Celer Network Has Partnered With OasisProtocol

Published on: 08.02.2022

Celer Network has partnered with OasisProtocol to integrate cBridge into the Emerald ParaTime.

Celer Network has partnered with the Oasis blockchain to integrate cBridge into the Oasis Emerald ParaTime, an EVM-Compatible ParaTime providing a smart contract environment with full EVM compatibility on the Oasis blockchain.

Users are now able to bridge the following tokens to Oasis:

– USDT, USDC, WETH, DAI from Ethereum
– BNB, BUSD from Binance Smart Chain
– FTM from Fantom
– AVAX from Avalanche

Enabling asset bridging on the Oasis platform is the first step in the aligned vision of Celer and Oasis. Furthermore, the Celer Inter-Chain Message (Celer IM) Framework will offer Oasis users and DApp developers a space to create inter-chain applications with efficient liquidity utilization, coherent logic, and shared states. This means that users can benefit from a multi-chain ecosystem with only one transaction.

About Oasis Protocol

Oasis is the first scalable, privacy-enabled blockchain that can support private DeFi and Data Tokenization. Scalable, versatile, and private, the network has a unique architecture that separates consensus operations from compute into two main layers: the Consensus Layer and ParaTime Layer. This design allows the Network to support many different parallel compute environments (aka ParaTimes) that can be customized for a broad set of use cases.

About Celer Network

Celer Network is the leading inter-blockchain and cross-layer communication platform that facilitates fast, secure, and low-cost cross-chain composability and bridging. Celer’s core applications and middleware like the Inter-chain Message Framework, cBridge, and Layer2.Finance have attracted important blockchain contributors and massive end users in the DeFi, blockchain interoperability, and gaming spaces to build and use inter-chain native applications enabled by the Celer tech suite.

➡️Source:
https://blog.celer.network/2022/02/08/cbridge-partners-with-oasis-blockchain-to-enable-cross-chain-bridging-on-emerald-paratime/

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