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

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).”

The Injective Bridge is now live and offers seamless cross-chain interoperability.

🌉Transfer assets across Ethereum and Injective
⚡️Lightning fast with the lowest costs
⚛️A future gateway to DeFi across Ethereum, Injective and @cosmos

— Injective Labs 🪐 (@InjectiveLabs) September 14, 2021

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.

read more