Blockchain

The Graph Enables Secure Cross-Chain Transfers of GRT with Chainlink’s CCIP

Decentralized indexing protocol The Graph is integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to bridge its GRT tokens throughout three main chains in an effort to extend accessibility and increase its presence throughout a number of chains. Based on an official announcement, The Graph plans to permit the switch of its native GRT token throughout blockchains, together with Solana, Arbitrum, and Base, utilizing Chainlink’s CCIP to streamline the motion between networks.

The transfer is geared toward making it simpler for blockchains to work collectively and giving builders extra choices for constructing functions throughout totally different networks. Chainlink’s cross-chain interoperability protocol permits totally different blockchains to work together and switch tokens securely with out counting on centralized bridges or creating customized code for every connection.

The inclusion of Solana within the initiative marks a broader transfer by The Graph to help a various blockchain panorama. By increasing the provision of GRT to Solana, the protocol goals to deepen engagement with builders and the community’s person base, reflecting the rising curiosity in cross-ecosystem collaboration.

Picture: freepik

Designed by Freepik

Source link

See also  Google Cloud Collaborates with Cronos Accelerator Program to Sponsor AI Innovation in Web3

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Please enter CoinGecko Free Api Key to get this plugin works.