ThunderCore Strengthens Partnership with Multichain for Advanced EVM Routing
Announcements

ThunderCore Strengthens Partnership with Multichain for Advanced EVM Routing

3m
1 year ago

ThunderCore Strengthens Partnership with Multichain for Advanced EVM Routing

Tabla de contenidos

As a high performance layer-1 blockchain, ThunderCore has strengthened the cooperation with Multichain to improve the cross-chain asset transfer capabilities and liquidity on the immensely popular Web3 platform. As part of this enhanced collaboration, ThunderCore will leverage Multichain's advanced bridging technology to enable seamless cross-chain asset transfers between ThunderCore and other EVM-compatible blockchain networks. By improving the interoperability between different blockchain , ThunderCore aims to foster a vibrant DeFi and GameFi ecosystem that promotes efficient asset usage and seamless user experiences.

Multichain as ThunderCore's EVM Router

Multichain will serve as ThunderCore's EVM Router, providing a seamless cross-chain asset transfer experience for ThunderCore users. With Multichain as the main bridge service for ThunderCore, users will be able to easily transfer tokens with ETH, WBTC, BNB, SUSHI, and stablecoins such as USDC, USDT, and BUSD between the two platforms. This integration will improve the cross-chain asset transfer from ETH, BSC, Polygon, Avalanche, Arbitrum and Optimism. We expect it will bring more liquidity and represents a significant milestone for ThunderCore and reinforces its commitment to delivering innovative blockchain solutions that empower users and drive the adoption of decentralized technologies.

ThunderCore TVL set to rise

Multichain’s integration will have an immediate effect on ThunderCore’s Total Value Locked (TVL), which currently stands at just under $3 million according to DeFiLlama. Providing access to more services and users, it should see ThunderCore become one of the top 30 blockchains on Multichain by TVL, thanks to its access to Multichain’s $1.85 billion in TVL and interoperability with over 80 supported chains.

This is a very significant achievement that will increase ThunderCore exposure to a huge audience of DeFi investors and attract more users to its ecosystem.

Future Plans

ThunderCore's commitment to innovation and growth is unwavering, and it has a strong roadmap of upcoming milestones that promises to bring exciting developments. In the next phase, ThunderCore will focus on enhancing the efficiency of asset transfer for DeFi projects and developers by integrating Multichain's cross-chain router. This move will enable seamless cross-chain asset transfers and allow ThunderCore to be listed on top decentralized exchanges, further solidifying its position as a mainstream blockchain.

The integration with Multichain is poised to open up a world of new possibilities for ThunderCore, and it highlights its potential for strong future growth in the Web3 ecosystem. With so much upside in the pipeline, ThunderCore is well-positioned to capitalize on the growing demand for decentralized technologies and drive adoption among users. The integration with Multichain represents an exciting new chapter for ThunderCore, and the team is looking forward to the opportunities it will bring as it continues to deliver innovative solutions that empower its users.

About Multichain

Multichain launched in June 2020 as Anyswap to address the need for distinct and diverse blockchains to communicate with one another. Multichain improves interoperability across different networks and actualizes smooth asset and value transfers as a cross-chain architecture. With a daily volume of over $100 million and TVL of $3 billion, Multichain is the leader in the cross-chain sector, with tens of thousands of daily users attesting to its popularity and security.

About ThunderCore

ThunderCore is a powerful layer-1 network among the world’s top 5 blockchains by daily active user count and the only platform growing DApp users organically through strategic ecosystem retention, which will be the key driving force behind the real mass adoption of blockchain.

Its unique proof-of-stake (PoS) architecture, EVM compatibility, entertainment-first ethos, and deep developer support provide a battle-tested home for the next generation of crypto innovators across Web3, DeFi, NFTs, GameFi, and the metaverse.

0 people liked this article

Related Articles

Announcements
Onmeta Partners with Hedera for Streamlined HBAR Access and Enhanced Blockchain Adoption
Onmeta teams up with Hedera for seamless HBAR access. Collaboration drives blockchain adoption and empowers decentralized applications.
1 year ago
2m
Crypto News
Litecoin price analysis: Trend Reversal Sends Litecoin Value Down to $80
Today’s Litecoin price analysis indicates a downward trend as a bearish shift has been recorded, leading to a decrease in its value. The cryptocurrency’s price has been impacted by this...
1 year ago
3m
Crypto News
Musk’s tweet boosts Miladys NFT collection
Twitter CEO and tech magnate Elon Musk has once again demonstrated his profound influence on the crypto market, this time in favor of the counterculture non-fungible token (NFT) collection, Miladys...
1 year ago
3m
Crypto News
10T Holdings to Launch a $200M Crypto Fund: Report
10T has previously invested in several prominent crypto and Web3 firms including Kraken, Yuga Labs, and Ledger. The post 10T Holdings to Launch a $200M Crypto Fund: Report appeared first on Tokenist.
1 year ago
4m
Crypto News
Fifteen of the coolest things Google announced during Google IO 2023
At the annual Google IO developer conference, a wide array of cutting-edge technologies and updates were showcased, all…
1 year ago
8m
Crypto News
Bitcoin Price Analysis: Bears Targeting 27242 - 12 May 2023
BTC/USD Bears Targeting 27242:  Sally Ho’s Technical Analysis – 12 May 2023 Bitcoin (BTC/USD) awaited technical clarity early in the Asian session as the pair experienced heightene...
1 year ago
2m