Hashport is very excited to announce the integration of the Avalanche network to the platform! Secured by Hashport’s validator swarm and powered by the Hedera Consensus Service, users can expect seamless, safe, and cost-effective transfers to and from supported networks. Avalanche’s native token will also be available on Hashport in the form of $WAVAX, with additional tokens from the Avalanche ecosystem coming in the near future. To port tokens to and from Avalanche, visit the Hashport app.
What is Avalanche?
Avalanche is a layer-one network that utilises subnets to provide high-speed, low-cost transactions. Avalanche supports a flourishing ecosystem that is a home for DeFi, metaverse, gaming, and many other types of applications. At the time of writing, there are 200+ protocols and over $1.6B in total value locked (TVL) on the network.
“Connecting the Avalanche network to Hashport offers its users and dApp developers the ability to explore, for the first time, what the Hedera public network has to offer and vice versa. We can’t wait to see how this new functionality will be leveraged by ecosystem participants to create a host of exciting new opportunities”. — Jesse Whiteside, Director of Business Development, Hashport
New tokens include:
$WAVAX, $WAVAX[hts], HBAR[ava]
Technical Updates — Token Addresses
$WAVAX Ethereum Contract Address: 0xB31f66AA3C1e785363F0875A1B74E27b85FD66c7
$WAVAX Hedera Token ID: 0.0.1157020
HBAR[ava]: 0xCDe4aBef67e3E9463e6e58e293021a0Be8D0BEc6
If you’re attempting to port tokens to and from the Avalanche network and have any questions, please refer to Hashport’s FAQ page here. If you require further assistance, you can reach out to support@hashport.network for additional help.
About Avalanche
Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol. Avalanche is blazingly fast, low cost, and green. Any smart contract-enabled application can outperform its competition by deploying on Avalanche. Don’t believe it? Try Avalanche today.
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About hashport
hashport is the enterprise-grade public utility that facilitates the movement of digital assets between distributed networks, extending their functionality in a quick, secure, and cost-effective way. In order to remain platform-neutral, hashport functions without the use of a proprietary token. The network is built on a robust and performant architecture, secured and operated by a group of industry-leading validator partners from around the world. hashport has passed a rigorous security audit and follows industry best practices; regularly performing comprehensive network tests to ensure the integrity of the network.
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Disclaimer: The information provided on hashport’s website does not constitute investment advice, financial advice, trading advice, or any other sort of advice. You should not treat any site content as advice.
