Post
Stablecoin staking starts at 44% annualized, learn about Dex and cross-chain bridges on Alephium
Last time, I shared with my friends on Binance Square the booming Defi ecosystem on Alephium. Today, I will teach you how to use the cross-chain bridge to cross from BSC to Alephium to obtain the super high annualized rate provided by the LP liquidity pool.
Alephium is a new generation of PoW public chain headquartered in Switzerland. The project was established in 2019 and the mainnet has been online for three years. In recent months, the TVL on the chain has continued to reach ATH.
How to cross chain:
1. Before bridging assets, you need to do the following preparations:
Compatible Wallets: Use any wallet that supports Alephium.
Gas Fees: For BSC to Alephium transfers, you’ll need $BNB to pay for gas. But don’t worry — Alephium has a faucet that will give you $ALPH for free to pay for your initial transaction.
Alephium is a new generation of PoW public chain headquartered in Switzerland. The project was established in 2019 and the mainnet has been online for three years. In recent months, the TVL on the chain has continued to reach ATH.
How to cross chain:
1. Before bridging assets, you need to do the following preparations:
Compatible Wallets: Use any wallet that supports Alephium.
Gas Fees: For BSC to Alephium transfers, you’ll need $BNB to pay for gas. But don’t worry — Alephium has a faucet that will give you $ALPH for free to pay for your initial transaction.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.