As we move through the first half of October, Chainspot has been busy expanding its integrations and enhancing the user experience through partnerships with key blockchain ecosystems. Here’s a roundup of the latest updates, partnerships, and marketing campaigns that have been driving growth and innovation on the Chainspot platform.
New Blockchain Integrations
Mint Blockchain
On October 1st, Chainspot proudly integrated with Mint Blockchain, a Layer 2 network built on the OP Stack, specifically designed to foster innovation in the NFT ecosystem. Mint Blockchain emphasizes advancing NFT standards and creating new applications for NFTs across industries such as gaming, entertainment, reputation systems, and more.
With this integration, Chainspot users can now leverage Mint’s low gas fees and extensive NFT infrastructure to explore new avenues in the decentralized space. Whether you’re minting NFTs or swapping assets across chains, the integration with Mint Blockchain enhances user experience with fast and efficient cross-chain swaps and opens doors to new NFT use cases.
BOB Blockchain
Chainspot also integrated BOB, a hybrid Layer 2 blockchain that combines the security of Bitcoin with the versatility of Ethereum’s EVM smart contracts. BOB focuses on scaling Bitcoin while maintaining the flexibility of Ethereum-based tools and infrastructure, making it ideal for developers looking to build on both ecosystems simultaneously.
Thanks to this integration, Chainspot users can now seamlessly swap and bridge assets using BOB’s dual liquidity from the Bitcoin and Ethereum ecosystems. This opens up new possibilities for both developers and users, offering them enhanced security through Bitcoin’s PoW and the ease of building with Ethereum.
Frax Ecosystem
Another major integration for Chainspot is the Frax Ecosystem. Frax is a decentralized finance protocol that issues three stablecoins: FRAX, FPI, and frxETH, each designed to serve unique purposes within the ecosystem.
- FRAX is pegged to the USD, providing stability for transactions and DeFi operations.
- FPI (Frax Price Index) is a stablecoin pegged to a basket of consumer goods, offering a novel way to hedge against inflation.
- frxETH is a liquid staking derivative token pegged to ETH and intended to replace WETH in smart contracts. Fraxswap and Fraxlend provide additional flexibility for liquidity provision and decentralized lending.
With Frax’s ecosystem integrated into Chainspot, users can take advantage of Frax’s innovative tools, stablecoins, and liquidity solutions, making cross-chain swaps and DeFi interactions even more efficient and flexible.
Marketing Campaigns
Linea Partnership
On the marketing front, Chainspot announced an exciting partnership with Linea, a zk-rollup-based Layer 2 scaling solution. This partnership allows Chainspot users to enjoy fast, secure cross-chain swaps while benefiting from Linea’s advanced zk-rollup technology. Through Chainspot’s multi-level loyalty program, users can earn cashback on every swap and unlock exclusive referral rewards.
This campaign has been a success, highlighting the increased efficiency in transaction speeds and reduced fees. We continue to promote our integration with Linea, offering users a streamlined cross-chain experience powered by cutting-edge technology.
Moonbeam Partnership
Chainspot also partnered with Moonbeam, a highly compatible smart contract platform built on Polkadot. The integration with Moonbeam brings Chainspot users access to a growing ecosystem of decentralized applications while leveraging the scalability and interoperability of Polkadot.
In our marketing campaign, we focused on promoting the benefits of cross-chain swaps with Moonbeam and emphasized Chainspot’s multi-level loyalty program, where users can earn cashback on every transaction and referral rewards. This campaign has successfully introduced more users to Moonbeam’s ecosystem, boosting participation in cross-chain activities.
Campaign Results
The campaign in partnership with Avalanche, which ran in September, has concluded. We carefully reviewed all participant data to ensure fairness and transparency. After verifying user activity and conducting a detailed review of real transactions, we will distribute the prize pool to the verified participants. We appreciate everyone who participated and helped make this campaign a success by ensuring authentic engagement.
Stay tuned for more upcoming campaigns and updates as Chainspot continues to expand its network of partners and integrations!
