We are pleased to announce a collaboration between the Madfish and Allbridge teams to create cross-chain solutions and raise awareness of Tezos. The first step is developing a cross-chain bridge designed to attract the flow of liquidity from other blockchains to Tezos, increase its audience, launch cross-chain collaborations, and simplify the use of ecosystem products for users of other platforms.
Allbridge is a global cross-chain solution in the world of decentralized finance. Over $5.3 billion worth of assets have been transferred through this bridge. The following blockchains are supported:
- Polygon (Matic)
The launch of the cross-chain bridge to Tezos aims to incentivize and reward users from Tezos and other blockchains for providing liquidity on QuipuSwap.
Our QuipuSwap DEX will be used as a gateway for wrapped assets from other blockchains and will allow users to transfer their liquidity to Tezos and vice versa.
The launch of the bridge and the start of cross-farming is scheduled for the end of Q1 2022.
QuipuSwap is a decentralized trading protocol on the Tezos blockchain. Quipuswap allows the exchange of dozens of FA1.2 and FA2 tokens and is the largest DEX on Tezos. Quipuswap was developed by MadFish Solutions, which creates products for the Tezos Defi ecosystem, including the Temple Wallet extension and the upcoming Yupana Finance lending protocol.
Allbridge is a modern cross-chain solution, a bridge that connects 12 blockchain protocols to each other. Allbridge allows users to move assets between EVM and non-EVM compatible blockchains and L2 solutions. It plans to expand support for NFT tokens in the future. Allbridge partners include dozens of market leaders, including Race Capital, Solana, NEAR, Saber, HAPI, and other high-profile projects.