EasyFi announced a partnership with Voyager to launch its latest 3-Way Multichain Bridge. The bridge will facilitate quick EZ token transfer across Ethereum, Avalanche, and BNBChain.
This is the first service, and utility EasyFi has added to Avalanche since its platform launch. The development aligns with EasyFi’s previous announcement, where the platform promised to enable cross-chain transfers for EZ tokens.
The platform released an official post to inform users about the bridge and its functioning. Here is how they will work:-
Bridge 1: BNBChain to Ethereum
This bridge allows users to send EZ tokens from the BSC to ETH using Voyager in a 1-to-1 ratio. Users merely have to follow the given steps to do so:-
- Start by signing on to the dApp
- Choose the From (BSC) and To (Ethereum) chains
- Next, select the EZ token to start the process
- Submit the desired amount and complete the transaction
Bridge 2: BNBChain to Avalanche
As mentioned, this is the first utility EasyFi has added for EZ holders on Avalanche. The development allows users to easily swap EZ tokens across Binance Smart Chain and Avalanche chains. The process to do so is the same as mentioned for the first bridge.
Bridge 3: Ethereum to Avalanche
This bridge completes the 3-way interaction channel between the chains. It will help users buy, swap, sell, and move EZ tokens throughout different networks. Users can also follow the same steps to work the swap on this bridge.
Each of these bridges will enable future products and programs, like Electric, Blend, and many more. Given the stature of the involved parties, the collaboration is likely to yield high-quality results.