1/ The Nexus beta is live on #ICONProject mainnet with support for ICON and BSC Smart Chain!
What does this mean?
Let's dive in. π
2/ Nexus is a frontend application that focuses solely on cross-chain token transfers. With Nexus, you can lock up ICX on ICON, and mint BEP-20 ICX tokens on BSC. Similarly, you can lock up BNB on BSC, and mint IRC-2 BNB tokens on ICON.
3/ Nexus is powered by ICON Bridge, a cross-chain solution being developed by ICON. While the end goal of ICON Bridge and BTP 2.0 is to support a variety of cross-chain smart contract use cases, Nexus kicks things off with the familiar token transfer use case.
4/ Over the coming months, we expect Nexus and ICON Bridge to positively impact DeFi on #ICONProject and connected chains. This means we should see increased transaction activity on ICON!
5/ One use case that Nexus/ICON Bridge enables is support for more assets on the @BalancedDAO DEX. Until now, Balanced only supported ICON-native assets. Starting today, Balanced will be able to bring BSC-native assets like BNB and BUSD to ICON!
6/ Being able to connect to a top tier chain (in terms of market cap, transaction activity, and brand recognition) is huge for DeFi on ICON! BSC-native assets are in-demand, and there will be undoubtedly be arbitrage opportunities that traders will want to take advantage of!
7/ The launch of Nexus and ICON Bridge on mainnet is only the beginning! We look forward to seeing how builders will leverage this cross-chain technology to create innovative products in the near future! Stay tuned. #ICONProject $ICX
β’ β’ β’
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...A community that the FRΔMD team have long been contributing to
Though not only strong in development, FRΔMD have become a group of diverse professionals;
π Educators
π§ͺ Scientists
π Animators (having worked for Disney, Netflix and Marvel)
A new EVM compatible blockchain called "ICE" is coming to ICON. ICE will become the application hub for the #ICONProject w/ its own native token.
What does this mean for the $ICX community? Keep reading π
2/ First, some background. These past few years, we've seen a proliferation of blockchain ecosystems throughout the industry. This explosion of growth has us more & more convinced in our thesis of a multi-blockchain world where each blockchain will act as its own digital nation.
1/ Today, we are excited to announce our next significant technical advancement - ICON 2.0: BATANG, a new blockchain software architecture based on Go $ICX
2/ The word βBatangβ means βbaseβ or βfoundationβ in π°π· and we see ICON 2.0 as the foundation that will support the future growth of the #ICONNetwork
3/ ICON 2.0 is a brand new software; a faster, more stable, and scalable high-performance blockchain that inherits the current network. ICON 2.0 will come standard with interoperability features to support and power cross-chain DeFi solutions π