Polis Chain Went Live on Meter Bridge

Published on: 06.11.2021

Meter’s passport bridge connecting Polis Chain to Binance Smart Chain went live November 5th, 2021 enabling DAI Stablecoin assets transfer between the two chains. This will play a key role in enhancing liquidity on Polis Chain for its upcoming DEX HadesSwap. Meter Passport enables free movement of assets across the heterogeneous networks.

Meter Passport addresses the key aspects of bridge transfer between Polis Chain and Binance Smart Chain:

  1.  Architecture: One of Meter’s goals is maximizing interoperability with other public blockchains. Meter Passport is a N-way multi-chain router that enables smart contracts to both transfer assets and communicate across blockchains.
  2. Assets: Meter Passport will support seamless transfer of DAI between Polis Chain and Binance Smart Chain at launch
  3. Security: Meter Passports multi chain router multi-sig contract is secured by five relayers including Protofire, Harshquark, Wetez, InfinityStones, and Meter team. Meter Passport works with a 3/5 threshold.
  4.  Bridge cost: The bridge cost includes cost of transaction fees on source chain (paid by user during initiation of transfer) and bridge fee (comprising of operational cost of bridge infrastructure across 5 relayers and transaction fee on destination chain). The bridge cost is significantly low across all participating networks with an exception of Ethereum.
  5. Highly Integrated Meter Wallet: Wallet.meter.io is highly integrated web wallet that hold information of all participating networks and assets. You can easily leverage wallet.meter.io to add networks and assets to your MetaMask wallet.
  6.  Additional Networks: In addition to transfer of assets between Polis Chain and Binance Smart Chain, Meter Passport also opens up possibilities of transfer of assets with Ethereum, Moonriver, Avalanche, Theta, Energy Web Chain and Meter Mainnet in the future.
  7.  Key Deployments: Meter Passport is now battle tested with key deployments and one of the most secure, decentralized and stable bridge solutions in the space.

Meter is going through an exciting week with listing on KuCoin and onboarding of 2 new partners on the Meter PassportEnergy Web Chain and Polis Chain. The integration of a network unlocks potential for further partnership with dApps operating on these networks and cementing credentials of Meter Passport as a key player in blockchain interoperability.

ABOUT Meter
Meter.io is a highly decentralized Ethereum scaling solution with a built-in metastable gas currency. It connects to Ethereum and other blockchains as a layer-two protocol and allows smart contracts to scale and communicate seamlessly through heterogeneous blockchain networks.

ABOUT Polis Chain
Polis Chain is a fast, secure, and extensible blockchain that allows people to easily integrate cryptocurrencies into day to day interactions.

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