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Core DAO Launches Core Bridge, Huobi Confirmed as Validator
With the launch of Core Bridge, users can seamlessly transfer supported assets from Core DAO to other blockchains, including BNB Chain and Ethereum.
Core DAO News: Core Bridge Goes Live
Following the strategic partnership with LayerZero Labs in January, Core DAO has launched the highly anticipated Core bridge for users and developers. The move paves the way for more Core progress in Decentrallzed Finance (DeFi).
The Core bridge, powered by LayerZero, allows users to seamlessly transfer supported assets between the layer-1 blockchain and other industry-leading chains. As of writing, the Core bridge supports BNB and Ethereum chains, supporting USDC, USDT, and WETH.
Now, new users from supported blockchains can easily join the Core DAO ecosystem. The cross-chain transfer of assets is just an aspect of the bridge’s capabilities.
As reported by BSC News, it would allow developers to bridge other chains into their Decentralized Applications (dApps) while allowing them to utilize LayerZero’s cross-chain messaging framework to connect Core chain smart contracts to other blockchains.
Interested users should visit bridge.coredao.org to utilize the cross-chain bridge. You can also read Core DAO’s Medium publication to learn more about the innovation.
In another positive update, Core DAO has confirmed that Huobi has joined its ecosystem as a verifier. The top-tier exchange now supports the Core blockchain, allowing users to entrust their holdings of $Core to earn rewards. Huobi joins other top-tier protocols, including Everstake and InfStones Global, to validate transactions and run secure nodes for Satoshi Plus Consensus.
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