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Send your tokens across Ethereum scaling solutions. FAQ Docs Forum Careers
Hop is a scalable rollup-to-rollup general token bridge. It allows users to send tokens from one rollup or sidechain to another almost immediately without having to wait for the networks challenge period. It works by involving market makers (referred to as Bonder) who front the liquidity at the destination chain in exchange for a small fee.
A Short Explainer. Hop is a scalable rollup-to-rollup general token bridge. It allows users to send tokens from one rollup or sidechain to another almost immediately without having to wait for the networks challenge period. It works by involving market makers (referred to as Bonders) who front the liquidity at the destination chain in exchange ...
Mar 10, 2023 · How to Use Hop. On Hop Exchange, users can perform diverse activities like asset bridging, providing liquidity for the bridging protocol, and converting assets across supported chains. Token Bridging Step 1: Connect your wallet. To bridge your crypto assets using Hop Exchange, visit the bridging facility and connect your wallet.
Jul 12, 2021 · Jul 12, 2021. --. 1. Send tokens across Ethereum scaling solutions. We’re proud to announce that Hop is now live on Polygon, xDai, and the Ethereum Mainnet! 👉 https://hop.exchange/ 👈.
Hop has been built with maximal security in mind. There are no single point of failures or trusted off-chain actors. Instead the security is 100% rooted on-chain. Hop compresses origin messages (i.e transfers) into Bundles and uses the native message bridges to transfer these Bundles between chains. This system is refered to as using a "Hub-and ...
contract, 4 Hop ETH can be minted from a layer-2 Hop Bridge contract. Inversely, a Hop Bridge token can be redeemed for its underlying asset on layer-1, which burns the Hop Bridge Token being redeemed on layer-2. When a Hop Bridge Token is transferred from rollup to rollup, it is burned on the origin rollup and minted on the destination rollup.
