deBridge Mainnet is here

deBridge mainnet has launched! How did we get here and what comes next? Let’s dive in.

deBridge was born after winning the Chainlink Global Hackathon during the spring of last year and now, after 10 months of hard work and overcoming seemingly unsolvable tasks, we’re very excited to announce that deBridge has officially launched on mainnet!

The mission towards a multi-chain future

deBridge is an internet of blockchains, a cross-chain infrastructure, that has been created to unite all blockchain ecosystems and provide freedom to users and protocols that now can easily decide what blockchain or L2 they want to operate in and easily move between ecosystems. The permissionless design of the protocol allows users and projects to exchange any arbitrary data and assets between all blockchain networks, starting with Ethereum, BSC, HECO, Arbitrum, and Polygon. More chains will come soon.

Mainnet Beta features

Today, we have entered the first stage of our mainnet. The rollout will be over several stages where we will include new features and improvements, supporting more thriving blockchains and ecosystems, introducing more partner integrations, building out developer resources and tools, and more. It will be some exciting months ahead, but a lot of the core infrastructure and opportunities to start going cross-chain are available today.

At this point, the deBridge mainnet enables projects and users the following:

• An infrastructure and application that allows bridging and transferring of any arbitrary assets and data across all five supported chains.
• Cross-chain swaps of specific assets between three chains: Ethereum, Arbitrum, and Polygon.
• Implemented an entire interoperability framework for protocols and applications to go cross-chain and tap into various cross-chain opportunities.

We’re also excited to announce partnerships with DEX aggregators 1inch and ParaSwap as we will continue to build efficient infrastructure for cross-chain swaps between any arbitrary assets. Cross-chain swaps will be one of the first applications built on top of the deBridge infrastructure which uses the protocol to pass liquidity and instructions between different blockchains in the same transaction.

Alex Smirnov, Co-Founder and CEO at deBridge, shared some thoughts about the mainnet launch and milestone: “After more than six months of stable operation with our Testnet 1.0 and 2.0, with improvements of the protocol and its infrastructure, we are pleased to launch the deBridge mainnet. The launch of mainnet beta marks deBridge officially entering a stage towards the new era of cross-chain interoperability. With the explosive development of DeFi, NFT, and DAOs, powered by various blockchains, deBridge aims to be a standard for cross-chain interoperability with a global mission to interconnect all blockchain ecosystems.”

Cross-chain opportunities
Protocols and applications can already start integrating with the deBridge infrastructure to tap into various cross-chain opportunities. These can for instance be:

• Let users from other blockchain ecosystems interact with their protocol without the need to switch wallets/networks.
• Scale up to other ecosystems and exchange commands/data between components deployed in different chains.
• Integrate with protocols from other ecosystems.
• Bridge NFTs preserve their internal logic and make them interoperable between Metaverses.
• Build new types of cross-chain applications and primitives.

Building cross-chain applications and primitives have become a reality and much easier than many might think. We encourage developers and projects to dive into some examples and explore how to get started via our Github. Some cross-chain use cases include algorithmic stablecoins, DEXs, and wallets.

The opportunities are nearly endless as deBridge is a cross-chain framework that connects every smart contract on every chain in the ecosystem. If you are a developer or represent a project interested to explore any of these possibilities don’t hesitate to contact us on Discord or Telegram, so we can get you started going cross-chain. We can’t wait to see all the new applications and primitives being built!

Protocol overview and details

The protocol is bootstrapped by an initial set of experienced and reputable validators that will help facilitate its’ security and reliability. In the future, governance will decide on the number and composition of validators as the deBridge ecosystem grows. The current set of mainnet validators can be viewed in our explorer which shows detailed information about all cross-chain transactions that pass through the protocol.

We will introduce slashing and delegated staking mechanics that will act as a backbone for protocol security and make all validators financially responsible for fault-tolerance signing of cross-chain transactions. The necessary steps will be added in the next few months as we have just launched and it’s important to be running and to have continuous uptime while allowing our validators to become fully comfortable in running the deBridge infrastructure. The deBridge network fee is based on a fixed amount (2–4$) plus 0.1% of the transacted asset value. Users pay for the decentralization as half of all fees go to the network validators, who bear the costs of running infrastructure, and delegators, who help to secure the network.

Security in focus

To have a secure and reliable protocol is crucial. That’s why we have worked closely and been audited by Halborn, Zokyo, and Ackee Blockchain (with more being announced in the near future) — Tier-1 security auditors in the space. Aside from the audits, there’s an ongoing bug bounty program on Immunefi to double down on our security efforts.

As security is our main priority, we invite developers to help review the code during the early stages and to facilitate protocol security. Our main focus is the security of user funds, even if it means sacrificing full uptime. While we do our best to ensure uptime, users could expect downtime and outages in the early days, which will gradually decrease over time.

As an additional measure for increased security, a technical multisig has been set up to decentralize protocol control before handing it over to governance in the near future.

Community

We truly appreciate the ongoing collaboration within the community and all the support we have received thus far. We are very excited for the future ahead as we continue building this thriving ecosystem towards a multi-chain future with you. Thank you🌉

Join our team

Have you read the entire post and are excited about cross-chain interoperability? Then you should definitely check out our current job openings since we’re actively hiring. Apply to join us — we’re looking forward to hearing from you!