B
Defi to ETH Ratio: 24.05%
Defi Dominance: 3.51%
Altcoin Market Cap: $1096.36B
Altcoin Volume 24h: $47.78B
Total Cryptocurrencies: 29755
Active Cryptocurrencies: 9969
Active Market Pairs: 82288
Active Exchanges: 765
Total Exchanges: 8540
BTC: 65955.88$(-0.69%/1H)
ETH: 3055.54$(-0.89%/1H)
AVAX: 36.56$(-0.9%/1H)
BNB: 577.47$(-0.39%/1H)
MATIC: 0.71$(-0.67%/1H)
FTM: 0.8$(-0.82%/1H)
ADA: 0.48$(-0.86%/1H)
DOT: 7.17$(-1.1%/1H)
UNI: 7.4$(-1.09%/1H)
CAKE: 2.65$(-0.97%/1H)
SUSHI: 1.12$(-0.95%/1H)
ONE: 0.02$(-0.92%/1H)