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  • 30d volume:$303.26B
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Waypoint

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News

Kenya Launches National Digital Token on Solana to boost Digital Economy

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Kenya launches National Digital Token KenyaNDT on Solana blockchain to enhance digital finance and governance.
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Giorgi Kostiuk

New Records in the Crypto Market: Bitcoin and Algorand Amidst Historical Growth

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Bitcoin and Algorand set new records. Algorand shows a 34% increase and mirrors the breakout pattern of XRP.
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Giorgi Kostiuk

Hyperliquid's Open Interest Surge and HYPE Token Reaches All-Time High

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Hyperliquid reached $10.6 billion in open interest, while the HYPE token hit a record of $47, signaling growing interest in DeFi.
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Giorgi Kostiuk

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.”

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