Connecting blockchains for full interoperability with Tixl’s Cross-Chain bridge v2.0

TribeOne
3 min readFeb 8, 2022

We are delighted to break the news that $HAKA is now functional on Tixl’s Cross-Chain Bridge v2.0.

Introduction

The Cross-Chain Bridge is a product released by the German Tixl Organization and DeFi enthusiasts. It is a permissionless and security-focused bridging protocol to connect an increasing number of blockchains with each other. The protocol incentivizes providing liquidity for both projects and end-users as well as provides a seamless bridging experience for tokens and NFTs — by bringing fee participation, yield farming and self-listings for projects.

Why is v2.0 more beneficial?

The Cross-Chain Bridge v2.0 has an ambitious goal: It should be possible to move any token to almost any network. The V2.o offers users:

  • faster transactions
  • cheaper transactions
  • greater accessibility & security

Token Address links for $HAKA:

https://www.bscscan.com/token/0xd85ad783cc94bd04196a13dc042a3054a9b52210

https://etherscan.io/token/0xD85AD783cc94bd04196a13DC042A3054a9B52210

You can bridge tokens from:
1. Ethereum to Binance Smart Chain
2. Binance Smart Chain to Ethereum

Bridge Guide :

Step 1: Go to the Tixl’s Cross-Chain bridge, connect your wallet to the network from which you want to bridge funds from and select $HAKA

Step 2: Enter the amount you want to bridge and choose the network you want to bridge $HAKA to (Currently, $HAKA is available on the Ethereum and Binance Smart Chain network).

Step 3: Click on “Approve HAKA”. You will be directed to your Metamask transaction fee — Click confirm.

Note: The approval process takes at least 20–25 seconds.

Step 4: Click on “Confirm Send” and “Confirm Bridging”

Note: It will take 250–300 seconds when bridging from Ethereum to BSC.

Step 5: Once the bridging is successful, you will get a prompt to claim HAKA tokens on the other side. Click on “Claim HAKA Tokens” after which the $HAKA will be transferred back to your wallet.

Congratulations you’ve successfully transferred your HAKA tokens from Ethereum to Binance Smart Chain!

About TribeOne

TribeOne is the world’s first AI-powered decentralized financial platform backed with RAROC (Risk-Adjusted Returns On Crypto) technology. TribeOne is an NFT, lending, borrowing, saving, and credit risk platform that offers a seamless experience; to all the users through its innovative consumer-centric products. The platform will break barriers in the traditional financial ecosystem and revolutionize the DeFi sphere as a whole. Providing the community with a platform to lend, borrow and invest in crypto assets and NFTs. Therefore, offering an unconventional experience for all.

Telegram | Twitter | LinkedIn | Website | Discord | dApp

--

--

TribeOne

TribeOne is an AI Powered NFT and DeFi funding Platform