Home Blockchainpopular-post Zilliqa (ZIL) and Switcheo Network are building a Bridge to Ethereum

Zilliqa (ZIL) and Switcheo Network are building a Bridge to Ethereum

Zilliqa Switcheo Bridge Ethereum

Zilliqa (ZIL) and Switcheo Network are building a Bridge to Ethereum. Why is it exciting?

Most blockchains operate in silos, meaning they can only read, transact, and access data within a singular blockchain – limiting blockchain user experience & hindering user adoption. W/ interoperability, users can transact and benefit from cross-chain – DeFi ecosystems.

The ZIL-ETH bridge will push interoperability. It’ll encourage usability and adoption, help devs more consumers & encourage them to leverage the best features of each chain. Later, it’ll have functionalities to enable token swap [ERC20-native ZIL] for those who missed it.

The bridge’s testnet version will go live soon. We’re offering ZIL to those who provide constructive feedback during the beta testing round – whether on UI/UX or the tech. Read the blog for the reward details.

The bridge mainnet launch will be complemented by some amazing incentives for liquidity providers – who can earn up to USD 3.5 million worth of ZIL over 6 weeks in exchange for moving over assets like WBTC, ETH and USDT to Zil swap.

Community response: Presume the liquidity would be provided on the ETH / ZIL pair. Should we start unbonding our ZIL from staking to get ready? Or is this still a while off? Did I read incentives?

Just the update I have been looking for! Great job! Although taking longer than hoped, sounds like you are doing it right and appreciate the clear insight into what to expect.

The idea was good a year ago. But It’s too late now.  The competition went ahead and left Zilliqa far behind.

Most concepts/projects have an original thought date, then it takes time to execute. They put out a timeline, & so far are hitting it. Which competitors soared by us?

What’s disappointing is that last year we were promised the bridge by March 2021. Then it got pushed back to Q2. Now at the end of Q2, you’re telling us the testnet is coming soon. When you say something is going to be ready, we expect the mainnet release. Not the testnet.

The bridge should be live very soon. Cardano is coming too.  Another news for price dumping!  Curious about the loss of next week. 70% and counting. Don’t make the same mistake please. Where do all these sell orders come from? So much staked and recent update on the bridge just announced. Drops twice as hard as Bitcoin drops and still dropping when Bitcoin goes up.

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Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

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