SeeleN Mainnet Cross-chain Bridge Now Launched for Seamless Asset Swap
The SeeleN mainnet cross-chain bridge is now available, enabling users to seamlessly swap assets between the Ethereum and SeeleN mainnet.
SeeleN cross-chain bridge will be integrated into CandySwap, click on the cross-chain bridge button at the top of CandySwap and select Deposit or Withdraw to perform the cross-chain function. Select Deposit and switch your wallet to the Ethereum to swap your assets from the Ethereum to the SeeleN mainnet; select Withdraw and switch your wallet to the SeeleN mainnet to swap your assets from the SeeleN mainnet to the Ethereum.
After the cross-chain bridge is released, USDT, SNP, and SEELE assets can be transferred.
To safeguard user assets, the following security measures were made for the SeeleN cross-chain bridge.
l The node program code is not open-source and cannot be easily hacked by external networks.
l Establishment of a large amount meltdown mechanism and manual warning to prevent a sudden large amount of fund transfers effectively.
l Adopting the DAO mechanism for verifier nodes to eliminate the centralized management of private keys.
At the same time, to reduce the consumption of user fees, when the SeeleN mainnet swaps assets to the Ethereum, it will take multiple fund applications to combine the cross-chains and the assets will arrive at the account in about 24 hours. Thanks to this, the cross-chain fees are becoming as low as 0.2% and are quite secure.
As the SeeleN ecosystem grows, more assets will be connected to the SeeleN mainnet via the cross-chain bridge and will bring great momentum to the ecosystem.
About SeeleN DAO:
SeeleN DAO is a collaborative autonomous ecology based on the SeeleN public chain and co-created by the ecological community. The ecology is aimed at incorporating and incubating high-quality projects in all fields, including metaverse, NFT, GameFi, DeFi, energy, etc. The development, construction, and governance of the whole ecology are coordinated and governed by all ecological participants.