EasyFi introduced a partnership with Voyager to launch its newest 3-Approach Multichain Bridge. The bridge will facilitate fast EZ token switch throughout Ethereum, Avalanche, and BNBChain.
That is the primary service, and utility EasyFi has added to Avalanche since its platform launch. The event aligns with EasyFi’s earlier announcement, the place the platform promised to allow cross-chain transfers for EZ tokens.
The platform launched an official publish to tell customers in regards to the bridge and its functioning. Right here is how they are going to work:-
Bridge 1: BNBChain to Ethereum
This bridge permits customers to ship EZ tokens from the BSC to ETH utilizing Voyager in a 1-to-1 ratio. Customers merely need to comply with the given steps to take action:-
- Begin by signing on to the dApp
- Select the From (BSC) and To (Ethereum) chains
- Subsequent, choose the EZ token to start out the method
- Submit the specified quantity and full the transaction
Bridge 2: BNBChain to Avalanche
As talked about, that is the primary utility EasyFi has added for EZ holders on Avalanche. The event permits customers to simply swap EZ tokens throughout Binance Sensible Chain and Avalanche chains. The method to take action is similar as talked about for the primary bridge.
Bridge 3: Ethereum to Avalanche
This bridge completes the 3-way interplay channel between the chains. It’s going to assist customers purchase, swap, promote, and transfer EZ tokens all through completely different networks. Customers can even comply with the identical steps to work the swap on this bridge.
Every of those bridges will allow future merchandise and packages, like Electrical, Mix, and lots of extra. Given the stature of the concerned events, the collaboration is more likely to yield high-quality outcomes.