DeFiato is using ChainPort to port to BNB Chain and Avalanche

Published on: 15.03.2022

DeFiato uses ChainPort to port to BNB Chain and Avalanche boosting the interoperability of DeFiato without code or integration.

ChainPort provided an easy-to-use & secure bridge that any project can use to port from one chain to another by just paying gas fees.

Cross-chain interoperability is of utmost importance when it comes to daily volume as it provides you access to different communities and ecosystems without losing access to your native token.

DeFiato ported to Avalanche and BNB Chain as part of their extensive roadmap, they now enjoy a fully tradable pair on both chains without losing access to the Ethereum community with their native token.

About DeFiato

DeFiato is the next-generation centralized platform for DeFi staking, yield farming and financial services, such as assured security, quick settlements, ease-of-use and customer service support, which has altogether eliminated the technical barriers and financial risks associated with many decentralized platforms. The platform enables on-chain liquidity through various pools, across different chains. It also offers fiat on-ramp via Prime Trust and will also support peer-to-peer (P2P) transactions.

About ChainPort

ChainPort is a next-gen blockchain bridge that provides custodian-level security with real interoperability, allowing instant hops across chains at a click.

ChainPort has been live since July and has already grown to port more than 110 tokens with $300M TVL and an average daily volume of $5M, with a current 30% monthly growth. Position itself as one of the top 5 biggest bridges in the space, and #84 by TVL between all dapps and DeFi’s in the world.

ChainPort offers permissionless ports between chains with a simple UI and supports seven wallets. ChainPort is a high-speed bridge -12 confirmation on Ethereum, only 2.5 minutes on average!

SOURCE

https://medium.com/chainport/defiato-is-using-chainport-for-cross-chain-interoperability-with-avalanche-and-bnb-chain-456ca2e804eb

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