Saber is bringing the first Huobi ECO Chain (HECO) assets to Solana! Bitcoin and USDT are bridged from HECO can now interact with the Solana ecosystem.

Saber and Allbridge are excited to enable the $1.4 Billion in HECO DeFi liquidity to interact with Solana dApps. To acquire HECO assets, head to allbridge.io.

The new Saber pools are Allbridge HECO USDT / USDC and Allbridge HECO BTC / renBTC pools. The pools are live now, and SBR rewards will go live within 12 hours. HECO users can swap for Solana native renBTC and USDT, and interact with the growing Solana DeFI ecosystem.

Huobi ECO Chain is a modern smart contracts platform with EVM support and a number of exciting applications, 2,000 TPS, and a 3 second block time. Allbridge is the bridging solution that makes these transfers possible, as they continue to expand to new chains including Solana, HECO, Binance Smart Chain, Ethereum, Avalanche, CELO, and more. Saber looks forward to continuing partnering with Allbridge.

About Saber

Saber is the leading cross-chain AMM for pegged assets on Solana, such as stablecoins and wrapped assets. As Solana’s core cross-chain liquidity network, Saber helps facilitate the transfer of assets between Solana and other blockchains. Users deposit crypto into a Saber liquidity pool to earn passive yield from transaction fees, token-based incentives, and eventually automated DeFi strategies.

Website | Twitter | Discord | Medium

About Allbridge

Allbridge is modular and expanding token bridge with on-chain consensus. It’s a simple, modern, and reliable way to transfer assets between blockchain networks. Allbridge mission is to make the blockchain world borderless and provide a tool to freely move assets between different networks. In the future it will evolve into a DAO-style multi-chain hub, establishing connections between the EVM and non-EVM networks.

Website | Twitter | Telegram | Medium | Trustpilot

⏩ SOURCE