The e-Money-Avalanche Bridge

Published on: 08.12.2021

e-Mone is now connected to the Avalanche blockchain. The e-Money-Avalanche Bridge, is a two-way token bridge that enables seamless transfers between e-Money and the Avalanche network. This bridge marks the beginning of a whole new suite of projects that we can collaborate with on the Avalanche Network and establish connections to crypto liquidity.

Stay tuned for more details on EEUR liquidity pools & rewards on Avalanche DEX’s.

e-Money Wallet: https://app.e-money.com/

Contract Links are listed below:

NGM : https://snowtrace.io/token/0xade3aba6436d34b7ad87df7d378991dd5b819911

EEUR : https://snowtrace.io/token/0x497c10E37Ce0AC40C5777a1f922F04865F67b636

CHF : https://snowtrace.io/token/0x75BdC47E4828788760B18E91dE67eBf1dbEA7E86

NOK : https://snowtrace.io/token/0xB28c0a7f5dd74864a335F9cC5F1487c2B838d346

SEK : https://snowtrace.io/token/0x56C64bFDD44FFeBFc1AFC218dB19366691fF41DE

DKK : https://snowtrace.io/token/0x03aD3d69D222515FB0d555F511F934C6a26320fa

About e-Money

e-Money is a blockchain-based payment platform built by Danish fintech e-Money A/S, committed to bringing financial inclusion and to help people around the world to have easy access to digital currencies. Built on Cosmos technology, e-Money supports a range of fiat-stablecoins which are fully backed by bank deposits and government bonds that are also interest bearing. The fidelity and transparency of e-Money stablecoins will be ensured by Ernst & Young providing quarterly Proof of Funds.

e-Money currently supports several European currency-backed stablecoins such as the EEUR, the ECHF, and tokens backed by Scandinavian currencies (ENOK, EDKK, and ESEK). The e-Money ecosystem has a second token, the NGM “Next Generation money” that is a staking token and rewards token. Users can stake NGM to secure the e-Money network.

Unlike most existing stablecoins which aim to maintain a static 1:1 peg with their underlying assets, the value of e-Money’s currency-backed tokens continually shifts in line with the interest accrued on the reserve assets. This means that holders benefit from the interest accrued on their assets while they sit securely in your wallet. The e-Money blockchain supports instant payments at scale and includes a DEX for easy conversion between currencies. e-Money has already integrated with Cosmos Hub, Osmosis and Ethereum and expects to integrate with all major networks moving forward.