Ispolink Joins the BSC Ecosystem, Deploys a BSC-Token Bridge
Ispolink is delighted to announce that they have made a pivotal step towards attaining our vision to provide multi-chain interoperability — they have finalized their Ethereum to Binance Smart Chain bridge!
With the rapidly growing Ethereum ecosystem, network congestions are becoming more frequent, which respectively, results in high transaction fees. Therefore, in order to address this issue, the new Ispolink Network bridge will allow $ISP holders to easily swap their tokens between the Ethereum and Binance Smart Chain blockchain networks in seamless fashion. In comparison to Ethereum, BSC provides considerably lower transaction fees and much faster block production, allowing users to take advantage of the better efficiency.
Below you may find a timeline of the Events:
🔥 Ispolink Token Burn
They have conducted a token burn of 200,000, 000 ISP tokens on ETH, equivalent to $ 915,530 at the time of writing. You can refer to the tx id here On the other hand, they’ve deployed an ISP BEP20 contract on BSC and issued 200,000,000 ISP tokens. Both contracts can be found here (Ethereum) and here (Binance Smart Chain). To summarize, the circulating supply of ISP on Ethereum has been reduced from 10 billion to 9.8 billion tokens, whereas the tokens available on the BSC network are 200 million.
If you have come this far and you’re already feeling excited, the news are just getting better!
Upcoming ISP Listing on PancakeSwap
With the launch of the new BEP-20 version of $ISP, their users will be able to gain exposure to the BSC ecosystem and trade $ISP on the leading BSC-based decentralized exchange — PancakeSwap. The listing details would be revealed in due time.
⛓Ispolink BSC Token Bridge Launch
Their team has ensured a smooth user-experience and prompt transition for those users who want to bridge Ispolink from ETH to BSC. Full details about the ETA of the official Ispolink token bridge and comprehensive guide how to use it will be revealed soon.
About Ispolink
Ispolink is a novel cross-chain platform for developers powered by Binance Smart Chain and Polygon. Ispolink connects blockchain firms with industry-leading tech talents seamlessly via internal AI-powered algorithms. Its end-to-end solution provides businesses with a full set of tools to easily and efficiently navigate the entire selection process. Ispolink’s interoperable blockchain ecosystem offers decentralized payments at scale with the native ISP token.
📰 INFO
https://ispolink.medium.com/ispolink-joins-the-bsc-ecosystem-deploys-a-bsc-token-bridge-7bb3c0828c6e
