Trusted by Polygon, DCTDAO with it’s team of European based expert engineers is building the next cross-chain bridge between Polygon and Avalanche to bridge tokens and NFTs enabling projects from both chains to leverage each others’ ecosystems and technological advantages. In addition, soon after DCTDEX users will also be able to swap on Polygon blockchain with new potential liquidity provision possibilities on the DCTEX. This arrangement will also open up possibilities of cross collaborations between Polygon, Avalanche and DCTDAO projects that will mutually benefit the ecosystems
DCTDAO, the creator of DCTDEX, gas-less quantum proof cross-chain DEX and ecosystem of DeFi Dapps built on Avalanche have commenced building a new bridge between Polygon and Avalanche blockchains for tokens and NFTs. This connection that will be made between the two giant blockchains will be exclusively developed by DCTDAO, enabling 273 projects and thousands of Avalanche’s builders and users to be able to bridge Tokens and NFTs to another massive and blazingly fast blockchain ecosystem: Polygon and vice versa!
What does it mean for Polygon
Projects, builders, users and creators from Polygon will be able to utilize, trade, swap or create on the fastest smart-contracts platform in the blockchain industry, as measured by time-to-finality, with the most validators securing its activity of any Proof-of-Stake protocol. This will be achieved by simply bridging through the new DCTDAO bridge. Boasting over 1.55 Billion Dollars TVL and hundreds, thousands of users, having a cross-chain bridge to Avalanche will open up new worlds of possibilities for Polygon users as well as projects keen to join the new interoperable future!
What does it mean for the Avalanche Ecosystem
Polygon, as a well-structured, easy-to-use platform for Ethereum scaling and infrastructure development has been the blockchain of choice for more than 500+ unique Dapps and is home to major platforms for NFTs and Valuables like Opensea, and DeFi platforms such as Sushiswap, Aave and Curve. The DCTDAO bridge will open up new realms of possibilities for thousands of NFT artists on Avalanche to put their work in Opensea at blazingly fast speeds, and incredibly low, near gas-less fees, and thus solving Ethereum’s current scalability issues. This huge market will allow millions of users from Avalanche to have access to the ‘11 Billion dollar’ industry of TVL on Polygon.
How will it affect DCTDAO
The DCTDAO decentralized cross-chain bridge for Polygon and Avalanche will potentially enable billions of dollars in value to pass through all three ecosystems.
The robust yet gas-less nature of the Polygon blockchain is also in line with the value proposition of DCTDAO, which will soon be able to swap Polygon based tokens on the DCTDEX platform in a gas-less, secure and fast manner.
Also through this collaboration, Polygon will endeavour to introduce DCTDAO to various Polygon projects that potentially will enable liquidity on DCTDEX for DCTDAO’s users to swap various Polygon based tokens with ease and a minimum price impact.
DCTDAO has hit the ground running with the development of the bridge between Polygon. Both teams from DCTDAO and Polygon are paving the way for the newfound cross-chain awareness through co-marketing and cross introductions to various projects. Through this integration DCTDAO will be one step closer to becoming the world’s most interconnected, secure cross-chain DEX. Watch this space and join all our major announcement platforms to keep up with the latest developments and updates.
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is the Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 500+ Dapps, ~567M+ txns, and ~6M+ daily txns.
Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is the first decentralized smart contracts platform built for the scale of global finance, with near-instant transaction finality. Ethereum developers can quickly build on Avalanche as Solidity works out-of-the-box.
DCTDAO is the creator of the first Gas-less Quantum Proof Cross-Chain DEX, that runs on DCore Polkadot Moonbeam Avalanche and more called DCTDEX. DCTDAO will also create DAPPs for Token Wrapping, Project Governance Platform with the whole ecosystem being powered by DCTDAO native token called DCTD.
At the current version, DCTDAO already have an operational crosschain bridge from Ethereum to Avalanche that only cost bridge fee of $2, the cheapest in the industry. DCTDEX also currently built on Avalanche blockchain, which enable super fast and gas-less swapping.
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