Core DAO’s Core Bridge Goes Live, Confirms Huobi as Validator

Core Bridge Goes Live 

Following the strategic partnership with LayerZero Labs in January, Core DAO has launched the highly anticipated Core bridge for users and developers. The move paves the way for more Core progress in Decentrallzed Finance (DeFi). 

The Core bridge, powered by LayerZero, allows users to seamlessly transfer supported assets between the layer-1 blockchain and other industry-leading chains. As of writing, the Core bridge supports BNB and Ethereum chains, supporting USDC, USDT, and WETH. 

Now, new users from supported blockchains can easily join the Core DAO ecosystem. The cross-chain transfer of assets is just an aspect of the bridge’s capabilities. 

As reported by BSC News, it would allow developers to bridge other chains into their Decentralized Applications (dApps) while allowing them to utilize LayerZero’s cross-chain messaging framework to connect Core chain smart contracts to other blockchains. 

Interested users should visit bridge.coredao.org to utilize the cross-chain bridge. You can also read Core DAO’s Medium publication to learn more about the innovation. 

In another positive update, Core DAO has confirmed that Huobi has joined its ecosystem as a validator. The top-tier exchange now supports the Core blockchain, allowing users to delegate their $Core holdings to earn rewards. Huobi joins other top protocols, including Everstake and InfStones Global, to verify transactions and run secure nodes for the Satoshi Plus Consensus. 

What is Core DAO:

Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem's history and an even greater excitement for Core’s role in its future.

Where to find Core DAO:

Website | Docs | Twitter | Discord

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