Polkamarkets x Meter Collaboration

Polkamarkets announced a partnership with token bridge technology Meter.io for Moonriver mainnet release. 

Meter.io is an infrastructure for connecting smart contracts on different blockchains, while helping them to scale their resources. Polkamarkets and Meter will work together to offer a fast and secure bridge from Ethereum to Moonriver for the POLK token.

In the coming days, these last steps towards Polkamarkets’ deployment on Moonriver mainnet are being finalized. In order for users to use their POLK in the protocol, they will have to bridge their ERC-20 POLK tokens on Ethereum over to Moonriver using Meter. Next week, they will be publishing a detailed set of instructions on how to do so. They look forward to working closely with Meter to ensure that such transition via their token bridge technology goes smoothly in a user-friendly manner.

“Leveraging Meter.io’s Moonriver bridge as a critical piece of infrastructure is key for Polkamarkets. In this final phase of development and deployment, we are getting ever closer to mainnet launch on Moonriver. Meter allows users to securely bridge POLK onto Moonriver, allowing them to participate in the creation, curation, and forecasting of Polkamarkets’ prediction markets.” — Ricardo Marques, Polkamarkets CEO.

“Polkamarkets is a highly anticipated prediction platform that will bring a lot of interesting applications to Moonriver and the Kusama ecosystem. We are excited to work with the talented team and expect a smooth experience to help users move across chains. There will be a 10 MTRG per cross chain transfer subsidy for the users to cover their high ETH gas fees at the initial launch. We look forward to collaborate with the Polkamarkets team to integrate with other chains as well.” — Xiaohan Zhu, Meter CEO.

About Meter

Meter is a high-performance infrastructure that allows smart contracts to scale and travel seamlessly through heterogeneous blockchain networks.

About Polkamarkets

Polkamarkets is an Autonomous Prediction Market Protocol built for cross-chain information exchange and trading where users take positions on outcomes of real-world events–in a decentralized and interoperable platform based on Polkadot.

📰 INFO

https://polkamarkets.medium.com/polkamarkets-partners-with-meter-for-moonriver-bridge-40e44a4ef3df