xyz to Launch New Cross Chain Token Bridge.
11 Nov 2021, 15:01
🔥ADD.xyz to Launch New Cross Chain Token Bridge! 🔥
📍The Development Team at ADD are excited to announce the launch of our first ever cross chain bridge, allowing users to bridge to new and multiple networks providing the benefit of faster transaction confirmations and lower network fees.
📍Decentralized finance (Defi) and cross-chain bridge technology have continued to grow in value this year. A cross-chain bridge allows users to connect to another blockchain, which in most cross-chain cases the other network has been the Ethereum chain, and users can swap assets back and forth between each blockchain.
📍TVL locked in bridges has increased by 89% to $14.75 billion in value today.
📍ADD's development team are expected to reveal and launch a new integrated cross chain bridge into our DeFi web platform and Mobile Application before the end of November 2021, allowing users to imminently wield the benefits of cross chain integrations. This signals an important step forward for ADD as the company continues to grow.
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