August 15, 2022 - 4 min read
SupraOracles is delighted to announce a partnership with Bridge Network. Bridge Network is the first cross-chain hub in the DeFi ecosystem, offering users and developers the means to easily transact between blockchains.
The bridge toolkit consists of four tools tied to the Bridge Network protocol’s core. The toolbox includes a token bridge, an NFT bridge, a multichain explorer, a cross-chain yield aggregator, and much more. As a result, users can transport a cryptocurrency or non-fungible token across chains, trade multiple assets across chains, or establish their bridge without development knowledge.
Any token issuer may publish their token and enable multichain capabilities on their asset with relative ease. Token issuers gain 20% of the bridging fee when users bridge their tokens through a bridge network. The Bridge Network protocol enables seamless cross-chain liquidity transfer. This is possible with the collaborative efforts of the bridge tools, which provide seamless transactions and a user-friendly experience.
SupraOracles will supply Bridge Network with oracle toolkits through this partnership which will help them create their cross-chain yield aggregator, multichain explorer, cross-chain token bridge, NFT bridge, and other future plans.
Samuel Eke, CTO, and Co-founder of Bridge Network, commented:
“Bridge Network offers a distinctive experience to the multichain community with a scalable, secure, and reliable infrastructure that makes transferring cross-chain less complicated. SupraOracles is the right partner for us as they will be assisting in bridging the cross-chain gaps.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“SupraOracles supports them in their mission to create a cross-chain hub that would offer users a frictionless and trustworthy environment to conduct straightforward transactions. Bridge Network is a decentralized cross-chain hub which needs bridging the cross-chain gaps, so we will be gladly helping them with that.”
SupraOracles wants to bridge the gap between traditional capital markets and Web3. Our goal is to give the developer community a breakthrough oracle toolset that allows them to effortlessly build, deploy, and manage data applications with improved performance, robustness, and agility.
Experts in consensus mechanism design, randomness research, real-time data services, investment banking, digital securities, traditional stock exchanges, big data, Ph.D. academics, big four consulting, blockchain/DLT, and DeFi make up our team.
With the support of our developer community and a growing number of partners, SupraOracles hopes to solve the oracle problem and eventually power the future of finance.
Bridge Network provides the capabilities a user may require to transact smoothly between blockchains. Bridge Network is a decentralized hub that provides cross-chain mobility solutions to users and developers. The protocol seeks to serve as a centralized hub for all cross-chain activities. It hosts a collection of advanced technologies allowing frictionless movement across EVM and non-EVM blockchains.
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