2022 Cross-Chain Crypto Swap CelsiusX: Exchange Wrapped ADA & Bridge To Polygon
Branch out with your blockchains this year courtesy of CelsiusX's cross-chain liquidity platform. CelsiusCow.com - a digital currency website - has released a new guide to the Celsius Network's cross-chain liquidity bridge.
The latest launch from CelsiusCow.com, in association with The Digerati Premium, offers you an in-depth look at how the Celsius Network's lending platform is offering you a way to use your crypto assets as collateral for financing. The program seeks to widen the scope of opportunity for users through no-fee gas services alongside free wrapping and bridging features.
CelsiusX creates a new infrastructure by facilitating the wrapping and bridging of wrapped Cardano, wrapped Dogecoin, and wrapped Ether into an ERC-20 standard. This sets CelsiusX apart from similar platforms that must rely on a trusted centralized third party.
The CelsiusCow.com report goes on to explain the long- term goals of CelsiusX. With a system that locks assets in an externally-owned vault on Enzyme Finance, the platform cannot mint more coins than are available.
After the launch of the CelsiusX bridge, the process of uniting the ecosystems of CeFi and DeFi will continue, moving towards true decentralization and self-sovereignty of your assets. In the near future, CelsiusX will enable the wrapping of other altcoins besides ADA, DOGE, and ETH.
While the platform currently operates on the Polygon blockchain, as a CelsiusX user, you will also harness the interconnection opportunities across other chains such as Avalanche and Arbitrum. Disclaimer: This information does not constitute investment advice or any other kind of advice.
Go to: https://celsiuscow.com/what-is-celsius-x for more details.
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