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Home News Latest News

Consensys Announces the Beta Version of Metamask Bridges in the Portfolio dApp

10 November 2022
in Latest News, News
Reading Time: 2 mins read
103 5
Consensys Announces the Beta Version of Metamask Bridges in the Portfolio dApp

Source: consensys.net

According to a ConsenSys announcement, users of the leading Web3 self-custodial wallet MetaMask will now be able to bridge across various networks within the Portfolio dApp, thanks to a new feature called MetaMask Bridges. The MetaMask Bridges interface will be housed in the Portfolio dApp.

MetaMask Bridges is a bridge aggregator to help you find the best routes to move your tokens from one chain to another.

Users can now discover the right bridge for their needs with the beta version of MetaMask Bridges; users can bridge up to $10,000 per transfer, assess all options based on price and speed estimates, or use the suggested bridge. 

It allows for bridging ETH/WETH, common stablecoins, and native gas tokens. To ensure that money and tokens transfer safely from one chain to another, MetaMask Bridges is an extension that offers users the safest bridges.

Angela Potter, product manager for MetaMask, said,

“The growth in bridging solutions and usage has led to choice overload for users; MetaMask Bridges solves this by providing a single, easy-to-use interface for bridging through the MetaMask Portfolio Dapp”

Using MetaMask Bridges, users can enter their preferred starting network, the intended destination network, and the token they wish to bridge, then assess options from several providers. MetaMask supports a set of bridges that satisfy the requirements of security and decentralization.

In addition, security, high liquidity, and reliability requirements for the Portfolio dApp bridges are currently being evaluated. This procedure will go on. Hop, Connext, Celer cBridge, and Polygon Bridge are included. It is available to both browser extensions and mobile users.

 

If you would like to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, and Instagram.

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Favour Udeo

Favour Udeo

Favour is a writer, who is interested in blockchain, DeFi, and Web3 in general. She finds machine learning and emerging technologies interesting.

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