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Duet Protocol used Celer IM to implement their own token bridge that enables users to transfer $bDUET and $DUET tokens between @

Celer Network
Celer Network
Twitter
18 Aug 2023, 17:01
🧵/2 🏗️Duet Protocol used Celer IM to implement their own token bridge that enables users to transfer $bDUET and $DUET tokens between @BNBCHAIN and @arbitrum one. 🧠Their design is using a lock-and-mint method similar to our own xAsset method. Let's dive into that a bit!

Same news in other sources

3
Celer Network
Celer NetworkCELR #339
Twitter
18 Aug 2023, 17:01
🧵/3 🔐When a transfer occurs, the token will be locked in the DuetBridge contract and transferred to the target chain through an SGN message, where it will be minted into a peg token. 🌉When transferring back, the peg token will be burned and the locked token will be unlocked!
When a transfer occurs, the token will be locked in the DuetBridge contract and transferred to the target chain through an SGN m
🧵/3 🔐When a transfer occurs, the token will be locked in the DuetBridge contract and transferred to the target chain through an SGN message, where it will be minted into a peg token. 🌉When transferring back, the peg token will be burned and the locked token will be unlocked!
Celer Network
Celer NetworkCELR #339
Twitter
18 Aug 2023, 17:01
🧵/4 (End) Interested in learning about other Celer IM use cases? Keep an eye out here for more Celer IM Spotlights! ⬇️More details about Celer IM:
/4 (End). Interested in learning about other Celer IM use cases. Keep an eye out here for more Celer IM Spotlights.
🧵/4 (End) Interested in learning about other Celer IM use cases? Keep an eye out here for more Celer IM Spotlights! ⬇️More details about Celer IM: https://t.co/cxnuYhB2we
Celer Network
Celer NetworkCELR #339
Twitter
18 Aug 2023, 17:01
🧵/1 🚄#acCELERate blockchain interoperability with Celer Inter-chain Message (IM) Framework! 🌉Generic message passing can also be used to build a protocol-specific asset bridge. 👀Let’s take a look at @duetprotocol ’s design for example:
#acCELERate blockchain interoperability with Celer Inter-chain Message (IM) Framework.
🧵/1 🚄#acCELERate blockchain interoperability with Celer Inter-chain Message (IM) Framework! 🌉Generic message passing can also be used to build a protocol-specific asset bridge. 👀Let’s take a look at @duetprotocol ’s design for example: