Balanced Goes Live on Sui Network to Provide Cross-Chain Scaling
On October 10th, Balanced is now live on Sui, and the Sui network can now exchange cross-chain assets locally on Balanced and borrow from SUI through ICON's Cross-Chain Framework, which simplifies cross-chain development through its easy-to-use Generic Messaging Profile (GMP) standard and connectivity to secure bridging protocols. Thanks to ICON's cross-chain framework and its Generic Messaging Protocol (GMP) standard, users can now enjoy seamless cross-chain exchanges between all supported chains directly through their Sui wallets. All liquidity pools for cross-chain exchanges are kept on the ICON blockchain, and GMP ensures a native experience on any supported chain. (Medium.com)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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