Bridge assets between Ethereum and Verus without custodians.
The Verus-Ethereum Bridge uses the Verus Internet Protocol (VIP) for cross-chain communication. It relies on cryptographic proofs, with witnesses validating notarizations created by network validators, the miners and stakers of Verus.
The bridge ensures non-custodial, decentralized, secure, and transparent cross-chain transactions between Verus and Ethereum.
Bridge.vETH is a 100% backed currency with 4 currencies in its reserves: VRSC, ETH, DAI, and MKR. It's also an automated market maker (AMM) with which you can convert all four currencies in all directions, and also convert them into Bridge.vETH.
The Bridge.vETH currency function is to make the bridging of assets simple. From either side of the bridge, it converts the fees that you need seamlessly.
The value of Bridge.vETH increases relative to its reserves when fees or interest from the Dai Savings Rate are added to the reserves without new Bridge.vETH being minted.
Total bridge value
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Bridge contract
The Verus-Ethereum Bridge allows for the secure transfer and conversion of cryptocurrencies between Verus and Ethereum.
It's trustless, decentralized and non-custodial, meaning it doesn't require users to trust a third party with their funds, and no single entity has control over the assets being transferred.
All assets on the bridge (the Ethereum smart contract) are secured by the worldwide Verus network of miners and stakers. Nothing is transferred over the bridge until it is proven and verified by consensus on the Verus side.
The 10 largest balances are listed here. Use Etherscan for the full contract inventory.
Live token details are unavailable right now.
Total value uses Alchemy token pricing plus Maker Pot DSR accounting. Live values are unavailable right now.
