Bender Labs Developers Launch A Bridge Between Ethereum And Tezos
Bender Labs has introduced the Wrap protocol, a decentralized bridge for transferring ERC-20 and ERC-721 tokens between Ethereum and Tezos blockchains. The protocol allows users to “convert” ERC-20 and ERC-721 tokens and move them outside the blockchain on which they operate. In other words, using Wrap, you can transform the tokens of these standards into the FA2 standard of the Tezos blockchain. Tokens are locked on their own blockchain, and a corresponding number of wrapped…