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Network Nerve
Network Nerve

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XDC Network Crosschain Implement Proposal

Hello XDC Community

This is NerveNetwork, a gas-free blockchain network, our goal is to connect all isolated blockchains and establish a cross-chain asset exchange network, providing all necessary underlying support for the Defi ecosystem. Let every digital asset holder experience a safe, free, and transparent DeFi service.

In general, NerveNetwork is a gas-free blockchain built to solve crosschain problems and DeFi demands. NerveBridge is the core product of NerveNetwork, other than the bridge, there is NerveSwap and NerveFarm, knowing that all the NerveNetwork products are multi-chain friendly is important!

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We intend to implement our crosschain bridge to the XDC Network ecosystem. We noticed that XDC blockchain now has WanBridge as its official bridge,unfortunately, WanBridge is only friendly to some of the mainstream crypto assets such as ETH, USDC, etc. NerveBridge is unlike WanBridge, it allows users to crosschain any customized XDC tokens to other 18 supported blockchains that are already supported, including Ethereum/ BNBChain/ Polygon/ Heco/ OKC/ Tron/ Avalanche/ Harmony/ KCC/ Cronos/ Arbitrum/ Fantom/ Metis/ Optimisim/ IoTex/ smartBSH/ Klatyn/ NULS and NerveNetwork

There is a full suite of NerveNetwork ecosystem products that can maximize the profits for XDC ecosystem projects and users, below is a list of our products. I will giving out more details about the Nerve products in the following content.


NerveBridge – Bridging any XDC-based token to 19 blockchains, expanding new territory for any XDC ecosystem projects

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DApp : https://bridge.nerve.network

NerveBridge is the main product of NerveNetwork, and aims to build a crosschain ecosystem that consists of 20+ blockchains including Ethereum, BNBChain, Polygon, Heco, OKC, Tron, Avalanche, Harmony, KCC, Cronos, Arbitrum, Fantom, Metis, Optimisim, IoTex, smartBSH, Klatyn, NULS, and NerveNetwork itself. It's very simple to use. Nerve has assisted over 200+ Tokens from BSC/ Ethereum/ Polygon/ Fantom... to circulate on multiple blockchains. NerveBridge supports the most mainstream assets, such as USDT, ETH, BNB, FTM, ONE, MATIC, and all the underlying token of our supported blockchains.

NerveSwap – Charge-free Token listing. A DEX with absolutely no transaction fees and fast confirmation

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DApp : https://nerve.network/swap

NerveSwap is a decentralized gas free exchange built within NerveNetwork. Relying on Nerve's crosschain ability, you can easily swap the same token just in different forms, for example, you can swap USDT(ETH) to USDT(TRON) using NerveSwap or XSP(XDC) to XSP(ETH) supposing that XSP has liquidity on Ethereum blockchain.

NerveFarm – Creating Stake/Farm Pools for XDC ecosystem projects on NerveSwap

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DApp : https://nerve.network/farm

NerveFarm is a DeFi infrastructure that provides NerveSwap liquidity with opportunities to participate in farming. NerveFarm can create farming pools for both single-coin and LP tokens. This feature will be open to all the XDC ecosystem builders as well.

NerveScan - NerveScan is self-developed blockchain browser for NerveNetwork

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DApp : https://scan.nerve.network/


Grant amount we are applying for : $15,000 XDC token

How are we going to spend the grant?

1. To add liquidity on NerveSwap to serve the XDC community users. (4K)
We will use a part of the granted XDC token to add liquidity on NerveSwap. Once there is liquidty for XDC on NerveSwap, our crosschain router will enable XDC community members to crosschain-swap XDC token to BNB/ETH/MATIC/FTM,,,directly on their native chains. This is something WanBridge can't do, it is very help when you want to participate in other blockchains, you can use this feature to exchange a little gas fee directly to you target chain instead of relying on CEXs.

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2. Developemt/deployment/testing costs (10K)
The integration is expecte to take anywhere from 1 month to 2 month, requires certain degree of development efforts and testing costs.

3. Cross-marketing budget (1K)
After the integration is done, we will be using some XDC token to carry out community events such as giveaways and AMAs. We would very much like to come to the XDC community & teach the community users how to interact with our products!


NerveNetwork Resources Links

Website
Document
Github
Explorer
Data Service

*We have witnessed the development of the XDC blockchain ecosystem and the rapid-shifts in the industry, and we have always believed that multi-chain is the future of blockchain. At the same time, we are also looking for more like-minded partners to build the ecosystem together. We hope to work together with XDC blockchain to make XDC's ecosystem projects reach more communities and users through our cross-chain capabilities. Hope to build together in the future with XDC people! *


About 2 weeks ago, we shared this proposal on the XDC forum,unfortunately we didn't receive any vote. Then we realized we didn't put it on the right place (the proposal section). So we are posting this proposal again and we really look forward to getting your votes!

If you have questions about the proposal, please don't hesitate to ask, we will answer your questions as soon as we can!

And if you like our bridge & allow us to be a part of the ecosystem builders : Vote = Yes!

Discussion (2)

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n_w_rct profile image
NIcholas Winch

Vote = Yes!

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robin_kris_fac0a0748e9b5d profile image
Robin Kris

Would like to see what NerveNetwork has to bring to the XDC ecosystem