EverRise Expands DeFi Security Infrastructure to Fantom and Avalanche – Press Release Bitcoin News


Press release. YongshengThe blockchain bridging and security solutions provider for repurchasing cryptocurrencies expanded over the weekend to the Fantom and Avalanche blockchains. With the addition of these two blockchains, the EverRise token (RISE) and the ecosystem are now available on a total of 5 blockchains.

The Fantom and Avalanche blockchains present an exciting opportunity for EverRise to make their dApps more widely available. Fantom’s mainnet launched in December 2019 and their TVL recently surpassed Binance Smart Chain. Launched in September 2021, Avalanchemainnet currently supports over 400 projects and has over 1.3 million users.

“The Fantom and Avalanche blockchains have great growth potential, and bringing the EverRise ecosystem to these networks furthers our mission to bring security to all DeFi.” – Suresh Maddineni, CEO & Founder, EverRise

Users can also exchange FTM and AVAX cross-chain to EthereumBSC and Polygon via EverRise’s Native Coin Exchange (NCS) feature exchange forever. NCS allows cross-chain conversion between the blockchain’s native tokens, and EverRise is available at block speed.Using the technology behind the dApps EverSwap and EverBridge developed by EverRise, users can quickly and securely Ethereum, BNBMATIC and now FTM and AVAX.

Project developers and users on Fantom and Avalanche also now have access to all dApps currently available: EverOwn, EverBridge, EverMigrate, EverSwap, and EverStake.

RISE tokens can be earned through EverSwap on any available blockchain or through SpookySwap on the Fantom network and TraderJoe on the Avalanche network. EverSwap, the dApp portion of the EverRise ecosystem, allows transaction taxes to be collected in native tokens instead of tokens to reduce selling pressure when tokens are liquidated.

EverBridge makes scaling possible, a novel approach Cross-chain bridge concept Released last October. Matching circulation supplies were minted on Fantom and Avalanche and locked inside the bridge.

About Yongsheng

EverRise is a blockchain technology company focused on increasing the accessibility of decentralized finance by bringing security solutions to the space. Through an innovative ecosystem of decentralized applications, EverRise provides investors and developers with the tools to access the widest possible market with the highest level of security. They are working towards mass adoption of security protocols across the Ethereum, Binance Smart Chain, Polygon, Avalanche and Fantom networks and currently offer 5 secure dApps: EverBridge, EverOwn, EverMigrate, EverStake and EverSwap, with many more in development.

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