Average Ratings 1 Rating

Total
ease
features
design
support

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Binance Bridge serves as a vital link for accessing inter-blockchain liquidity, catering specifically to decentralized applications on the Binance Chain and Binance Smart Chain, while also facilitating the integration of valuable assets into the Binance Chain ecosystem. This service presents a robust option not only for users outside of Binance.com but for a wider audience as well. By merging these two channels, enhanced liquidity will flow into the Binance Chain ecosystem, allowing Binance.com to issue and secure additional token assets on both Binance Chain and Binance Smart Chain. Furthermore, it ensures a reliable and well-structured process for converting original tokens, thereby reinforcing its credibility within the market. As a result, users can expect a seamless experience when managing their assets across different blockchain networks.

Description

Frax operates as an open-source, permissionless protocol that is fully integrated on-chain, currently functioning on Ethereum and several other blockchain networks. The primary objective of the Frax protocol is to develop a highly scalable and decentralized form of algorithmic currency to replace fixed-supply digital assets such as Bitcoin. This innovative approach represents a significant shift in the design of stablecoins. While many existing stablecoin protocols have rigidly adhered to either being fully collateralized or entirely algorithmic without any backing, Frax introduces a hybrid model. Traditional collateralized stablecoins often face custodial risks or necessitate overcollateralization on-chain. In contrast, Frax uniquely combines both backed and algorithmic components in its supply, establishing itself as the first stablecoin to feature a portion of its supply as floating or unbacked. This duality not only enhances the stability of the currency but also paves the way for a more dynamic and adaptable financial ecosystem.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

BNB Smart Chain (BSC)
MetaMask
Aave
Binance Web3 Wallet
Canton
Crypto.com
Curve Finance
Ethereum
Fantom
Filet
Gate.io
MEXC
Matcha
Polygon
Risk Harbor
Solana
SushiSwap
Yearn
vfat.tools

Integrations

BNB Smart Chain (BSC)
MetaMask
Aave
Binance Web3 Wallet
Canton
Crypto.com
Curve Finance
Ethereum
Fantom
Filet
Gate.io
MEXC
Matcha
Polygon
Risk Harbor
Solana
SushiSwap
Yearn
vfat.tools

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Binance

Founded

2017

Website

www.binance.org/en/bridge

Vendor Details

Company Name

Frax

Founded

2019

Country

Cayman Islands

Website

frax.finance/

Product Features

Alternatives

Alternatives

Meter Passport Reviews

Meter Passport

VoltSwap
EverBridge Reviews

EverBridge

EverRise
TrueFi Reviews

TrueFi

TrustToken