Ape Portal

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ApeChain has announced on the X platform that its official cross-chain bridge is now live, allowing users to bridge tokens like ETH and APE into ApeChain.

Collection time:
2024-11-25
Ape PortalApe Portal

ApeChain Introduction

ApeChain is an infrastructure layer designed to power the ApeCoin ecosystem, developed by ApeCoinDAO. ApeChain is built on Arbitrum Orbit, using ApeCoin as its native gas token.

A key feature of ApeChain is its ability to provide automatic yield to ecosystem users. By bridging specific assets such as stablecoins (e.g., USDC, USDT, DAI) and tokens like ETH and ApeCoin into the ApeChain ecosystem, users can earn native yields and automatic compound interest without manual intervention from Layer 2 and Layer 3 chains.

ApeChain Cross-Chain Bridge

After the launch of the official ApeChain cross-chain bridge, users can bridge assets in two ways: through Ape Portal or Stargate. If one method encounters issues, users can try the other bridge option.

ApeChain has announced on X platform that its official cross-chain bridge is now live, allowing users to bridge tokens like ETH and APE into ApeChain. Additionally, the first native ApeChain product, Top Trader, and a core user incentive program will be launched tomorrow.

According to a previous update, Greg Solano (Garga.eth), co-founder of Yuga Labs, revealed that the Workshop team launched the first ApeChain native product, Top Trader, an on-chain trading simulation game that allows users to trade with up to 1000x leverage without real-world financial risks. Top Trader integrates several tools, such as Ape Portal for cross-chain payment of buy-in fees, Yuga ID for seamless account abstraction, gas-sponsored transactions to enhance the user experience, and a reboot protocol to manage tournament rewards.

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