CRYPTO NEWS & DATA SPACE

CRYPTO NEWS & DATA SPACE

Celer Partnership with Kava Network

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Celer, building the best inter-blockchain and cross-layer communication platform, announced its partnership with Kava Network to enable Cross-Chain Asset Transfers!

Partnership HighLights

Celer Network is excited to announce the successful partnership and implementation of cBridge bridging support for Kava Network via their Open Canonical Token Standard.

Users can now bridge USDC, USDT, WETH, DAI, and WBTC between Ethereum and Kava quickly, securely, and with very low costs!

Celer-bridged token addresses on Kava EVM Co-Chain:
USDC – 0x23367BEA9B6931690960d8c59f6e708630f24E58
USDT – 0xfB1af1baFE108906C0f1f3B36D15919B95ee95BD
WETH – 0x9591865D9d4BBD3b5FA8a8E2400fD530D1a16191
DAI – 0x49f2c0add1A345F4c76831c1AA3884fc523Ca5FE
WBTC – 0xaEa7D9Bc694a92ad0EFFfF0F30B700F7c4B23ba6

Introduction to Kava Network

The Kava Network is a lightning-fast Layer-1 blockchain featuring unique co-chain architecture. It combines the speed and interoperability of the Cosmos SDK. With the flexibility and developer support of the EVM, all powered by the ultra-fast Tendermint consensus engine. Kava chose to build using the Cosmos SDK because it was clear that the Ethereum architecture would not support a decentralized future at scale. The Cosmos SDK enabled much better scalability and unlocked access to a growing ecosystem of blockchains and applications.

Initially, Celer’s bridging support will include USDC, USDT, WETH, DAI, and WBTC. It will extend to NFT bridging and generic message passing with the Celer Inter-chain Messaging Framework in the future, thus enabling a more secure and flexible approach to facilitate interoperability between the Kava Network and the broader blockchain space.

About Kava

Kava is a secure, lightning-fast Layer-1 blockchain that combines the two most used permissionless execution environments into a single, scalable, developer-optimized network.

Website | Twitter

About Celer Network

Celer is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, privacy solutions, and more across multiple chains.

Website | Twitter

SOURCE

blog.celer.network/2022/06/14/celer-cbridge-partners-with-kava-network-to-enable-cross-chain-asset-transfers/

 

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