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Bridge to Scroll – No bridge fees for a month

October 18, 2023
in DeFi
Reading Time: 2 mins read
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Bridges allow you to seamlessly transfer your funds between blockchains, so you should utilize decentralized apps (dApps) that aren’t accessible in your acquainted chains and achieve first-mover benefit on rising ecosystems.

Scroll is a zkEVM primarily based rollup which sits on prime of Ethereum, enabling native compatibility for current purposes and instruments of the primary Ethereum community.

Scroll, which was based in 2021, has efficiently raised $50 million in funding from distinguished enterprise capital corporations equivalent to Polychain and Sequoia.

Scroll’s core mission is to enhance Ethereum’s scalability whereas adhering to its important beliefs of belief discount, safety, and open-source ideology. Scroll has an enormous benefit over the Ethereum mainnet in that it may conduct transactions with considerably decrease fuel costs. This ends in a consumer expertise that intently mimics Ethereum whereas participating with Scroll, making the transfer easy for each customers and builders.

Identical to rhino.fi, safety is paramount for Scroll, using superior zero information proof expertise, battle-tested EVM fashions, and rigorous audits to ensure reliability. To guarantee unwavering dependability, it leverages progressive zero-knowledge proof applied sciences, complete EVM fashions, and rigorous audits.

Your transactions will probably be 10x cheaper than they’re on L1 Ethereum, to not point out sooner, as a result of Scroll makes use of super-quick zero information validation expertise, slightly than the time-consuming proof-of-stake validation system used on the Ethereum community. What’s extra, Scroll will quickly host a whole bunch of dApps, each those you’re already aware of from Ethereum (however sooner, and cheaper) and new ones created only for this ecosystem. 

By bridging your funds utilizing rhino.fi, you may attain Scroll earlier than the remainder of the group and discover this huge ecosystem when alternatives have simply been shipped. When every new opp drops, you and your funds will probably be prepared.

And, to have fun the official mainnet launch, we’ve waived our bridge payment for the subsequent month.

Okay, so how do I bridge from rhino.fi?

We’ve constructed a collateralised bridging system which lets you faucet into our liquidity outposts on completely different chains. That is faster than the normal ‘lock-and-mint’ bridging system; the truth is, it means your funds arrive in simply 30 seconds.

You’ll be able to bridge ETH, USDT and USDC right away. 

In case you bridge earlier than November 14th, you’ll pay no rhino.fi charges, solely fuel prices. In case you bridge later, you’ll want sufficient spare cryptos in your pockets to cowl the charges.

Bridging promo runs from 17.10 to 14.11.



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