EverRise Contract Address on BSC, ETH, Poly:
Transfer tokens cross-chain at block speed.
EverBridge makes it possible to bridge a token to many blockchains with the possibility of sharing a consistent circulating supply across all chains and for the tokens to be traded on multiple networks with one supply. Here's how it works:
New smart contracts are created on each network to mint a matching supply on each blockchain.
The new supplies are locked within the bridge vault.
When tokens are bridged, the tokens are locked within the bridge vault on that side of the bridge (blockchain of origin), and a corresponding amount of tokens are unlocked from the bridge vault on the other side of the bridge (blockchain of destination).
EverRise (RISE) is the first token ever to be launched on three interconnected blockchains simultaneously (Ethereum, BSC and Polygon) with balanced liquidity pools and one circulating supply. After the launch, other tokens will be able to follow EverRise's path and launch on multiple blockchains at the same time.
EverBridge takes the guesswork out of going cross-chain for both project developers and investors.
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Your journey to other chains starts here. Travel at the block speed with EverBridge.
Move between blockchains at the block speed with transfer speeds averaging 10 seconds for token transfers across chains.
Instead of minting and burning, EverBridge utilizes a vault on the blockchain (EverVault) with a lock and unlock mechanism.
Tokens that use EverBridge to go cross-chains have the advantage of generating extra volume due to arbitrage opportunities.
EverBridge is designed to be able to scale to all major blockchains, adding more options to those projects wanting to go cross-chain.
EverBridge uses a new approach to bridge between blockchains swiftly and securely. Usually, bridges mint and burn tokens in order to move cryptocurrency to a new network. This leaves open a potential exploit if someone were able to access the mint function, compromising the project by minting an infinite supply of tokens to sell on the market.
Instead, EverBridge locks and unlocks tokens on either side of the bridge within EverVault to allow one supply to be traded on multiple blockchains.
EverBridge is the fastest commercially available bridge to transfer tokens across multiple blockchains with transfer times as soon as 10 seconds.
The locking and unlocking method has allowed EverBridge to achieve speed records matching the block speed: 10 seconds is the time needed for a transaction to be recorded on the blockchain.
For transfers of native tokens cross-chain, the speed may vary due to many variables. Speed tests will be done once the function is completely developed.
EverBridge will allow users to swap native coins from one blockchain to another, utilizing RISE in the backend as the carrier for the transfer. All the user will see is one coin goes in and another comes out on the other side of the bridge.
The blockchains that will be available for this service are the ones where the RISE token is available.
The service will start with the following pairs: ETH/BNB, ETH/MATIC and BNB/MATIC. As soon as the RISE token expands to new blockchains, new pairs will be available.
Initially created to allow the RISE token and the EverRise suite of dApps to be utilized on chains other than the Binance Smart Chain, EverRise is making the technology available to other projects looking to expand beyond their native coin.
If you are a project developer and are interested in using EverBridge to bridge your token to other blockchains, contact us at email@example.comContact Now
EverBridge integrates blockchains to let investors and projects move freely between networks within seconds. Available on the Ethereum, the Binance Smart Chain networks and Polygon.