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Octus Bridge (BRIDGE) is a decentralized cross-chain bridge enabling fast and secure token transfers between blockchains. With a total value transferred of $63 million and a TVL of $75.12 million, Octus Bridge provides a seamless interface for users to transfer tokens in any direction. The bridge is governed by a DAO, preventing centralization and giving control over assets and transfers to the DAO. The bridge operates on the Everscale blockchain, allowing high transaction speeds with an average block time of 0.2 seconds. Token transactions on Everscale are exponentially cheaper than on Ethereum, making Octus Bridge an affordable option for users.
Octus Bridge is a multi-network bridge that supports assets from numerous blockchains, all connected to a single interface. This allows users to simultaneously operate with assets from different blockchains, providing limitless opportunities for cross-chain transactions. The bridge is completely transparent and secure, with all operations performed through open-source EVM and Everscale smart contracts. The Everscale DeFi Architecture & Design and Implementation contests also audited and verified the bridge. BRIDGE token owners have the power to vote on certain operating decisions, making Octus Bridge a community-driven project focused on continuous improvement.
Octus Bridge offers a user-friendly experience, allowing individuals to transfer any token, including their own, between different blockchains. The bridge supports bidirectional transfers for Ethereum, Polygon, BNB chain, Fantom Opera, and Everscale networks. Users can connect their EVER Wallet and MetaMask to initiate transfers, select the desired token and amount, and complete the transfer in four simple steps. The bridge also offers token staking and relayer opportunities, allowing token holders to earn additional rewards and impact the bridge’s governance through voting. Whether it’s online auctions, prediction markets, games, or NFT marketplaces, Octus Bridge enables dApps on different blockchains to benefit from the multi-blockchain capabilities provided by the DAO-controlled bridge.
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