press launch
PRESS RELEASE. EverRise, the blockchain bridging and safety resolution supplier that introduced the buyback to crypto, expanded to the Fantom and Avalanche blockchains over the weekend. With the addition of those two blockchains, the EverRise token (RISE) and ecosystem is now obtainable on a complete of 5 blockchains.
The Fantom and Avalanche blockchains supply EverRise an thrilling alternative to make their dApps extra broadly obtainable. Fantom’s mainnet was launched in December 2019 and their TVL lately surpassed Binance Good Chain. The Avalanchemainnet launched in September 2021 and presently helps over 400 initiatives with over 1.3 million customers.
“The Fantom and Avalanche blockchains have a variety of potential for progress and bringing the EverRise ecosystem to those networks furthers our mission to deliver safety to all of DeFi.” – Suresh Maddineni, CEO and Founder EverRise
Customers will even be capable of swap FTM and AVAX cross-chain to ETH, BSC, and Polygon through EverRise’s Native Coin Swap (NCS) function on EverSwap. The NCS permits cross-chain conversions between the native cash of the blockchains EverRise is on the market on at block velocity. Using the EverRise developed dApp EverSwap, and the know-how behind EverBridge, customers are in a position to shortly and securely swap between ETH, BNB, MATIC and now FTM and AVAX.
Venture builders and customers on Fantom and Avalanche will even now have entry to all dApps presently obtainable: EverOwn, EverBridge, EverMigrate, EverSwap, and EverStake.
The RISE token is on the market by means of EverSwap on any obtainable blockchain or by means of SpookySwap on the Fantom Community and TraderJoe on the Avalanche Community. EverSwap is a dApp a part of the EverRise Ecosystem that enables for transaction tax to be collected in native coin as a substitute of tokens to alleviate promote stress when tokens are liquidated.
The growth is made doable by EverBridge, a novel method to the cross-chain bridge idea launched final October. Matching circulating provides have been minted on Fantom and Avalanche and locked inside the bridge.
About EverRise
EverRise is a blockchain know-how firm targeted on rising accessibility to decentralized finance by bringing safety options to the house. By an modern ecosystem of decentralized purposes, EverRise gives traders and builders the instruments to entry the widest doable market with the utmost degree of safety. They’re working in direction of the mass adoption of security protocols throughout Ethereum, Binance Good Chain, Polygon, Avalanche and Fantom networks and presently supply 5 safety dApps: EverBridge, EverOwn, EverMigrate, EverStake and EverSwap, with extra on the best way.
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