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Multichain announcement: a multichain bridge for HMT

HUMAN Blog
Crypto & Blockchain
HUMAN Protocol
Jul 6, 2022

Multichain announcement: a multichain bridge for HMT

2 min read

HMT is going Multichain! We are delighted to announce that Multichain is integrating HMT. Multichain is a bridging solution that will be building a bridge to allow HMT to move freely between chains that are integrated with the Multichain Router.

From the start, we believed that HUMAN Protocol is built to be used across multiple blockchains. It is great to see this Multichain initiative to increase the ways in which people can use HMT.

About Multichain

Multichain offers:

  • Non custodial + MPC (multi party computation) for safety
  • No slippage swaps –  the hidden costs of AMM swaps are eradicated by Multichain’s 1:1 swapping 
  • The Router – the Multichain Router allows users to swap between any two chains freely

Multichain offers a single hub through which users can bridge their HMT to and from any integrated chain.

Multichain swaps: yield farming possibilities

Yield farming requires the ability to freely move tokens to a chain where, for example, an Automated Market Maker resides. An AMM, such as those provided by Hummingbot, may reside on a chain which currently does not support HMT. 

The bridge being built by Multichain opens up the door to HMT being used in a yield farming capacity. 

For the latest updates on HUMAN Protocol, follow us on Twitter or join our Discord. Alternatively, to enquire about integrations, usage, or to learn more about HUMAN Protocol, get in contact with the HUMAN team.

Legal Disclaimer

The HUMAN Protocol Foundation makes no representation, warranty, or undertaking, express or implied, as to the accuracy, reliability, completeness, or reasonableness of the information contained here. Any assumptions, opinions, and estimations expressed constitute the HUMAN Protocol Foundation’s judgment as of the time of publishing and are subject to change without notice. Any projection contained within the information presented here is based on a number of assumptions, and there can be no guarantee that any projected outcomes will be achieved.

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