PowerPool integrates deBridge to enable cross-chain operations for CVP token

PowerPool integrates deBridge to enable cross-chain operations for CVP token

Expanding Cross-Chain Capabilities

PowerPool, a decentralized network for automating smart-contracts execution and on-chain strategies, is integrating deBridge as a key infrastructure layer for its cross-chain operations.

PowerPool is ready to launch its testnet and subsequent mainnet on Ethereum, at the same time planning the expansion to other EVM chains. To achieve this, the protocol needs a reliable infrastructure for its cross-chain deployment, specifically for bridging tokens — this is where deBridge comes in. By integrating deBridge, PowerPool can now enable multi-chain support with a decentralized infrastructure, lightning-fast transactions with low fees, and top security guarantees with our zero-TVL design.

deBridge is a powerful and flexible infrastructure layer that makes it easy for projects like PowerPool to expand across multiple chains, without compromises on security or reliability.

PowerPool has developed a solution on top of deBridge for bridging tokens, starting with BNB Chain, with more chains to come in the near future. It’s important to point out that after BNB Chain, other chains can be added quickly. This will enable transfers not only from Ethereum to the destination chain, but also seamlessly between other chains like BNB Chain and Gnosis Chain.

By leveraging deBridge, the protocol can launch and grow a truly decentralized and robust autonomous smart-contract execution network that will bring value to different chains. PowerPool is now ready to explore the opportunities of the multi-chain ecosystem, deliver innovative solutions to its users and expand its capabilities across chains to bring new utility to its automation infrastructure.

The synergy between PowerPool and deBridge marks another significant milestone in the development of cross-chain solutions, highlighting the potential of interoperability to foster collaboration and innovation. PowerPool's focus on decentralization and robust smart-contract execution automation, coupled with deBridge's cross-chain capabilities, will deliver a powerful and reliable solution for cross-chain operations.

About PowerPool

PowerPool is a decentralized network for guaranteed automatic transaction execution and off-chain computations for Defi, Web3 apps and individuals. PowerPool Protocol includes PowerAgent, the decentralized network of Keepers for automated transaction execution based on on-chain and off-chain conditions.

About deBridge

deBridge is a secure cross-chain infrastructure for high performance interoperability. By removing the bottlenecks and risks of liquidity pools, deBridge enables DeFi applications to scale faster with ultra capital-efficient and deep liquidity transfers across chains. For more information visit: https://debridge.finance.

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