A little info about ChainHop.

ChainHop is a cross-chain DEX that allows the user to swap any two tokens between any two chains with a single transaction. Currently onboarding users to DeFi is difficult due to information overload and the current bridging resources being limited. ChainHop aims to simplify the bridging process by compressing it into a simple DEX UI and one transaction.

Further info about ChainHop can be found here:

https://medium.com/@ChainHopDEX/chainhop-mainnet-launch-a-composable-inter-chain-liquidity-protocol-6bc411599503

Without further ado, let’s dive into the process.

First off, you need to add the required EVM-compatible chains to your metamask browser. You can do that by heading to https://chainlist.org After connecting your wallet, search for the chain you wish to add, in our case, Polygon. Select the "add to metamask" option.....

Now that you have added the needed chain, go to the website https://app.chainhop.exchange and connect your wallet. Verify the needed transaction in your metamask wallet

Since this is a multichain bridge, we'd be carrying out transactions on multiple chains at once. Click on the "from" option and select the chain you'd be sending the funds from. [Polygon] Now select the receiving chain you wish for the funds to be sent to. [BSC]

Now, input the amount you want to send across chains. Here I'm bridging 100 $USDC to $BNB. You'd notice there's a slight difference in the price. This difference is the fee used for the transaction. Click the swap button and confirm the transaction in your metamask wallet.

I advise you carry out the transaction simultaneously across the two chains. Attaining at least $5000 trading volume is paramount. Meaning, you can carry out the transaction with $500 [ten times], $1000 [five times],.... The main goal is for you to attain a minimum of $5000 volume.

Feel free to bridge multiple tokens across different chains. Side Note: Don't bridge across the chains multiple times all at once to avoid being tagged as a Sybil attacker. You can do a little day and come back to it every other day.

As always, Not a Financial Advise. Always do your research on stuff like this.

• Ledger - Storing records.

• Decentralized - No central authority.

• Distributed -Everyone has a copy.

• Cryptography - Encryption method to secure the blockchain.

Features of blockchain?

• Decentralization - Power, and authority lie in the hands of the users

• Speed - Transactions are initiated at a faster interval (less than 10 seconds) when compared to the traditional finance system.

• Immutability - Cannot be easily changed

• Trustless system

• Security

Cryptocurrency

Cryptocurrencies are digital assets designed to work as a medium of exchange wherein inidivdual ownership is stored on the blockchain. Examples of these cryptocurrencies include Bitcoin, Ripple, Tether, Ethereum, Chainlink, etc.