Celer Network is excited to announce the successful implementation of bridging support for Darwinia’s new EVM-compatible companion network – Crab Smart Chain via the Open Canonical Token Standard. Users can now bridge USDT and USDC between Ethereum and the Crab Smart Chain quickly, securely, and with very low costs!
Celer-bridged token addresses on the Crab Smart Chain:
The Darwinia Network project started in late 2018 when Parity released the Substrate toolkit project. Darwinia implements a decentralized network that acts as a relayer chain between major blockchains and enables asset transfers in a decentralized and permissionless non-custodial way. Darwinia was designed to operate as a parachain of Polkadot but can also work in Solo mode as an independent network with its own consensus, security, and cross-chain functionalities.
Darwinia’s companion network, the Crab Network, is an Ethereum-compatible smart contract platform on the Kusama Network, which supports a full Ethereum-like environment and works with industry-standard Ethereum tools, DApps, and protocols. Opening up many new and exciting opportunities!
Initially, Celer’s bridging support will include USDT and USDC via the Open Canonical Token Standard, and will extend to other tokens in the future, enabling a more secure and flexible approach to facilitate interoperability between Darwinia, the Crab Smart Chain, and the broader blockchain space.
Celer will keep working with other core interoperability contributors to promote the open standard as a default deployment model. Massive efforts have been seen from different chains and protocols like Darwinia in raising the awareness of phasing out bridging practices that come with innate vendor lock-in implications. What this will mean is a future blockchain space with not only just workable interoperability, but more decentralized, secure and upgradable cross-chain potential.
About Darwinia Network
Darwinia Network is a decentralized cross-chain bridge network building on Substrate. It provides a safe and general bridging solution, and connects to Polkadot, Ethereum, TRON, and other public chains by cross-chain transfer of assets and remote chain calls. The application areas of Darwinia Network include DeFi, cross-chain NFT trading, games, etc.
To learn more about the Darwinia Network, visit https://darwinia.network/
About Celer Network
Celer is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, privacy solutions and more across multiple chains. Developers can build inter-chain-native dApps using the Celer Inter-chain Message SDK to gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.
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