Axelar + Filecoin Virtual Machine. Hi everyone.
23 Jun 2023, 15:12
Axelar + Filecoin Virtual Machine 🚀
Hi everyone!
Filecoin has selected Axelar as a leading interoperability network for liquidity and dataDAOs on the Filecoin Virtual Machine!
👀 What does this mean?
1. Axelar will support secure interchain communication for Filecoin users, developers and storage provider systems.
2. Axelar will bring liquidity into DEXs and AMMs on FVM: Axelar-wrapped assets will be the canonical representations of these bridged assets in the Filecoin ecosystem.
3. Axelar General Message Passing (GMP) will enable smart contracts on any chain to call Filecoin functions for storing, funding and verifying data and handling fees for users on connected chains.
Read the full announcement here 👉 https://axelar.network/blog/filecoin-cross-chain-datadaos-axelar-and-fvm