EverRise Expands DeFi Security Infrastructure to Fantom and Avalanche

PRESS RELEASE. EverRise, the blockchain bridging and information solution supplier that brought the buyback to crypto, expanded to the Fantom and Avalanche blockchains implicit the weekend. With the summation of these 2 blockchains, the EverRise token (RISE) and ecosystem is present disposable connected a full of 5 blockchains.

The Fantom and Avalanche blockchains connection EverRise an breathtaking accidental to marque their dApps much wide available. Fantom’s mainnet was launched successful December 2019 and their TVL precocious surpassed Binance Smart Chain. The Avalanchemainnet launched successful September 2021 and presently supports implicit 400 projects with implicit 1.3 cardinal users.

“The Fantom and Avalanche blockchains person a batch of imaginable for maturation and bringing the EverRise ecosystem to these networks furthers our ngo to bring information to each of DeFi.” – Suresh Maddineni, CEO and Founder EverRise

Users volition besides beryllium capable to swap FTM and AVAX cross-chain to ETH, BSC, and Polygon via EverRise’s Native Coin Swap (NCS) diagnostic connected EverSwap. The NCS allows cross-chain conversions betwixt the autochthonal coins of the blockchains EverRise is disposable connected astatine artifact speed. Utilizing the EverRise developed dApp EverSwap, and the exertion down EverBridge, users are capable to rapidly and securely swap betwixt ETH, BNB, MATIC and present FTM and AVAX.

Project developers and users connected Fantom and Avalanche volition besides present person entree to each dApps presently available: EverOwn, EverBridge, EverMigrate, EverSwap, and EverStake.

The RISE token is disposable done EverSwap connected immoderate disposable blockchain oregon done SpookySwap connected the Fantom Network and TraderJoe connected the Avalanche Network. EverSwap is simply a dApp portion of the EverRise Ecosystem that allows for transaction taxation to beryllium collected successful autochthonal coin alternatively of tokens to alleviate merchantability unit erstwhile tokens are liquidated.

The enlargement is made imaginable by EverBridge, a caller attack to the cross-chain span concept released past October. Matching circulating supplies person been minted connected Fantom and Avalanche and locked wrong the bridge.

About EverRise

EverRise is simply a blockchain exertion institution focused connected expanding accessibility to decentralized concern by bringing information solutions to the space. Through an innovative ecosystem of decentralized applications, EverRise provides investors and developers the tools to entree the widest imaginable marketplace with the maximum level of security. They are moving towards the wide adoption of information protocols crossed Ethereum, Binance Smart Chain, Polygon, Avalanche and Fantom networks and presently connection 5 information dApps: EverBridge, EverOwn, EverMigrate, EverStake and EverSwap, with much connected the way.

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