ANKR Introduces Its BNBChain Application Sidechain Relay Hub

Twitter icon  •  Published 2 months ago  •  Hassan Maishera

The Ankr team announced via a Medium post on Monday that it has launched a BNBChain Application Sidechain (BAS) Relay Hub.

The Ankr team announced via a Medium post on Monday that it has launched a BNBChain Application Sidechain (BAS) Relay Hub. BAS Relay Hub is Ankr’s solution designed to act as a trustless bridge that connects all BNB Application Sidechains (BAS) with each other and with other chains like the BNB Smart Chain and Polygon, Ethereum, and more.

The bridge can transfer liquid-staked assets to and from blockchains like Ethereum, Polygon, and the BNBChain. ANKR added that BAS Relay Hub is a smart contract designed to provide seamless interchain communication between all BAS chains for enhanced interoperability.

Ankr Network is building a full-stack cloud infrastructure and marketplace for container-based cloud services. Users can now stake FTM tokens on Ankr to earn ANKR tokens. ANKR is trading at $0.03155, up by more than 6% in the last 24 hours. 

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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