Relay Chain — token interconnection on the world's leading blockchains, using a fast and secure chain bridge.
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About the Relay Chain project
Relay allows traders to enter many markets simultaneously by integrating cross-chain swaps into popular DEX, CEX, dApps and wallets, opening up new arbitrage opportunities and increasing the availability of profitable trades. The team has designed the Relay Bridge to provide positive feedback between the $ RELAY token price and the amount of rewards, generated by the bridge. Nodes in the Relay network move transactions quickly and securely between different blockchains. Since the Relay API is built to integrate seamlessly into dApps and DEXs, any trading platform can adopt Relay and immediately provide its users with cross-chain capabilities.
Some features:
| 1 | Several repeaters exist to enhance bridge security through decentralization. |
| 2 | Each transaction goes to all available repeaters with subsequent voting. |
| 3 | If a consensus is reached, the bridge tries to complete the transaction. This prevents malicious users from redirecting funds to the wallet. |
The relay chain currently includes five well-known relays - Bitcoin.com Exchange, Zokyo, ChartEx, Avalaunch and Bridge Mutual, all of which enhance the security and reliability of the bridge. The importance of Relay as a reliable bridge, connecting some of DeFi's largest players, underscores the need for insurance. The partnership with Bridge Mutual provides network cross-chain swap coverage, making trades of any size safe and secure.
All Relay contracts and code have been extensively audited by the Halborn Security team, as well as a previous audit by Zokyo in early 2021. Relay's combined development team has over 30 years of blockchain experience.
More about Relay
The site has a WhitePaper document. With its help, each participant can study the features of the work and get acquainted with the rules of work. The developers maintain the Medium blog, where news articles are published.
The community runs social networks:
Subscribe and chat with other members. The site interface runs in English. The smart contract doesn't have an audit.