Scaling ETHx: Crossing the Bridge to Ethereum Layer 2 Solutions
ETHx is committed to the scalability of the Ethereum network and unlocking the full potential of ETHx. By partnering with Xswap and ChainLink’s groundbreaking CCIP, ETHx is at the forefront of the multi-chain revolution.
The Ethereum ecosystem is rapidly evolving, and Layer 2 solutions are leading the charge in scaling the network. These L2 blockchains offer faster and cheaper transactions while inheriting the security of the Ethereum mainnet.
What if you could bring your ETHx to these L2 solutions for more accessible and rewarding DeFi opportunities at a fraction of the gas cost?
Well, the wait is over! Thanks to the power of XSwap and ChainLink’s Cross-Chain Interoperability Protocol (CCIP), you can now bridge your ETHx to Arbitrum and Optimism, unlocking a whole new world of possibilities for DeFi with ETHx and beyond.
What is ChainLink’s CCIP?
ChainLink’s Cross-Chain Interoperability Protocol (CCIP) is a technology that enables secure and trustless communication between blockchains. By leveraging a decentralized network of oracles, CCIP facilitates the seamless transfer of data and assets across different chains, opening up a multiverse of cross-chain applications. Learn more about it here.
Bridging ETHx to L2 with XSwap and CCIP
XSwap, a DEX built on Ethereum, has integrated CCIP to allow users to bridge their assets to Ethereum Layer 2 solutions.
ETHx’s latest integration with ChainLink and XSwap will now enable users to bridge their ETHx to Arbitrum and Optimism.
Here’s a step-by-step guide on how you can bridge your ETHx to Layer 2 solutions using XSwap:
- Visit this Xswap Bridge dApp here
- Now connect your Ethereum wallet
- In the “You Bridge” section, select the token as ETHx and the chain as Ethereum and enter the amount you wish to bridge
- In the “You Receive” section, select the token as ETHx and your desired chain to bridge to
- Click on “Approve” and approve the transaction on your wallet
What’s next?
With your ETHx now accessible on Arbitrum or Optimism, the possibilities are endless.
This is just the beginning! Soon you would be able to participate in DeFi opportunities and earn extra rewards with ETHx on L2s.
Stay tuned as we unveil exciting DeFi integrations and opportunities for ETHx on Layer 2 solutions.
ETHx is committed to the scalability of the Ethereum network and unlocking the full potential of ETHx. By partnering with Xswap and ChainLink’s groundbreaking CCIP, we are at the forefront of the multi-chain revolution. Xswap and CCIP enable ETHx to transcend the limitations of Layer 1 and thrive on Layer 2 scaling solutions like Arbitrum and Optimism. Unleash your ETHx, and let your rewards soar to new heights with ETHx on L2s.
Start by staking your ETH here.