Spacewalk Bridge: A Link Between Stellar and Polkadot
Date: 2024-04-01 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
New Era of Cooperation
Spacewalk Bridge, which opened a new chapter in the history of cooperation between Stellar and Polkadot, is now publicly available on the Pendulum network. This project, completed after a year of development, opens the door to DeFi collaboration between the Stellar and Polkadot communities.
Connection of Worlds
Spacewalk provides a low-trust connection between the Polkadot and Stellar ecosystems, allowing the efficient transfer of stablecoins and cryptocurrencies. This integration opens new horizons for Stellar's fiat-pegged currencies within Polkadot's extensive DeFi capabilities.
Review of Available Assets
In addition to Stellar's native token, XLM, a variety of stablecoins are now available through Spacewalk, including EURC, AUDD, NGNC, TZS and BRL. Pendulum's native token, PEN, acts as the transaction fee currency for the network.
Empowerment
Spacewalk Bridge, which started on the Pendulum Polkadot network, celebrates its public launch. During the initial stages of launch, there is a limit on the amount of assets available for connection, but the team plans to gradually increase this limit to allow more assets to be transferred.
Growth Prospects
Spacewalk Bridge opens up new perspectives for participants in the Stellar and Polkadot ecosystems. Stellar users can efficiently transfer XLM tokens to Polkadot Zenlink DEX via Spacewalk Bridge, providing access to various liquidity pools.
Importance of Online Forex Trading
The importance of online Forex trading is highlighted through Nabla's innovative technology provided through Pendulum's DEX. This strategic integration opens up new opportunities for Stellar DeFi participants, allowing them to actively participate in liquidity provision and Forex trading.
Spacewalk Bridge and its integration with the Pendulum Polkadot networks opens up new horizons for DeFi, providing greater access to financial services and opportunities for Stellar and Polkadot users.
