Gnosis Chain is now Live on deBridge

Published on: 22.05.2024
Gnosis Chain is now Live on deBridge

deBridge is excited to announce a significant step towards global blockchain interoperability with the integration of Gnosis Chain as its second IaaS (interoperability-as-a-service) chain.

What is deBridge IaaS?

deBridge IaaS offers a comprehensive solution for both permissionless and permissioned blockchain ecosystems, regardless of whether they use EVM (Ethereum Virtual Machine) or SVM (Solana Virtual Machine). It addresses all three critical aspects of interoperability:

  • High-performance asset transfer
  • Secure exchange of authenticated messages
  • Safe asset custody

Gnosis Chain becomes the second blockchain (after Neon EVM) to leverage deBridge IaaS, enabling seamless communication and asset movement between Gnosis and ten other deBridge-supported chains.

Benefits of deBridge IaaS for Gnosis Chain

  • Instantaneous and Secure Bridging: Gnosis users can now trade assets across various chains with near-instant settlement, ample liquidity, and protection against negative effects like MEV (Maximal Extractable Value) and slippage. This allows users from Solana and Base ecosystems to effortlessly access Gnosis, while users from other supported chains like Polygon, Arbitrum, and Binance Chain can trade larger volumes to and from Gnosis.
  • Cross-Chain Messaging: deBridge IaaS facilitates secure message transfers between Gnosis and ten other chains, creating a robust infrastructure for data and message exchange across different blockchain ecosystems.
  • Simplified Asset Custody: Gnosis users can leverage dePort, a secure custody solution within deBridge, to manage assets from various supported chains with just a few clicks. This enables seamless asset movement into Gnosis Chain from Ethereum, BNB Chain, Solana, Polygon, Arbitrum, Optimism, and more. Additionally, projects can leverage deBridge to introduce their tokens across various chains, expanding their reach within the broader blockchain landscape.

These functionalities empower Gnosis Chain with:

  • Enhanced Interoperability: Gnosis Chain gains instant compatibility with every blockchain ecosystem supported by deBridge, fostering a more interconnected blockchain environment.
  • Wider User Base: The seamless bridging experience attracts a broader audience of users and developers to the Gnosis Chain ecosystem.
  • Streamlined Bridging Process: Users can bridge assets like stablecoins quickly and easily, eliminating the complexities of multi-step processes.
  • Cross-Chain Development: Developers can effortlessly create applications that interact with Gnosis Chain and other supported blockchains.

About deBridge

deBridge aims to be the ultimate bridge solution for DeFi. It eliminates the limitations and risks associated with liquidity pools, enabling near-instantaneous value and data transfers with guaranteed rates and deep liquidity across various blockchain networks.

Website | Twitter

About Gnosis Chain

Gnosis Chain is a community-driven network secured by over 200,000 validators globally. It utilizes the same architecture as Ethereum and actively contributes to the research, development, and tooling that strengthens the Ethereum ecosystem.

Website | Twitter

Source:
https://debridge.finance/blog/gnosis-chain-is-live-on-debridge/

 

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