• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
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Waypoint

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News

Balancer Labs Announces Shutdown After Security Incident

Balancer Labs Announces Shutdown After Security Incident

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Balancer Labs has announced its decision to shut down operations six months after a significant security breach that severely damaged its reputation and triggered a selloff of its token.
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Jesper Sørensen

John Haar Discusses Bitcoin Adoption and Future Monetary Policy

John Haar Discusses Bitcoin Adoption and Future Monetary Policy

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John Haar discusses the impact of COVID-19 on Bitcoin adoption and predicts future monetary interventions.
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Rajesh Kumar

Charles Hoskinson Defends Crypto Amid Political and Economic Turmoil

Charles Hoskinson Defends Crypto Amid Political and Economic Turmoil

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Charles Hoskinson defends cryptocurrency, framing the market downturn as a reflection of political dysfunction and economic challenges, advocating for crypto as a vital infrastructure for future systems.
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Lucas Weissmann

What is Waypoint?

Waypoint (WPNT) provides bridges between networks, starting with BSC and MATIC, for ease of moving assets across various chains. The WPNT token can be bought on one network, bridged and then sold on another in order for users to transfer funds. The choice for which chains to be bridged in the future will be made via voting by WPNT holders. We are aiming for the smallest possible fees for transfers - roughly equivalent to paying the gas costs on our side and covering risk.

There are other solutions that might in the future partially solve the problems we are solving - e.g. cross-chain dexes but we are not aware of anyone with plans to integrate non-EVM networks nor anyone providing you with tokens for fees on the other side (e.g. with BNB or MATIC). Additionally, we doubt that there will be a point when moving across ALL chains will be painless without a specific solution and in the words of the UNIX Philosophy - we aim to “do one thing, and do it well.”

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.