Thread by @PrudentSammy

LOW MARKET CAP GEM and PROTOCOL WITH GREAT UTILITY

Tell me a better combination

"THE ONE OF A KIND BRIDGE AGGREGATOR"
@relay_chain

🧵🧵
#Arbitrum #crosschain #RELAY

This thread will cover

1️⃣What is Relay?
2️⃣Why Relay
3️⃣Relay and Staking
4️⃣Relay and security
5️⃣Overview
6️⃣HoW to bridge
7️⃣Recent happening
8️⃣Useful links

1️⃣what is Relay

Relay is a Cross chain bridge aggregator that seamlessly connect different blockchain
networks. It enables the easy transfer of assets between one blockchain to another enabling "interoperability"

With a cross-chain bridge connecting at least 20 blockchains

you can easily transfer assets between:

#Ethereum #Optimism, #Chronos, #BSC, #Polygon #Fantom #Metis. #Moonriver, #Arbitrum, #Avalanche, #Moonbeam,
#lotex. #Gnosis. #Fuse, #GateChain, #MultiVAC, #KCC. #KardiaChain #Oasis, #TomoChain,#Velas & others

2️⃣
WHAT MAKES RELAY SO SPECIAL?

✅️
Relay has bridge over $1B in defi assets and still has increasing users.

✅️

Bridging as a service model (BASS)

This unique model has the first movers advantage on the market offering both B2B & B2C multi blockchain Bridge.

Relay automatically selects the fastest and cheapest available route for you to move your assets from one chain to another.

✅️

@relay_chain bridge produce a situation where native assets from one chain to another and is subject to different supply and demand pressure creating Arbitrage opportunities

You can purchase a token undervalued in a blockchain and sell on another blockchain at
higher price

3️⃣
RELAY AND STAKING

Relay isn't just for bridging but also staking. Relay governance token can be staked to the
bridge liquidity pools to earn yield on those deposits staked

$RELAY will earn $veRELAY tokens which will boost the yield.

The higher your veRELAY share the higher share of the boosted rewards. This way you
get incentivized to earn more rewards.

4️⃣
RELAY and SECURITY

We know how bridges is a weak point for scammers and are easily hacked.

@relay_chain has be successfully audited by TevPro making it more secured.

5️⃣ OVERVIEW

Price: $1.46
Mcap: $6.2M
TVL: $53.3M
Circulating supply: 4.26M

For a project with $2M market cap last month. Relay is on its way to $10M MC given the massive trading volume and the utilities

$RELAY #Arbitrum

#RelayChain is currently incentivizing their users.

Every bridge transaction receives a WEEKLY lottery ticket with a chance to win 5,00O
$RELAY.

Additional tickets can be bought with $RELAY.

https://twitter.com/relay_chain/status/1623486096666423296?t=yTPxhEdr7G3xf2IOVwcCvg&s=19

6️⃣HOW TO BRIDGE

⬆️Go to relaychain.com & Launch App
⬆️Connect your wallet.
⬆️Select the preferred network and destination network
⬆️Select the tokens you want to transfer, hit transfer and
⬆️Tokens are bridged.

7️⃣ RECENT HAPPENING

⬆️Top biggest gainer
⬆️Recently launched on #arbitrum
⬆️Partnership with @FactorDAO

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