Powers MultiBit’s entire decentralized application ecosystem.
MultiBit is the first-ever dual-sided bridge designed for easy cross-network transfers between BRC20 and ERC20 tokens. Through promoting unmatched liquidity for these tokens, MultiBit heightens cross-chain interoperability. Our mission is simple: to foster increased liquidity and accessibility for BRC and ERC tokens in a secure and user-friendly manner.
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security is our top priority. We implement robust measures to safeguard user accounts and funds. Regular consolidation of funds from distributed addresses to a secure multiple multisig cold wallets ensures isolation and protection. Our approval-based withdrawal process guarantees added security and accountability. With Multibit, you can have peace of mind knowing that your assets are handled with the utmost security and care.
We design with one core principle in mind: create solutions that users truly want.
Our user experience obsession is evident in our MultiBit Bridge, a reliable tool for seamless cross-chain token transfer. We've incorporated features to make it safer and easier for users to bridge BRC20 tokens cross chains. Additionally, we're committed to facilitating developers who wish to leverage MultiBit to create novel cross-chain experiences.
The current landscape of blockchain interoperability is fragmented and challenging to navigate given the myriad of new blockchains with their individual states. MultiBit is designed to obliterate these interoperability barriers between BRC20 and Ethereum ecosystem tokens.
How it all works
MultiBit streamlines the token transfer process between Bitcoin's BRC20 and EVM networks. It begins with users transferring BRC20 tokens to a dedicated BRC20 address. Upon confirmation, these tokens are primed for minting on the EVM network. But MultiBit's uniqueness lies in its dual-sided bridge feature, enabling equally seamless transfers from EVM networks back to Bitcoin. With MultiBit, bridging and minting tokens for cross-chain transfers between Bitcoin and EVM networks is an effortless process.
MultiBit's Ordinals Automated Market Maker (OAMM) is a decentralized exchange protocol designed specifically for trading Ordinals ($ORDI) tokens. It leverages the principles of automated market making to provide liquidity, enable seamless token swaps, and facilitate efficient price discovery for $ORDI and other paired tokens.
MultiBit offers Farming Ordinals ($ORDI), an exciting opportunity for the BRC community to earn additional $ORDI tokens by providing liquidity or staking preferred tokens in selected pools. The farming process allows participants to contribute to the liquidity of the $ORDI ecosystem while being rewarded for their contribution.
Ordinals Stablecoin is backed by a specific ratio of Ordinals ($ORDI) tokens held as collateral. These $ORDI tokens serve as a reserve to support the stability and value of the stablecoin. The collateralization mechanism ensures that the value of the stablecoin remains pegged to a 1:1 ratio to USDC