eBridge Goes Live on the aelf Blockchain, Enabling Seamless Token Transfer Between aelf and EVM Ecosystem

eBridge
3 min readDec 26, 2023

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We are proud to announce the launch of eBridge, the first ever cross-chain bridge that connects aelf Mainnet to Ethereum and BNB Smart Chain (BSC).

🔗 https://ebridge.exchange/ 🔗

About eBridge:

Born as a bounty programme on the aelf blockchain and incubated by aelf Ventures, eBridge is dedicated to providing the aelf community and users, across major networks like Ethereum and BSC, with a seamless and cost-effective cross-chain experience. Currently, eBridge facilitates the effortless transfer of leading tokens like ELF, ETH, BNB, USDC, USDT, and DAI. As the project evolves, eBridge will extend its network coverage and support for various asset types in the future.

eBridge services are currently available through two platforms: the eBridge website and Portkey App. Users of Portkey can access via the “Deposit” button on the home screen and then select “Bridge” in the menu.

Advantages:

While there are many cross-chain bridges in the market, eBridge stands out in three key aspects:

1 . Groundbreaking:

eBridge is the pioneer and currently the sole cross-chain bridge enabling bidirectional transactions of various tokens between aelf and other blockchains. Beyond ELF, users can seamlessly transfer native tokens (on other chains), stablecoins, and their other favourite digital assets in and out of the aelf ecosystem.

2 . Secure:

eBridge deploys Contracts across all supported chains, integrating intricate logics to interact seamlessly with diverse components. The oracle client, facilitating data communication between chains, ensures the prevention of malicious actions through the implementation of robust data confirmation thresholds.

3 . Simple and Intuitive:

The user interface is clean and straightforward, allowing users to connect their wallets, switch transfer directions, and execute token transfers with just one click. The integration with the Portkey SDK enhances convenience, enabling users to create aelf addresses using Web2 social information.

Post-transactions, records are automatically displayed on the dashboard, saving valuable time for users as this eliminates the need for manual tracking on explorers.

eBridge is set on expanding aelf users’ access to a wide array of popular tokens from various networks in the near term. eBridge is strategically positioned to boost asset liquidity across the expansive Web3 ecosystem in the long run.

eBridge — effortlessly bridging you in and out of the aelf ecosystem.

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eBridge
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Decentralized cross-chain bridge from aelf’s ecosystem