MOVR-AVAX pool on Canary Exchange!

Published on: 12.10.2021

Relay Chain bridging partner Canary Exchange on Avalanche

RelayChain are excited to announce their collaboration with Canary Exchange, with a MOVR-AVAX liquidity pool emitting CNR ! Enter it on https://app.canary.exchange/#/earn

After enabling the transfer of AVAX (and now MOVR too) from Avalanche to Moonriver with liquidity pools on Solarbeam and Moonswap, They will now be able to bridge back with AVAX or MOVR from Moonriver to Avalanche. thanks to the liquidity pool on Canary Exchange.

Canary Exchange is a decentralized exchange platform native to the Avalanche blockchain and has currently $2,065,800 in locked value.

RelayChain enables fast and secure cross-chain token transfers between the world’s leading blockchains. The platform offers Bridging as a Service (BaaS) to partner dApps wishing to expand their footprint beyond a single chain. RelayChain currently supports bridges between any combination of Ethereum, Moonriver, Polygon, Binance Smart Chain, Avalanche, Huobi ECO Chain, Fantom and Shiden. Multiple other networks including KSM/DOT, Solana and Cosmos, will be added in the near future. A unique feature of RelayChain is that liquidity providers will be rewarded in the native gas tokens (ETH, AVAX, BNB, MATIC, MOVR, FTM, SDN, etc) of the chain where they provide the liquidity.

More About Canary Exchange

Canary Exchange is a decentralized exchange (DEX) which runs on Avalanche, the most promising and the fastest blockchain! Canary Exchange works with a model called AMM which is a game changing tech. Automated market makers (AMM) allow digital assets to be traded without permission and automatically by using liquidity pools instead of a traditional market of buyers and sellers.

Canary features a token which is called CNR Token that is the official token of the Canary Exchange and other Canary Ecosystem dApps. You earn CNR Token by farming on Canary Exchange with very high APYs. If you wish, you can swap the tokens you earn to another cryptocurrency through Canary Exchange. Or if you wish, you can stake your CNR Tokens again and earn more CNR Tokens!

About RelayChain

The race to bridge DeFi is over with RelayChain. Almost instantly add cross-chain swaps to any DEX or dApp. Earn bridge fees in ETH, MATIC, DOT, BSC, AVAX, HECO, FTM, MOVR, SDN and more. Become a partner with the most interconnected name in DeFi and secure your bridge benefits early.

Readable whitepaper: Bridging as a Service for DeFi by RelayChain

Downloadable whitepaper: Bridging as a Service for DeFi in PDF