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The DEX Connecting Binance Smart Chain and Ethereum, which enable to exchange BEP-20 tokens to ERC-20 ones and vice-versa? Is it possible? It's a huge step for the DeFi sector because every other DEX has been supporting only intra-chain swaps.

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Cryptocoins Exchanges / Binance 239 Views

In the past few days, I've been looking for some of the best platforms to exchange BEP-20 tokens to ERC-20 ones and vice-versa. I came across a few of the promising offerings including Hashbon Rocket.

Hashbon Rocket is the first ever cross-chain decentralized exchange to connect Ethereum and BSC blockchains by allowing users to quickly and easily exchange DeFi crypto tokens from one ecosystem to another.It's great, because if you go to Uniswap, you can only exchange ERC-20 tokens for other ERC-20 tokens, or Ethereum itself. The same is true with PancakeSwap, which only offers BNB and BEP-20 tokens, but not a single one from Ethereum’s ecosystem.

Sounds really great, but I dont understand how HASH token works. In WP wrote that Hashbon Rocket CDEX platform uses Proof of Stake (PoS) consensus mechanism. Arbitrators make decisions, and their strength depends on the share of HASH tokens. Does it mean that HASH is perspective token?

submitted by /u/Better_Mastodon2256
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