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Spherium Finance to Avail HyperBridge For Okcash users

Started by OKupdates, December 14, 2022, 08:26:53 AM

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OKupdates


https://twitter.com/OkcashCrypto/status/1603025146507313155
https://okcash.news/spherium-finance-to-avail-hyperbridge-for-okcash-users-to-enhance-interoperability-91aa4dadc85d
https://twitter.com/SpheriumFinance/status/1603012029417414657

Spherium Finance to Avail HyperBridge For Okcash users to Enhance Interoperability



We are very excited to launch this extensive partnership with Okcash as another exciting step in improving value for our network and offering interesting opportunities that our network can take advantage of.

There has been a long-time call for relevant solutions, apps, and tools in the DeFi space to become available to almost every blockchain. This is because some users are mostly left behind to tap into the innovative qualities of blockchain technology.

The relevance of every project lies in its accessibility to users across numerous ecosystems, aiding users to benefit greatly. With Spherium Finance, we provide cross-chain initiatives with a host of DeFi tools that are readily compatible with many projects to support interoperability.

Through our cross-chain bridge, also known as HyperBridge, users have been able to facilitate the movement of assets seamlessly across different networks. Since the project was launched, users on Polygon, Ethereum, Avalanche, Arbitrum, Aurora, OKC, Fantom, Optimism, KCC, Movr, Moonbeam, and Binance Smart Chain have enjoyed the deployment of our game-changing solution.

Notably, those who have tapped from the project's benefits have attested to its innovative prowess, efficiency, and effectiveness. Therefore, initiating the call for the extension of HyperBridge to more unique ecosystems and projects.

As part of our numerous efforts towards expanding our scope of reach to provide innovative tools and solutions, we've engaged in multiple partnerships that have paid off well. We at Spherium Finance are always exploring options for valuable synergy that attends to relevant issues and add value to the DeFi ecosystem.

In that regard, we are happy to announce today that we've collaborated with Okcash, a prominent blockchain and multi chain micro payments platform, to provide quality services that are very much in uniformity with our values. The collaboration will make available Spherium Finance's HyperBridge on BNB Chain, Polygon, Avalanche and Ethereum chains to users of Okcash.

Before now, Okcash offered swift transactions, which were almost instantaneous. In addition, the platform doesn't use a centralized authority which implies that authority doesn't control the platform. More so, the platform doesn't charge any bank charges for transactions.

Additionally, the decentralized nature of Okcash eliminates the presence of a third party, giving users control of their finances, and providing a secure network for payments and users' funds. Through the OK wallet, users can send and receive money seamlessly.

A New Facet to the Regular DeFi Setup

It's imperative to note that the decentralized nature of Okcash and the distinctive cross-chain features of Sephrium Finance's HyperBridge will birth a new dimension to the regular DeFi setup. The combination of the two firms will offer a strong-performing initiative that champions seamless transactions while prioritizing the safety of users' assets against prevailing hacks that are gaining prominence in the DeFi space.

Benefits of the Partnership for Users

Okcash is a decentralized digital currency platform that aids fast transactions. Incorporating Spherium Finance's HyperBridge into its payment processing platform will allow users to bridge on BNB Chain, Polygon, Avalanche, and Ethereum chains for all available tokens on the platform.

Furthermore, HyperBridge will aid users of Okcash in moving their liquidity while enhancing their coin utility. In that regard, more users will be able to use the platform because Okcash will witness an influx of cryptocurrency traders on BNB Chain, Polygon, Avalanche, and Ethereum.

Further, HyperBridge possesses some outstanding features that will add more quality to the services of Okcash. The cross-chain solution prioritizes security, with its multi-layer level of protection, users can seamlessly swap assets across the supported chains. In addition, the security levels help to keep liquidity locked on HyperBridge, making the platform almost hack-free.

Swap your OK [ETH] OK [BNB] OK [Polygon] OK [Avalanche]
Spherium HyperBridge: https://app.spherium.finance/#/transfer
Okcash is self sustainable and is fully supported by voluntaries (Just like Bitcoin)