The Singularity is upon us!
We’re thrilled to announce the mainnet launch of the Singularity bridge, which now supports LINK and USDC transfers.
Singularity is built on @chainlink CCIP, the industry-standard cross-chain solution.
https://t.co/X4Ei9ZOoTo
Chainlink CCIP has officially entered general availability.
Now, all developers can integrate #CCIP across all supported blockchain mainnets in a faster, easier, and more self-serve manner than ever before.
https://t.co/L3AOVqa3Rs
@lveigabr@phuchoanglevn To and From Polygon are the cheapest routes at the moment (after 4844 is implemented other routes might as well be much cheaper)
Using @UseSingularity for bridging USDC between layer 2 is sooo smooth. Everyone should give it a try.
The thing that surprised me was that it seems there is no slippage when bridging. We only need to pay the fee.
I do not like that it took pretty long for the tx if we compare it to other bridges. However, regarding the security aspect, CCIP involves three different components to process a tx, which can explain why it takes pretty long to settle down the tx. I love to know more about the specific mechanisms behind it.
I hope that the speed of processing transactions will be optimised and comparable to other bridges.
There is still time left to be eligible for the #CCIP Pioneer NFT of the Singularity bridge
- Bridge at least $1000+ in volume
- Go through verification in our discord
- Do this before Friday 22 March (3 weeks after mainnet)
Claim date follows after in discord, OK;LG
What new features / improvements would you like to see for the Singularity Bridge?
What are your main struggles when using bridges in general?
We value your opinion for the next features on our roadmap
Drop them below 👇
Got some questions regarding the fees. At @UseSingularity, our contract makes sure that the CCIP fees are always paid in LINK, so we get you the lowest rate. However, you can still pay in native gas currency on the source chain, so you don't have to own LINK on all those L2's
Singularity is now live on the @0xPolygon PoS blockchain
Bridge $USDC to mainnet, Avalanche, Optimism and Arbitrum
Polygon to Avalanche or L2's are currently our most cost-efficient routes available
Secure bridging, Powered by @chainlink#CCIP
The Risk Management Network is one of the reasons why @UseSingularity decided to build on @chainlink CCIP
Learn more below on why it’s crucial to bridging security👇
The Risk Management Network is a defining feature of #CCIP's defense-in-depth.
Why independent risk management is fundamental to cross-chain security ⬇️
https://t.co/lqq9sHfLba
🔗 @Chainlink CCIP has interagated into @UseSingularity.
🌀 @UseSingularity's mainnet enables users to transfer tokens effortlessly across various chains.
🔽 VISIT
https://t.co/lQ3Xl30bTg
🚀 @UseSingularity is underpinned by @Chainlink's CCIP, an industry-standard cross-chain solution
🚀 #CCIP is the only interoperability protocol with level-5 security
🔽 VISIT
https://t.co/Mx9eIMzt4R
#Definews $LINK