Rosen Bridge
@RosenBridge_erg
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Rosen Bridge: Watchers monitor, Guards secure. Multi-layered protection for transparent cross-chain liquidity settlements. Ergo: $RSN Bridged: $rsRSN
Joined March 2023
Listing on CEXs incur huge costs and administration and legal requirements such as .▪️market making.▪️contracts/disclosures.▪️marketing fees.▪️agent fees. Take control of your projects liquidity and reallocate those costs with Rosen Bridge and cross chain DEX liquidity pools!
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The Rosen design allows for transfer between any 2 supported chains. Ergo, Cardano, Bitcoin, Binance Smart Chain, Ethereum, etc. 2022 saw bridges fail because they were poorly made and overmarketed. It is time for a new standard. Built on clear assumptions. @Ergo_Platform
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624,000 ERG has currently been transferred to #Cardano, 0.85% of the #Ergo circulating supply. #BridgeBetter
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🎉 rsBTC has been minted on Cardano and Ergo. Another step closer to the #Bitcoin bridge going live!
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The current roadmap is ADA, BTC, BSC, and ETH. However, along the way, we will build open-source kits for support and integration. @Ergo_Platform
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And just like that, #Cardano native assets are multi chain!. They're not only currently transferrable to Ergo and Ethereum but also all future networks like Solana, Binance Smart Chain, Base, Sui, etc. Interconnected to all!
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We've delivered Cardano the Bitcoin bridge, we need your assistance to deliver Runes!. Rosen Bridge is an open source technology that creates a direct and secure connection between the #Bitcoin and #Cardano blockchains. This connection is particularly designed to allow the.
Calling all Catalyst Fund 12 proposers! 🥁. 📣 We're launching an epic Engagement Contest to give YOUR proposal a spotlight on the final Minswap voting list!. To add, the winners ALSO get featured in:.🔹 Medium article.🔹 Educational tweet. How to? 🧵👇
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We're just getting started!. ✅ Ergo.✅ Cardano.✅ Bitcoin.✅ Ethereum.☑️ Binance Smart Chain.☑️ Solana.☑️ Sui.☑️ Base.☑️ Doge.☑️ Flux.☑️ Kaspa.☑️ Privacy coins.☑️ All UTXO chains.☑️ All EVM chains.☑️ All L2s
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@IOHK_Charles We've delivered Ergo. We've delivered the Bitcoin. We're in the process of delivering Ethereum and EVM chains. We will open interoperability for CNTs. We're just getting started! Who/what should we support next?.
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Wen Rosen?… Now. The RSN/ERG pair has been locked on Spectrum and is now live. This marks the start of our journey. Those of you who have been following the development of this project over the past 2 years. Thank you! @ergo_platform
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We have transferred #Bitcoin to Ergo and Cardano! . ✅ Guard update.✅ Watcher update.✅ BTC transfer test of Guards and Watchers.☑️ UI live - Friday
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🔁 Rosen Bridge opening markets!. @liqwidfinance is requesting input for creating a new liquidity market to support wrapped $ERG for lending and borrowing on the Liqwid protocol. #Ergo #Cardano
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The Rosen team has successfully performed test bridging of Bitcoin to Ergo!. #BridgeBetter
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Rosen Bridge user interface to go live in two days!.
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Successful tests!. We're now reviewing the keygen docs, once sound we'll initiate the Guard keygen ceremony. This will be followed by mainnet tests and the official launch of the #Bitcoin bridge!
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@cardano_whale We're just warming up Whale! . Soon we will have Ethereum and EVM bridges, Cardano native asset listings, Bitcoin Rune support, Bitcoin/UTXO forks like Litecoin and Doge and more! . As each network is added, it'll be interconnected with all supported networks 🔥.
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$SNEK is listed on kraken! . But did you know @snek is also available on Ethereum, Binance and Ergo DEXs - appealing to the people advocating for nonKYC access!. Deploy liquidity to rsSNEK!
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🔥 Full EVM integration has begun!. On-chain testing starts next week, and we’ll kick off the #EVM UI development during the integration phase. Stay tuned for updates!
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rsBTC has successfully bridged from Cardano to Ergo!. This test transfer is important as it illustrates the true multi-chain capabilities of Rosen. As long as there is $BTC locked on #Bitcoin, the rsBTC can freely move between all other supported chains!
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Quick update!. #Bitcoin Chain and UTXO Selector have been implemented and are actively being reviewed!. #BridgeBetter $BTC #Crypto
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#Bitcoin and #Ethereum bridges have commenced development!. Due to ease of integration, it seems the Bitcoin bridge could be delivered earlier than EVM!. 💻 #Cardano #Ergo #BridgeBetter
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👨💻 #Bitcoin bridge update!. The Bitcoin explorer, Esplora, is implemented! This means Bitcoin requirements are implemented for the Guard service!. We are now working on wallet support in the app starting with @xdefi_wallet, and researching others. 💻
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As part of our #Bitcoin integration and testing, we have identified a viable path to integrate BTC assets (e.g. Runes)!
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We've experienced a nice little influx of followers since releasing the #Bitcoin bridge. 🌹Rosie's? . How should we refer to our community members? Post some suggestions below!.
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We are working on many things in parallel. Research has begun to support #Bitcoin on Rosen!
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⏰ The count down is on for the #Bitcoin bridge release!. Guard keygen ceremony in the coming days!. Following this, Guards and Watchers will update their services to support BTC, stay tuned for the following steps!
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XMR will be delisted by another liquidity gatekeeper, @Binance. In time, Rosen Bridge can open markets to trade $XMR and privacy coins on DEXs. #Monero #PrivacyMatters.
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The Ergo to Cardano side of Rosen is starting to process transfers. Thank you for your patience!.
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All major Cardano wallets will be supported in real Rosen launch. Currently, we are in public beta testing. Rosen chose to support Nami in testing because it is open source and offers auditable assumptions. @NamiWallet.
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Catalyst Fund 11 - EVM bridge proposal successfully funded!. We are extremely grateful for the community support, and the value you believe we bring to the #Cardano ecosystem with our opensource bridge. Development has commenced!. #BridgeBetter #Blockchain
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Rosen Bridge has implemented support for the following #Cardano browser wallets . ▪️ @NamiWallet .▪️ @eternlwallet .▪️ @lace_io .▪️ @FlintWallet . 🔗 . #RosenBridge #DeFi #Blockchain
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Update!. Testing of the #Bitcoin bridge on private testnet is underway!. #BridgeBetter #Crypto #Blockchain
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#EVM support has been deployed on our private testnet. Once the integration is verified we will begin test transactions, possibly tomorrow!. This is a big milestone for Rosen to become the interoperability hub for all cryptocurrencies and tokens!
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Proposal - Connect @NervosNetwork to Cardano, Ergo and Beyond!. Rosen Bridge has submitted a proposal to the #Nervos Community Fund DAO, with a recommendation from @NervosNation, to request grant funding for Rosen Bridge to integrate Nervos CKB, another UTXO Alliance platform!
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LISTING: rsERG on #Cardano. rsERG | ADA - liquidity pools have been created on the following Cardano DEX's. ▪️@MinswapDEX. ▪️@spectrumxnet. ▪️@SundaeSwap.
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Over the past 24 hours, we have facilitated 54 transfers totalling $340,000 USD in value between Ergo, Cardano, Bitcoin and Ethereum!
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Rosens #Ethereum testnet bridge will start after the Bitcoin bridge is live!. #BridgeBetter #Ergo #Cardano #Crypto
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1,000,000 ERG has bridged to #Cardano, exploring the market and DeFi opportunities. 💻 #BridgeBetter #Ergo #Crypto #Blockchain
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💡 EVM chain integration. We've designed the required packages and implementation has commenced, beginning with the Scanner!. #BridgeBetter #Ethereum #Blockchain #Crypto
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A part of beta testing is refining the user experience. Thanks to all the Ergonauts putting time and energy into helping refine the Rosen experience. @Ergo_Platform
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🚨 Rosen 2 layer protection in action. Yesterday, we encountered a fraudulent transfer that used very large fees in a custom locking transaction. 👀 This event should have been ignored by Watchers and should not be triggered, though due to a missing check in the Watcher service
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In the past 24hrs, Rosen has processed 29 transfers, totally 105,000 $ERG ($226,000), from #Ergo to #Cardano. #BridgeBetter
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#Bitcoin Bridge integration, research is underway!. Our team is investigating and testing different solutions for writing data on the Bitcoin #blockchain and what type of addresses are the best to use. 🔗 #RosenBridge
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Bridge Proposal! Let's connect #Cardano and SUI in Catalyst Fund 13!. @SuiNetwork's thriving DeFi ecosystem is currently experiencing a surge in activity and TVL! . Rosen Bridge will provide ADA and CNT projects and holders, and existing supported networks the opportunity to
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Catalyst Proposal. Rosen opens the door to liquidity flows! We have injected more than $13,000,000 in liquidity, now residing on #Cardano from external ecosystems. Lets continue this growth by onboarding both Solana and Sui, two very rich stable coin liquidity environments!
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The Guards have successfully completed the keygen ceremony, essential for running the #Bitcoin bridge
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We are conducting final tests for #Ethereum to join our bridging network! . Fun then begins with native token listings, Bitcoin Rune support and maybe even Doge 🙈. Want to stay up to date? Join our Telegram channel, link below!
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Quick Update!. EVM Extractor that's based on RPC API has been implemented and is under review. The Extractor is used to monitor, retrieve, and analyze data and activity on #EVM chains. 💻 #BridgeBetter #Ethereum #Crypto
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💥 We are pleased to announce we have begun deploying support for @Binance Smart Chain!. Over the coming days we will set everything up on our end then it's over to the Watchers and Guards to set up their instances. Watch this space 😉
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After 2-3 weeks of cross-chain test transactions, the bridge is technically live and the UI could go live at any moment. We're collaborating with Cardano projects to establish initial pairs on #Cardano dexes. Stay tuned for more details.
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Wrapping up our EVM chain research with the team. A few minor problems to solve, but nothing stopping us from starting to build EVM support. Ready to make EVM happen. Stay tuned!. #EVM #Ethereum #blockchain #crypto
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Over the coming days, we will be implementing our #Ethereum bridge. This will occur over a few steps:. ▪️Administration.Set Configs, issue tokens and update contracts and token maps. ▪️Infrastructure.First, Guards and then Watchers to update their services. ▪️Test.A couple of
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Exciting times ahead!. We had a great time presenting our bridge framework as part of the Ergo meetup at #CardanoSummit2023. Thanks for attending!. #Ergo #Cardano
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Originally we anticipated a potential Guard set of 30. Progression of Rosenet (the Guard p2p layer), we will likely see this extended to approx 100. This will create large thresholds of distributed actors, not seen before in #DeFi. 💻 #BridgeBetter #crypto
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ℹ️ Hummingbot update!. Arbitrage test trades have been completed between Spectrum and Kucoin, decentralized and centralised exchanges. This is a key piece to the puzzle that Rosen provides rsAsset projects and community to manage cross chain market making and liquidity flows!
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@cardano_whale While we're still in the RosenLite era making optimizations, in time #Cardano projects will be able to utilize Rosen to access markets and liquidity in other ecosystems such as #Ethereum, bypassing CEXs. All with the assistance of the community running Watcher and Guard instances.
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Expanding use cases for #Bitcoin. Rosen's imminent Bitcoin interoperability will enable the transfer of BTC between supported blockchains, enhancing the ability to interact across various networks that provide the following benefits. 🔸 Increased Privacy.🔸 Increased Utility.🔸
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We wanted to take a moment and thank the community @ergo_platform for the support. We are currently working on educational content and putting together the process for turning on the bridge.
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Which network/asset should Rosen support to add to our interconnected networks next?. ✅ Ergo.✅ Cardano.✅ Bitcoin.☑️ Ethereum/EVM (in progress). Let us know below 👇
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We're pretty excited, all the things are ramping up! The following is currently in the works for Rosen, no particular order. ▪️EVM adaptor.▪️Bitcoin Runes.▪️R&D for Monero.▪️RosenFast service.▪️Bridge Expansion Kit: For adding new volunteer chains.▪️Bridge SDK: to be used in
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