Alephium strengthens its commitment to the multichain world with the launch of its new bridge to the BSC chain (Binance Smart Chain). One year after the introduction of the bridge to Ethereum, Alephium is proud to announce this new connection with the rich and vast crypto universe of BNB Chain. Many rewards and activities are planned in the Alephium ecosystem to celebrate this launch.
A new bridge to BSC: Alephium expands its crypto ecosystem
Alephium contributors have worked hard to create this second bridge, based on the foundations of the first on Ethereum. This bridge now allows tokens to be transferred between Alephium and BSC, bringing Alephium closer to the Binance ecosystem and opening new opportunities for crypto users and developers.
To access the bridge, simply go to bridge.alephium.org. The operation is identical to that of the Ethereum bridge, so if you have used it before, you will not be disoriented. For new users, a detailed tutorial is available to guide you through the login process.
But, in a simplified way, you will just need to connect your BSC wallet (like Metamask) and your Alephium wallet. Then, simply follow the instructions to transfer your crypto tokens between the two chains.
How to use the Alephium-BSC bridge?
To use the bridge, you will need a BSC wallet (like Metamask) and an Alephium wallet. All crypto wallets are compatible and can be downloaded from the Alephium website. If you don't have ALPH tokens for transaction fees, no worries! A faucet is available: by transferring tokens from BNB to ALPH, you will automatically receive 0.01 ALPH in addition to the transferred amount, sufficient for your first transactions.
Furthermore, the bridge can be used directly via smart contracts, without a front-end interface, which is useful for dApps and other services wishing to use it programmatically. Contract and pool addresses are available on BSCscan and major DEXs like PancakeSwap for BSC and Elexium, Swapa, Candiswap and Ayin for Alephium.
Additionally, crypto tokens available for the Bridge include $ALPH, $BNB, $USDT and $USDC. Non-native stablecoins will be renamed to avoid confusion (e.g. USDTbsc for USDT from BSC). Additionally, crypto transfer time varies: around 20 minutes from BSC to Alephium, and a little over an hour in the other direction, due to security measures.
Attractive incentives for new users
To celebrate the launch of the ALPH to BSC bridge, the Alephium community has put together a series of exciting incentives. DeFi enthusiasts can maximize their returns through liquidity pool rewards, especially with projects like ElexiumFinance, Ayin And Candy Swap which offer high APYs for ALPH/BNB and ALPH/USDTbsc pairs.
Moreover, Alphagathe most active NFT marketplace on-chain, is offering a limited edition of 100 exclusive NFTs. These NFTs offer unique benefits, such as revenue sharing and access to lotteries for cash prizes. Participants can also get places on the whitelists of promising projects like LinxLabs And AlphaBanXwhich offer exclusive pre-sale opportunities.
Finally, additional surprises, such as OneKey hardware wallets and free Alph.Pro subscriptions, are also planned for participants.
To learn more, the Alephium community journal published an article on the ALPH ecosystem for those who don’t know itone on incentives combined and one on the opportunities for people !
The launch of the Alephium-BSC bridge represents a major breakthrough for Alephium (ALPH), creating new opportunities for users and developers. With attractive incentives and solid technology, Alephium, which is now very close to the Binance ecosystem, strengthens its position in the multichain crypto world.
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