DeFi explorers can now bridge USDT & USDC to (and from) Polygon zkEVM using the super-fast rhino.fi bridge. This provides the quickest, most cost-effective way to move your stablecoins to Polygon’s zero-knowledge rollup as blue-chip DeFi protocols go live over the coming weeks.
What is it?
The rhino.fi bridge enables you to reach Polygon zkEVM from several supported chains including Polygon POS, BNB Chain, Arbitrum, zkSync Era and Ethereum. ETH bridging launches a few weeks ago, and now you can also bridge your stablecoins too.
Once your tokens are deposited to rhino, you can withdraw to zkEVM for as little as $5 (liquidity provider fee paid in the withdrawing token), completely gas-free.
Fun fact – did you know that the rhino bridge currently accounts for 1-2% of all traffic on the zkEVM network?
Why PolygonzkEVM?
Polygon zkEVM provides all the functionality of Polygon on a rollup, with super-fast zero-knowledge validation which replaces validators with incorruptible math.
As Polygon zkEVM is fully Ethereum-compatible, developers can launch the same smart contracts on zkEVM as they have on mainnet. zkEVM projects give their users a way to avoid high mainnet gas costs, whilst taking advantage of the full Ethereum network security guarantees that a full zk rollup offers.
After the successful launch of Polygon zkEVM, the network has climbed to over 45,000 unique users in a little over one month.
As Polygon zkEVM is fully Etheruem compatible, developers can launch the same smart contracts on zkEVM as they have on mainnet. zkEVM projects are able to give their users the ability to avoid high mainnet gas costs, whilst taking advantage of the full Ethereum network security guarantees that a full zk rollup offers. The great news is that as overall activity levels on zkEVM grows over time, the gas fees will reduce even further.
Why now?
DeFi projects as QuickSwap, Clober and Dovish have just launched on zkEVM, with many more DeFi blue-chips set to follow over the coming months. Using the high-speed rhino bridge, DeFi explorers can quickly bridge their stablecoins to zkEVM to take advantage of any opportunities as they arise as projects bring their novel use cases to their users.
You can use the super-fast rhino bridge to zkEVM with ETH, USDC or USDT here.
What is rhino.fi?
rhino.fi is a multichain DeFi aggregator, allowing you to access the best of DeFi, from any chain, all from one account and one wallet on a totally self-custodial zk rollup (StarkEx).
You can effortlessly put your assets to work and earn interest in our vaults, trade or swap tokens cross-chain, and bridge your assets to other networks at the click of a button, all gas-free and with casual privacy.
