Klaytn gains massive cross-chain interoperability via Chainge

Chainge, a bridgeless multi-chain DeFi ecosystem, has just completed Klaytn integration. This integration enables assets from 12 other chains to freely roam to and from the Klaytn network—a crucial step towards creating a seamlessly interoperable metaverse DeFi infrastructure.

Assets that can cross-chain roam across Fusion, Ethereum, BSC, Avalanche and Klaytn

  • KLAY 
  • WEMIX 
  • KLEVA 
  • BORA 
  • KSP 
  • KFI

Other assets that can cross-chain hop to and from Klaytn

  • Cosmos: ATOM
  • Avalanche: AVAX
  • NEAR Protocol: NEAR
  • Polygon: MATIC
  • Terra: LUNA
  • Solana: SOL
  • Bitcoin: BTC
  • Tether: USDT
  • Dai Stablecoin: DAI
  • USD Coin: USDC
  • Ethereum: ETH
  • Binance Coin: BNB

Powered by Fusion Distributed Control Rights Management (DCRM) technology, Chainge transforms your crypto assets into Universal Assets, allowing you to move and transact between any of the supported chains without having to go through token bridges. This technology delivers major advantages over other bridge-based cross-chain solutions, including:

  • Lower costs as you will only need to pay the respective blockchain fees involved with your cross-chain transaction. Unlike bridges, the Chainge app has zero cross-chain fees. You can read more about the Chainge app’s fee structure here.
  • Unparalleled speed that is only limited by the public blockchain’s confirmation speed, making Chainge the fastest multi cross-chain experience on the market. Complex multi cross-chain transactions that would normally take bridges over an hour can be completed with Chainge in just 2-3 minutes.
  • Bulletproof security with a distributed key generation and signing algorithm to prevent private keys from being a security weak point. The patented DCRM technology was developed in association with four world-class cryptographers and security experts, and has never been successfully hacked before.
  • Seamless user experience as Chainge’s cross-chain operations are invisible to the user, allowing cross-chain transactions to be performed with just a couple of taps.

Moving beyond cross-chain asset roaming, Klaytn hodlers will also soon have access to Liquidity Pools, followed by Futures and Options to earn attractive APYs on Chainge.


See how simple it is to use Chainge

Whether you’re transferring assets from one or multiple chains, from Klaytn or onto Klaytn, you can get it done with just a few taps!

Consolidating KLAY from various chains onto Klaytn

Make sure you have the respective cryptocurrencies to pay the blockchain fees for the chains involved in your operation.

  1. Tap on your KLAY asset card on the main wealth screen, then tap on ‘Receiving address’.
  2. Scroll right and select the Klaytn chain, and tap on ‘Copy address’.
  3. Return to your main wealth screen and select ‘Payments’ followed by ‘Send assets’.
  4. Select KLAY and input the amount you want to send to the Klaytn chain and tap ‘Continue’.
  5. Select ‘Send to a blockchain address’ in the dropdown.
  6. Paste your Klaytn chain address and select the Klaytn chain.
  7. Tap ‘Pay now’ and sign your transaction.

Moving KLAY from Klaytn to another chain

Make sure you have the respective cryptocurrencies to pay the blockchain fees for the chains involved in your operation.

  1. Tap on your KLAY asset card on the main wealth screen, then tap on ‘Receiving address’.
  2. Select the chain you would like to transfer your KLAY to, and tap on ‘Copy address’.
  3. Return to your main wealth screen and select ‘Payments’ followed by ‘Send assets’.
  4. Select KLAY and input the amount you want to send to the other chain and tap ‘Continue’.
  5. Select ‘Send to a blockchain address’ in the dropdown.
  6. Paste your receiving chain’s address and select the chain you want to transfer to.
  7. Tap ‘Pay now’ and sign your transaction.

Moving non-Klaytn assets onto Klaytn

Make sure you have the respective cryptocurrencies to pay the blockchain fees for the chains involved in your operation.

  1. Find the non-Klaytn asset that you want to transfer to the Klaytn chain on the main wealth screen.
  2. Tap on its asset card then tap on ‘Receiving address’.
  3. Scroll right and select the Klaytn chain, and tap on ‘Copy address’.
  4. Return to your main wealth screen and select ‘Payments’ followed by ‘Send assets’.
  5. Select the non-Klaytn asset and input the amount you want to send to the Klaytn chain and tap ‘Continue’.
  6. Select ‘Send to a blockchain address’ in the dropdown.
  7. Paste your Klaytn chain address and select the Klaytn chain.
  8. Tap ‘Pay now’ and sign your transaction.

If seamless cross-chain DeFi piques your interest, download the Chainge app directly from Google Play or iOS App Store and give it a spin!

MORE FROM Ecosystem

Technology

Introducing the Klaytn-Substrate chain

25/05/2022

Technology

Klaytn v1.8.4 Release Notes

20/05/2022

Technology

Klaytn’s Strengths as a Layer 1 Mainnet

19/05/2022

CATEGORIES

© Klaytn Foundation 2022. All rights reserved.
© Klaytn Foundation 2022. All rights reserved.