Bridge $SIL via NerveBridge

Published on: 30.06.2022

Bridge $SIL via NerveBridge as the Nerve Network and SIL Finance(Sister in Law) becomes partners. 

SIL Token is the native governance token of SIL Finance. All tokens are minted, with no pre-allocation.

Through this integration, users now bridge $SIL seamlessly between BNBCHAIN, OKCNetwork, HECO Chain, and Nuls Network

SIL Finance is the world’s first decentralized LP composer that is purely built on smart contracts technologies, to the user’s concept, it’s a single-sided yield aggregator (1 click hedging) with adventurous functional #NFT farming card add-ons. In addition, SIL focuses on providing users with unique DeFi2.0 Financial Management experiences with creative recreations.

SIL currently offers:

YIELD Farms: Single token mining on top of LP farms which have much higher yields than traditional single token pools (employs LP composition).
💢 Automatic passive Impermanent Loss Mitigation for all farms of type1. (profiting users mitigate losing users within the farm).

HEDGE Farms: Single token hedging on top of LP farms, users get 2x leverage alike experience simply by depositing (use AMM’s X * Y = K).
💢 Automatic yield compounding (user triggers or bot triggers, with minimal resolution set to 1 hour).
💢 NFT addon to speedup mining process, or slow down someone else’s, or yourselves.

Multi-chain coverage
Ethereum
Binance Smart Chain (BSC)
Okexchain (OEC)
Polygon

The SIL’s model is unique in the DeFi market, it’s single-sided functionality is solely contributed by users, the product gives all the possible choices back to the community, and is way more open than yield products.

Through the standard protocol conversion layer of Nerve, the platform can match the general interface standard for development, access more mainstream digital assets, and form a general cross-chain interaction protocol.

By following the general interface standard to develop a module and through the verification and upgrading of the virtual bank and consensus node, you can load the cross-chain interaction protocol of Nerve.

ABOUT SIL Finance
SIL Finance is a single-sided yield aggregator (1 click hedging) with adventurous functional NFT farming card add-ons. Or in the formal form, it’s a decentralized automatic investment platform based on smart contracts, focusing on providing users with DeFi Financial Management services.

Website | Twitter

ABOUT Nerve Network
Nerve Network aims to connect all isolated blockchains and establish a cross-chain asset exchange network. Providing all necessary underlying support for the Defi ecosystem. Let every digital asset holder experience a truly safe, free, and transparent Defi service.

Website | Twitter

RESOURCES
Nerve Network

Market Stats:
BTC Dominance: 38.31%(+0.02%/24h)
ETH Dominance: 18.06%(-0.15%/24h)
Defi Market Cap: $37.47B(+15.09%/24h)
Total Market Cap: $855.36B(-0.32%/24h)
Total Trading Volume 24h: $39.83B(+22.40%/24h)
ETH Market Cap: $152B
Defi to ETH Ratio: 24.65%
Defi Dominance: 4.2%
Altcoin Market Cap: $527.67B
Altcoin Volume 24h: $18.18B
Total Cryptocurrencies: 21944
Active Cryptocurrencies: 8975
Active Market Pairs: 58598
Active Exchanges: 528
Total Exchanges: 4368