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Polygon, a
Wanchain will now deploy direct decentralized cross-chain bridges connecting Polygon with
The partnership marks the first instance of using decentralized liquidity pools for a cross-chain bridge. This approach differs fundamentally from the industry-standard Lock-Mint-Burn-Unlock approach previously formalized by Wanchain.
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and infrastructure development, and Wanchain, a decentralized blockchain interoperability solution, have announced a strategic partnership that will drive further adoption of layer-2 cross-chain bridges.Wanchain will now deploy direct decentralized cross-chain bridges connecting Polygon with
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. This layer 2-to-layer 2 bridge will enhance Polygon’s growing suite of solutions, including Polygon Hermez, Polygon PoS, Polygon SDK, and Polygon Avail.The partnership marks the first instance of using decentralized liquidity pools for a cross-chain bridge. This approach differs fundamentally from the industry-standard Lock-Mint-Burn-Unlock approach previously formalized by Wanchain.
“We recognized that needing to pass through Ethereum when moving from one layer-2 to another is self-defeating. Wanchain’s new L2 bridges preserve the high transaction throughput and low costs of Polygon while remaining efficient […]”
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already supports Bitcoin, Ethereum, Wanchain, EOSIO, Binance Smart Chain, Litecoin, XRP Ledger, Moonriver, Avalanche, and Polkadot.“By extending inroads between Abritrum and Polygon PoS, the cross-chain bridge will facilitate better liquidity and utility for users while fostering greater overall interoperability and growth for the Ethereum ecosystem.”
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