The teams at LunarDex and RelayChain are excited to announce a cohesive bridging partnership on Moonbeam and beyond. The partnership will commence with two initiatives; bridging multiple gas tokens from other popular blockchains, and bridging traditional assets like mTSLA, synthetically. LunarDex will be the first to have synthetic assets on Moonbeam. Initial pairs will include:
More than just a decentralized exchange…
Lending, stableswap, leverage trading, NFT marketplace, and responsive friendly support are just some of the things you can expect from LunarDEX. Based on the tried and trusted technology of Uniswap; LunarDEX is a full-featured AMM where users can easily deposit their LPs and farm rewards
LunarDEX is a release from the STASIS team. The same group responsible for PAPR PRINTR and AuroraSwap brings their expertise and refined DeFi knowledge to the Moonbeam chain.
They’re a fun crew and have a lot of big things brewing, soon to be released. You can check them out at https://swap.lunardex.space/
LunarDex will also add a liquidity pool for RELAY in the near future. With LunarDex also scheduled to launch a lending protocol, holders will be able to use their RELAY as collateral for overcollateralized loans. This is a first for RELAY!
RelayChain enables fast, secure and low cost cross-chain token transfers between the worlds leading blockchains. The platform offers Bridging as a Service (BaaS) to partner networks and dApps wishing to expand their footprint beyond a single chain. RelayChain currently supports bridges between any combination of Moonbeam, Cronos, Harmony, Moonriver, IoTeX, Ethereum, Polygon, Binance Smart Chain, Fantom, Avalanche, Shiden and HECO. Multiple popular networks will be added in the near future. A unique feature of RelayChain is that once a token exists on our platform, it can be bridged to any other EVM in our list of networks. This can be done in one step without need to return to the parent chain first. This represents a major feature of speed and convenience for all of the users. The RELAY token holds high utility as it will be used to reward stakers with a share of the native gas tokens collected from bridging fees. It’s a deflationary token; the more transactions that occur, the more RELAY is bought back and burned. RelayChain can quickly enable any project’s tokens to be bridged at no cost to the project.