Gate.io Blog Multichain: the Ultimate Cross-Chain Router for Web3.0 Based on GateChain

Multichain: the Ultimate Cross-Chain Router for Web3.0 Based on GateChain

17 June 14:46

Multichain has intergrated with GateChain mainnet. Users are welcomed to enter Multichain and try the following functions using GateChain.
1. Swapping your token assets in the MULTI module.
2. Transferring your assets on GateChain to the target public chain. You can also transfer assets on the other public chain to GateChain.
3. Adding liquidity to the token assets pool on GateChain. Participating in liquidity mining and obtaining stable income.

Introduction

Multichain was created as Anyswap on the 20th July 2020 to service the communication needs of different and diverse blockchains which has its own unique services, its own community and its own development ecosystem.

Evolved from Anyswap, a decentralized cross-chain swap protocol with DEX trading and liquidity mining rewards, Multichain is re-positioned as an infrastructure developed for arbitrary cross-chain interactions, an ultimate router for Web 3.

Multichain has great improvements based on Anyswap. Including:User Experience: An all-in-one cross-chain interface Cross-chain Speed: Four times faster than before with an average transaction time of 100 seconds

It is now the leader in the cross-chain field, with a rapidly expanding family of chains (currently 26) and daily volumes well in excess of $100 million (https://anyswap.net).

Governance Token

MULTI is the governance token used to allow MULTI token holders to vote and participate in governance of the Community and Ecosystem.

The total supply of MULTI will be 100 million according to the fixed exchange ratio with ANY (ANY:MULTI=1:1) as the total supply of ANY is 100 million. Currently, ANY circulating supply is 18,639,320, accounting for 18.64% of the total. Once the swap is completed, MULTI circulation will be 18,639,320 while the uncirculated accounts for 81.36%.

(Source: Multichain)

The uncirculated MULTI tokens are locked in the smart contracts, and its specific use is determined by the DAO. Meanwhile, ANY Tokenomics for repurchase and destruction will also be upgraded to the veMULTI model. Please refer to “How to Convert ANY to MULTI”.

Multichain is a leader in terms of security, cross-chain speed and costs. Since its founding in 2020, Multichain has evolved over three iterations from a 1:1 cross-chain bridge to an innovative cross-chain router system that interconnects multiple chains. Multichain offers an advanced and real-time Cross-Chain Router Protocol (CRP) system that supports cross-chain interoperability of tokens, NFTs, and general data across multiple chains.

For a free listing on Anyswap: https://dard6erxu8t.typeform.com/to/C7RwF08A

To get involved and stay up to date:
* Join the Anyswap community: https://t.me/anyswap
* Follow Anyswap on: https://twitter.com/AnyswapNetwork
* Subscribe to the Anyswap: https://anyswap.medium.com/
* Send email to Anyswap: connect@anyswap.exchange

About GateChain
GateChain is a next-generation public blockchain, with a focus on on-chain asset safety and decentralized trading. Its uniquely designed Vault Account is primed for handling abnormal transactions. GateChain presents an extraordinary clearing mechanism, tackling the challenges of asset theft and private key loss. Decentralized trading and cross-chain transfers are also supported, alongside with other core features.
Official website: https://gatechain.io/
Twitter: https://twitter.com/gatechain_io
Medium: https://gatechain.medium.com/
Discord: https://discord.com/invite/TADecrzfcPGitHub: https://github.com/gatechain

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Multichain: the Ultimate Cross-Chain Router for Web3.0 Based on GateChain

Introduction

Governance Token

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