Polytrade bridges with Anyswap

Polytrade users will now have a cross — chain bridge available between Ethereum — Polygon — Binance Smart Chain, courtesy Anyswap. The integration will allow native Polytrade token to be bridged to Binance Smart Chain (BEP20), in addition to the Polygon and Ethereum Chains.

Bridge: https://anyswap.exchange/#/bridge?bridgetoken=0x6ba7a8f9063c712c1c8cabc776b1da7126805f3b

Integrating with Anyswap will allow Polytrade to further develop cross-chain compatibility, interoperability and will also lead to development of new product lines in the future, farming and staking programmes with attractive cross-chain yields.

At the moment, allow transfer of tokens to Binance Smart chain only to support access to Polytrade tokens and to increase their market reach. This, though, is only the beginning as the plan to support more chains in the future to effectively expand their ecosystem to support trade between enterprises in the Metaverse.

BSC token contract address:

https://bscscan.com/address/0x6ba7a8f9063c712c1c8cabc776b1da7126805f3b

This integration will enable users to swap between the three chains arbitrarily, which reduces fees and makes it easier to move between chains.

About Anyswap

Anyswap is a fully decentralized cross-chain swap protocol, which enables any blockchain that uses ECDSA or EdDSA as a signature algorithm access to cross-chain bridge solutions. Anyswap has deployed cross-chain bridges for more than 500 projects and has developed 18 chains since its’ launch on the 20th of July 2020.

Anyswap has launched its Multichain Router V3 beta mainnet more than one month ago, this multichain router has three significant features: Non-custodial+MPC, Native Swap, and Multichain Router.

About Polytrade

Polytrade is a blockchain-based decentralized protocol aiming to transform receivables financing connecting buyers, sellers, insurers, and investors for a seamless experience. It brings safe and insurance-backed real-world assets to the crypto world. Polytrade will provide real-world borrowers access to low interest and swift financing to free up critical working capital tapped from crypto lenders. While the project will start with a focus on trade finance, eventually, it would evolve into a full-stack lending protocol for small businesses.

SOURCE:
Medium