The Rainbow Bridge Has Arrived: A Permissionless Bridge to Last 100 Years

The Rainbow Bridge is a fully permissionless and decentralized bridge connecting the NEAR and Ethereum blockchains. 

Rainbow Bridge Specs and Features: 

– Fully Decentralized and Permissionless: Anyone, Anytime, Any Asset. 

– 1000 x Cheaper Gas Fees On NEAR Than Currently On Ethereum 

– Any existing ERC20, ERC721, or NEP-21 token

– Maintain COMPLETE Custody of your assets as you move them between networks

– Ref.finance = A NEAR Community Built AMM is now LIVE

Fee Comparisons: NEAR & Ethereum 

For NEAR Developers: Access all current assets (ERC20, ERC721, ERC998) and decentralized financial products existing on Ethereum, on NEAR. 

For Ethereum Developers: Easily migrate to NEAR if gas fees remain unfeasible, while maintaining your Ethereum-native user base.

It’s All On NEAR Protocol: 

Stablecoins. USDT (Tether), DAI, and TUSD

Wrapped. WBTC and WETH

DEX tokens. UNI and 1INCH

Lending tokens. AAVE and COMP

Service company tokens. HT (Huobi) and CRO (Crypto.com)

“The Rainbow Bridge allows developers to utilize Ethereum assets and smart contracts on NEAR—a fast, scalable, and low-cost environment. The Bridge has the power to accelerate community development as it allows ETH users immediate access to apps built on NEAR.”
– Alex Skidanov, Co-Founder of NEAR Protocol