Cover photo

Allbridge Core. Project Opportunities

Staking $ABR** **$ABR Staking - Each of Allbridge's supported networks (except Ethereum, XRPL, and Tezos) has its own stake pool. The user can lock in the $ABR pool and receive xABR tokens in return, which give:

Fee discounts: the amount of the discount is determined depending on the amount of funds blocked and depends on the TVL in a specific pool. The right to receive a share of the income from fees: every week the protocol adds 80% of the collected commission to the pool, which is distributed among the pool participants, in proportion to the number of staked coins. You can take the reward only with an unstake and the profitability may differ depending on the demand for the pool on the selected blockchain.

Providing liquidity and farming on Allbridge tokens
Liquidity pools have been deployed on partner AMMs for wrapped bridge tokens and $ABR. Users can provide liquidity to these pools and earn like LP. A complete list of pools on all DEXs is available here.

Some platforms (for example, ApeSwap) also pay out native tokens for providing liquidity, which allows you to fully farm on Allbridge tokens. Farming guides on partner DEXs are collected here.

post image

Especially for builders, Allbridge offers BaaS (Bridge-as-a-service) in white-label format. It will allow you to quickly integrate cross-chain transfers into your product with a customizable UI, transfer direction, and your own smart contracts and validator.

In the future, the site will provide more products, such as a solution for private cross-chain transfers, integration with on-ramp / off-ramp platforms, and the ability to invoice via API with any stablecoin on any chain.

How to use Allbridge Core Well, now, using a specific example, we will show how to use the Allbridge Core bridge. To transfer stablecoin assets between blockchains:

We go to the Allbridge Core website and select the networks between which we want to transfer funds, and also indicate the desired token:

Step 1 Then, connect the wallet at the bottom of the transfer form (the list of supported wallets depends on the selected network):

post image

Step 2 We connect the wallet for receiving, or you can insert any other address:

Step 3 Important: Transfer funds ONLY to a wallet to which you have access to confirm receipt.

post image

Specify the amount of the transfer. You can also select the amount to receive, and the bridge will automatically calculate the required amount of funds to send:

Step 4 We confirm the sending of the token and pay the commission in gas tokens of the source network

post image

Step 5 After the transaction is successfully registered, you will be on the Details page

post image

Step 6 When the transaction is validated and sent, you will receive a native stablecoin in your wallet:

post image

Step 7 Important: If the required token is not added to your wallet, import it automatically or manually via MetaMask. Read about how to do this in our MetaMask guide.

Allbridge Core is a cross-chain stablecoin transfer service that allows you to quickly transfer tokens from one network to another. For exchange, Allbridge Core uses a secure inter-network messaging protocol, native assets and liquidity pools, which ensures fast transactions and convenient use of funds. Another flagship product in the Allbridge ecosystem is Allbridge Classic, a cross-chain bridge that allows you to transfer any type of asset between different EVM and non-EVM networks. It supports unique destinations such as NEAR Protocol, Solana, XRP Ledger and many more. Other products include a white-label solution, native token staking, and farming and liquidity provision for Allbridge tokens.

In the future, the site also plans to add private cross-chain payments, an ecosystem block explorer, and API invoicing, which could make Allbridge a powerful platform for various types of cross-chain payments.

Official link:

https://core.allbridge.io/