Waves Protocol
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Waves Protocol

IOST connects Gravity Network to foster cross-chain functionality

As Gravity expands the list of its target chains, IOST is joining the likes of Waves, Ethereum, and Tron.

We are excited to announce that IOST network is joining Gravity, a cross-chain oracle and communication network, as a target chain. IOST will become one of the platforms connected to Gravity, along with Waves, Ethereum and Tron.

As a result of this integration, users will be able to benefit from the cross-chain compatibility between IOST and all Gravity target chains, gaining access to powerful Web 3.0 solutions, such as inter-chain DeFi (InDeFi)

New trading opportunities

The SuSy gateway protocol is used for cross-chain token swaps and operates on top of the Gravity protocol. Therefore, IOST tokens will be accessible as wrapped tokens on chains that the Gravity protocol is integrated with, including Ethereum, Tron, Solana and Waves. This will pave the way to IOST listing on decentralized exchanges, such as Waves.Exchange.

Additional liquidity

Gravity is a blockchain-agnostic solution: there is no specific “Gravity” token, instead, tokens of target chains are used. Similarly to ETH, TRX, WAVES and others, it will be possible to use IOST to pay fees and for node owners as collateral, which will add liquidity to IOST.

Decentralized oracle solutions

Adding the Gravity oracle solution to the IOST network will bring about new opportunities for IOST dApp developers. The use of Gravity data providers will make it possible to retrieve off-chain data via smart contracts in a decentralized way, improving developers’ experience in the IOST network.

In turn, the integration of IOST will make the Gravity network more powerful, providing access to new dApps and tokens for users of all connected blockchains.

We are glad to welcome IOST, which has swiftly risen to become a leading public blockchain, renowned for its numerous government collaborations and enterprise partnerships around the world.

About IOST

Supported by Sequoia, Matrix, ZhenFund and other major investors, IOST is an enterprise-level blockchain platform developed for online service providers.

The IOST project team is currently mainly composed of R&D personnel focusing on blockchain distributed technology. The team is formed by more than 50 blockchain industry experts who have graduated from world top universities such as Princeton, Stanford, MIT, Tsinghua University, and Beijing University, and have more than three years of blockchain-related research experience.

With a one-year-old mainnet, IOST has swiftly risen to become a world-leading public chain renowned for its numerous government collaborations and enterprise partnerships around the world. IOST is one of the Big Four public chains with a rich user base and real applicability alongside Ethereum, EOS, and TRON. 500,000 community members, over 20 countries worldwide, and over 400 nodes, top staking economy, and growing.

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Waves Tech

Waves Tech

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Waves Tech is a powerful blockchain-agnostic ecosystem focused on inter-chain DeFi, the embodiment of technological freedom for blockchain-based finance.