Koinalert - 9/14/2021 7:12:08 AM - GMT (+0 )
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:-
- Ethereum Native
- Lightning Fast
- Low Cost
This Injective bridge will serve as the gateway to innovative DeFi products being built on Injective such as the exchange, relayers, insurance funds, etc.