Hey Bro,
RFOX, creator of the immersive RFOX VALT retail and entertainment Metaverse ecosystem, just made another cross-chain product.
A new bridge allows easy transport of $RFOX tokens between the Ethereum network and the WAX blockchain. The bridge is now in beta mode, and you’re free to try it for yourself at bridge.rfox.finance.
RFOX Finance is a DeFi portal now operating on three different networks. Participants can conduct wallet-to-wallet trades and earn yields from farms and staking pools audited by Hacken.
The weekly RFOX update article highlights all the ecosystem’s news. Check it out, even if you’re entirely new to RFOX! But I pulled some choice words for you to chew on:
“The RFOX Bridge is an important tool in RFOX Finance for increasing cross-compatibility in the blockchain space. We plan to increase more cross-chain liquidity between different blockchain systems in the future.
Through this bridge, we aim to provide collaboration, interoperability, scalability, and flexibility between different blockchain networks for users on RFOX Finance.”
Why WAX of all places? Why not Fantom or Solana or any of the other hyperspeed, low-cost blockchains? Many others should see integration down the line. But I’ll give you some good reasons why RFOX chose to start with WAX:
- Because the KOGs NFT ecosystem has been operational since August 2020, thousands of RFOX community members are already using WAX to buy and sell RFOX products.
- The first title that emerged from RFOX Games is KOGs: SLAM!, a free play-to-earn mobile game allowing players to earn $RFOX tokens.
Because the RFOX ecosystem and the WAX blockchain are already so intertwined, the network was a natural fit for the first of many bridges to come.
The complete bridge article has a tutorial if you’re ready to try it out. Just don’t forget about those gas fees! KOGs are on WAX because it’s super fast and practically free to transact. But one end of the bridge links to the Ethereum network, home of outrageous gas fees.
This new product is a boon for all the play-to-earn gamers out there and is a massive step forward for the RFOX multiverse.
Stay safe out there, Bro!