Connect with us

Altcoins News

Injective Protocol Releases INJ-ETH Bridge for Seamless Cross-Chain Interoperability

Published

3 years ago

on

Injective Protocol Releases INJ-ETH Bridge for Seamless Cross-Chain Interoperability

Injective, the cross-chain protocol built for decentralized finance applications announced the release of the INJ-ETH bridge. Now you can bridge any ERC20 token to the Injective Chain using the secure cross-chain Peggy Bridge.

According to the official statement, “The Peggy bridge enables lightning fast transfers and is one of the cheapest solutions on the market today (average transaction cost of ~$0.02 when transacting on the Injective Chain).”

Here are some of the features of the Peggy bridge:-

  • User-Friendly
  • Ethereum Native
  • Lightning Fast
  • Low Cost
  • Secure

This Injective bridge will serve as the gateway to innovative DeFi products being built on Injective such as the exchange, relayers, insurance funds, etc.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

Related Topics:

Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.