Bender Labs developers have launched a "bridge" between the Ethereum and Tezos blockchains The Bender Labs project team has launched a "bridge" between the Ethereum and Tezos blockchains. With the help of the Wrap Protocol, holders of ERC-20 and ERC-721 tokens will be able to interact with the Tezos ecosystem. The decentralized protocol allows the conversion of ERC-20 and ERC-721 to the FA2 standard. wTokens are compatible with most DeFi protocols in the Tezos blockchain, such as Quipuswap, Atomex, or Kolibri. The value of wTokens is linked to the original assets. Bender Labs said that the new tool will solve the problem of high fees in the Ethereum network. The protocol will take about one hour to release wTokens. #Cryptocurrency
Log in to join in Reading is open to everyone. Replying needs an account.
No comments yet