ChainPort & AdaSwap Bridge ASW Across Cardano, ETH & Milkomeda

tl;dr

ChainPort & AdaSwap collaborate to enhance cross-chain interoperability for ASW.
ASW token has been bridged across Cardano, Ethereum, and Milkomeda blockchains.
This bridge is for native tokens, not wrapped tokens & AdaSwap has added liquidity on all sides of the bridge.
Users can deposit ASW tokens in the bridge contract on the destination chain and receive native tokens on the target chain.

AdaSwap Expands Opportunities via ChainPort

ChainPort and AdaSwap are collaborating to enhance the cross-chain interoperability of AdaSwap’s ASW token. ASW has now been bridged across three major blockchain networks: Cardano, Ethereum, and Milkomeda.

It is important to emphasize that the ASW bridge is for native tokens, not wrapped tokens. AdaSwap has added liquidity on all sides of the bridge (Cardano, Ethereum, and Milkomeda). Now users can deposit ASW tokens in the bridge contract on the destination chain and receive the equivalent amount of native tokens on the target chain.

ASW Ethereum Contract: 0x56694577564FdD577a0ABB20FE95C1E2756C2a11
ASW Cardano Contract: asset17s6jml34q59t4r8vyz2kl0etelfxytuw8mwrf8
ASW Milkomeda Contract: 0xAb033ae98BEeB92C267D1f02E3963A424A02B406

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The ASW token bridging project represents a prime example of the evolving DeFi space's adaptability and innovation. Facilitating token transfers across these diverse blockchains opens up new avenues for liquidity, accessibility, and trading opportunities. Following the successful token bridging, the ASW token will be listed on Uniswap, a renowned DEX on Ethereum. This listing further extends ASW's reach and liquidity, attracting a broader range of investors and users.

Beyond Uniswap, ASW is also traded on Gate.io and AdaSwap, of course.

AdaSwap is a next-generation DEX built on the Cardano blockchain. With AdaSwap, users can seamlessly swap, bridge, and trade Cardano-based tokens and stablecoins within seconds. This integration fosters a more inclusive and interconnected DeFi landscape, offering users the flexibility to access a wider spectrum of assets and opportunities.

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