Moonbeam is Live on Hashport!

hashport
3 min readJun 27, 2023

Hashport is adding yet another L1 Network to its platform — Moonbeam. Moonbeam is an EVM-compatible parachain for cross-chain connect applications on Polkadot.

The Moonbeam integration had been requested by Hashporters, and it was unanimously voted in by the Hashport Governing Council. Being the only bridge on Hedera that connects 11 networks, we are proud to enable interoperability for DeFi players from both the Moonbeam ecosystem & the HBAR community.

As of today, Moonbeam is live on hashport, making it the 12th supported network integrated into the portal. With the integration of the Moonbeam network, we also welcome Moonwell’s WELL to the Hashport list of supported tokens. This means that WELL token holders have access to new opportunities that have been made possible through interoperability.

What is Moonbeam?
Moonbeam is an Ethereum-compatible smart contract parachain on Polkadot. Moonbeam has implemented a fully functioning EVM as part of a Polkadot parachain, which enables users to send regular Ethereum transactions to Moonbeam and makes it easy to use popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment.

At the time of writing, the Moonbeam network has over 46.95 million in TVL.

Technical Updates & Token Addresses
Moonwell’s WELL token has been added to the portal. Here are the token addresses for your reference.

$WELL — 0x511ab53f793683763e5a8829738301368a2411e3
$WELL[hts] — 0.0.3015953

Conclusion
To port 57+ additional tokens on hashport today, visit app.hashport.network. If you are experiencing difficulty during the porting process, please don’t hesitate to check out our FAQ page here or contact support@hashport.network. We will be happy to help you through the issue. Happy porting!

About Moonbeam
Moonbeam is a smart contract platform for building cross-chain connected applications that can access users, assets, and services on any chain. By uniting functionality from Ethereum, Cosmos, Polkadot, and more into a single platform, Moonbeam solves today’s fragmented user experience — unlocking true interoperability and paving the way for the next generation of applications. The Moonbeam platform uses integrated cross-chain messaging to allow developers to create smart contracts that access services across many remote blockchains. This approach, plus Moonbeam’s developer-friendly EVM platform, vast tool support, and modern Substrate architecture, creates the ideal development environment for building connected applications.

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.

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