FundMovr Now Supports Fantom

Movr Network announced that it now supports Fantom on FundMovr.

FundMovr is a metabridge that seamlessly bridges assets across multiple chains and is one of the first bridge aggregators to launch on Fantom.

With FundMovr, users can easily and efficiently migrate assets to Fantom and experience the network’s low fees and nearly instant finality. Going forward, Movr will work closely with Fantom and its ecosystem projects to help users on other chains migrate to Fantom and participate in the Fantom ecosystem.

Fantom is a state-of-the-art blockchain network and one of the most popular smart-contract platforms in DeFi. Since launch, Opera has attracted more than $5.5 billion in TVL and developed a thriving ecosystem of native DeFi projects.

“We are extremely pleased to be working with Movr network. In a future that will rely heavily on cross-chain technologies, FundMovr’s innovative bridge aggregation solution will play a vital role in promoting interoperability. Fantom’s fast confirmation times and low fees mean that users on Ethereum L2 chains will feel right at home in the Fantom ecosystem, where they will have a wealth of dApps and DeFi opportunities at their disposal,” said Michael Kong, CEO of Fantom.

Movr’s mission is to simplify building cross-chain applications. We are building critical interoperability infrastructure for a multi-chain future which will power cross-chain use cases like cross-chain lending (deposit collateral on Aave-Optimism, borrow from Aave-Polygon); multi-chain Yearn (Yearn optimising for highest net APY from across chains), cross-chain swaps and many more!

Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed in around a second and cost on average one cent. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.

📰 INFO

https://medium.com/movr-network/seamlessly-bridge-to-fantom-with-fundmovr-30b4ca2fb2d

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