🎉【Sonic Labs launches Sonic Gateway, opening a new era of decentralized bridging】🎉
Odaily Planet Daily reported that Sonic Labs announced the launch of Sonic Gateway, a decentralized, trustless bridge tool that connects Ethereum and Sonic, designed to eliminate custody risks. 🚀
Sonic Gateway uses Sonic's validator network to ensure the safe transfer of ERC-20 tokens, and users always retain full control of their funds. The transfer time from Ethereum to Sonic is up to 10 minutes, while the transfer time from Sonic to Ethereum is up to 1 hour. ⏳
In addition, Sonic Gateway also has a fail-safe mechanism, which allows users to retrieve assets on Ethereum even within 14 days of failure. 🔒
Against the backdrop of increasingly stringent regulation in the blockchain industry, the launch of Sonic Gateway undoubtedly provides a new solution for decentralized bridging. Although the overall market trend is neutral, Bitcoin is still strong and worth paying attention to. 💪