Ethereum and EOS Cross-Chain Token Bridge Demo by Yup Protocol #BridgedByDAPP
LiquidApps
In this video demonstration, Yup Protocol's ETHEOS Bridge is used to transfer the native tokens from EOS to Ethereum and then again to transfer Uniswap LP tokens from Ethereum to EOS.
Yup - https://www.yup.io ETHEOS Bridge - https://www.etheos.xyz
The cross-chain bridge was built using a combination of DAPP Network services including high-performance oracles and a cross-chain data transfer service. This allows dApp developers to connect assets, actions and applications for more cost-effective and scalable infrastructure options.
The bridge allows projects based on other blockchains to fit into the DeFi liquidity and financial services ecosystem based on the Ethereum blockchain. In addition, Ethereum developers can also use it to access the second layer offered by DAPP Network to scale their dApps, while keeping tokens on Ethereum. The second layer offered by DAPP Network also offers additional functionality with reduced gas costs and customizable sharding.
The goal is to scale DeFi’s dApps, which are increasingly used but also becoming increasingly congested due to the overload of transactions on the Ethereum network. A solution that includes the use of a second-level can theoretically offer greater and faster advantages than those that could be made available by Ethereum 2.0 in the future.
The DAPP Network’s token bridge could allow for the creation of multi-chain AMMs, liquidity pools and lending platforms, thereby stimulating the growth of DeFi products beyond any single environment. These products could offer much more competitive costs than purely Ethereum-based relayers, particularly given the cost of gas.
*** VIEW CODE *** EOS https://github.com/liquidapps-io/zeus-sdk/blob/master/boxes/groups/sample/ethtokenpeg/contracts/eos/ethtokenpeg/ethtokenpeg.cpp
*** READ MORE *** https://medium.com/the-liquidapps-blog/cross-chain-bridge-guide-for-experts-947210576668
BOUNTY https://medium.com/the-liquidapps-blog/dapp-networks-bridge-to-ethereum-bug-bounty-afcaf77d6296 https://medium.com/the-liquidapps-blog/the-future-of-token-farming-at-your-fingertips-71271920bd95
*** LINKS *** Website: https://www.liquidapps.io Telegram: https://t.me/LiquidAppsOfficial Twitter: https://twitter.com/@LiquidAppsIO Documentation: https://docs.liquidapps.io/ Github: https://github.com/liquidapps-io Blog: https://medium.com/@liquidapps ... https://www.youtube.com/watch?v=1EtRad3eF5k
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