DRIFT Labs Integrates Chainlink CCIP to Unlock Cross-Chain Token Transfers

We’re excited to announce that DRIFT Labs has integrated Chainlink CCIP — the industry standard for secure cross-chain interoperability — across the BNB Chain, Ethereum, and Polygon mainnets. We’re leveraging CCIP’s arbitrary messaging functionality to facilitate cross-chain transfers of DRIFT, enabling users to seamlessly transfer their DRIFT tokens across the BNB Chain, Ethereum, and Polygon networks.

We selected CCIP as our preferred interoperability solution because Chainlink has the most proven track record of maintaining the highest standard of security and reliability in the Web3 industry. Furthermore, CCIP is backed by the Risk Management Network — a separate, independent network that continually monitors and verifies cross-chain operations for suspicious activity. This additional layer of security is particularly important given historical industry exploits and the billions in user funds lost due to insecure and unreliable cross-chain infrastructure.

DRIFT Labs has been aiming to provide its community of Web3 enthusiasts and gamers with a cross-chain token. The integration of the cross-chain standard gives DRIFT users more choice over which network they prefer, enhancing the utility of DRIFT Labs’ ecosystem of products, and providing an overall better user experience.

In order to help secure our cross-chain token transfers, we needed access to a highly secure and reliable interoperability solution. After reviewing various solutions, we integrated Chainlink CCIP because it provides a multitude of important benefits and features, such as:

• Time-tested security and reliability — CCIP’s consensus and messaging layer is powered by Chainlink decentralized oracle networks, which have already secured tens of billions of dollars for smart contracts and enabled over $12 trillion in onchain transaction value. CCIP also features additional layers of protection and reliability via the Risk Management Network and Smart Execution.
• Seamless integration — CCIP offers a unified cross-chain developer experience by providing a single, easy-to-integrate interface. Developers only need to integrate the CCIP Router onchain to start building secure cross-chain applications.
• Scalable architecture — CCIP eliminates the need for developers to write custom code for chain-specific integrations, while users can interact with any blockchain via a single interface.
• Future-proof — CCIP is built to support continuous updates, such as the integration of new blockchains, the introduction of advanced functionalities, and the addition of other defense-in-depth approaches to security. Thus, integrating with CCIP eliminates future switching costs should new cross-chain functionalities be needed.

DRIFT Labs plans to extend DRIFT’s cross-chain capabilities to include other networks over time, via the integration of Chainlink’s industry-standard CCIP. DRIFT Labs is also exploring the integration of Chainlink Price Feeds for enabling secure market data and Chainlink Automation for helping to transfer game event earnings cross-chain for ease of claiming.

“At DRIFT Labs, we’re determined to give our gamers the best possible user experience. If the userbase of Web3 is to expand, two things need to happen: interacting onchain needs to become seamless, and users should have more choice. This is why I think interoperability is going to become increasingly important over time. The industry-standard Chainlink CCIP helps facilitate cross-chain transfers of DRIFT, which allows Drift Labs to expand into the multi-chain ecosystem — our community can now ‘drift’ to where the market takes them.” — Paul de Havilland, DRIFT Labs Chief Strategy Officer

About Chainlink

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $12 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.

About DRIFT Labs

DRIFT Labs is the brightest burning gaming studio in Web3. It boasts a suite of GameFi projects in the pipeline and the DRIFT token. DRIFT Labs’ first product, Payout Pursuit, is playable on browser, and the startup has a host of well-known partners it is working alongside. The aim of DRIFT Labs is to create a large suite of pay-to-play/win-to-earn skill-based games.

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