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ChainPort Defi Coins Review – A Detailed Review About ChainPort

by Cws Team
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ChainPort Defi Coins Review - A Detailed Review About ChainPort

About ChainPort

ChainPort is a permissionless and fully custodian bridge that lets you port any crypto token (ERC20 native and Polygon Native) to different blockchains like BNB Chain, Avalanche, Polygon, Fantom, Moonriver and Fuse. Porting is easy and does not require any code or technical integration, everything is done through our simple and easy-to-use UI. This is creating bridges between blockchains, turning a fragmented crypto space into a unified universe.

ChainPort Defi technology leverages smart contracts to port tokens between blockchains formerly locked inside a mono chain environment that prevents interchain exchanges.

With Chainport multi bridges, boldly porting tokens to blockchain where no external token had been exchanged before is becoming a reality. Our team unites people whose razor-sharp mind, stellar work ethic, boundless creativity, and burning drive to make the world a better place drive them to produce high-performance,  user-friendly solutions.

Quick Fact About ChainPort

Coin Basic Information
DEFI Coin Name ChainPort
Circulating Supply N/A
Max SupplyN/A
Token symbolPORTX
Source CodeClick Here To View Source Code
ExplorersClick Here To Visit
Twitter Group Click Here To Visit Telegram Group
DocumentationClick Here To View
Official Project Website Click Here To Visit Project Website

Securely Port Tokens Beyond Blockchain Frontiers

ChainPort is a next-gen hard-security custodian blockchain bridge that lets you hop across chains at a click.

Real Cross-Chain Interoperability

There’s no longer a need to look for a specific bridge for several of our blockchains. Port your tokens freely between the supported chains without reverting to the original chain.

Easy, Fast and Secure

Use a single, elegant UI to transfer assets between blockchains at an incredible speed with easy onboarding. Already supporting the most popular wallets in the industry.

Meet ChainPort

ChainPort is a permissionless crypto bridge that lets you port any crypto token (atm, ERC20 native) to different blockchains like Binance Smart Chain, Polygon, Avalanche, and others within just seconds.

Features & Benefits

Permissionless

Port your tokens between blockchains and boldly trade across the cryptoverse.

Cross-Chain Ports

Port your token across multiple chains without ever reverting to the original token.

API Integration

Add ChainPort bridges to your token directly from your digital property.

Multiple wallets

Compatible with Metamask and other leading hot and cold wallets.

Security First

Advanced security including fund segmentation, multi-sig cold wallet protection for assets, multiple contract audits

Get a dedicated deep link with a direct link to your token pair and blockchain, easier for your community.

Security

With the constant rise of cybercrime, protocols with high TVL like Exchanges and Bridges, are at risk. ChainPort is heavily invested in providing maximum security for its whole ecosystem.

Security procedures already in place include:

  • Fund Segregation
  • Multisig Cold Wallet Protection
  • Contract Level Security
  • Dedicated Fireblocks MPC Secure Transfer Environment
  • Independent Audits by CertiK and CyberUnit
  • Continuous Monitoring by CertiK Skynet

Fund Segregation

Instead of leaving all funds in a single storage, each bridge’s funds are stored in three distinct segregated storage mechanisms.

Note that this is how all major CEX exchanges store their assets. We think this is the most secure way to store our client’s funds especially in light of all the recent hacks to DeFi applications and bridges

Multi-sig Cold Wallet Protection

95% of the assets are secured in muti-sig cold vaults accessible exclusively through multiple cold wallet co-signers

Independently Audited

Chain Port Smart Contracts are verified and audited by leading blockchain security firms. Access their report here

MPC encryption cold storage

Multi-Party-Computation technology combining the latest cryptography breakthroughs with hardware isolation, powered by FireBlocks

Contract Level Security

Integrated contract freeze rules upon unusual pattern detection in development

Insurance Program

Storing X% of ChainPort’s revenues as insurance funds in a transparent secure address

In developmentAI/ML security activation

Enhanced breach attempt pattern recognition through AI/ML detection.

Roadmap

2022 Q3

  • Explore page
  • ChainPort Private Custodian V1
  • Trail of Bits Audit
  • New chains: Aurora, Dogechain
  • New native tokens chains: Fantom
  • Porting fees V1 (pay with ported tokens)
  • PORTX token launch

2022 Q4

  • First non-EVM chain – Cardano integration
  • 4 new wallet support
  • New Chains: Arbitrum, Celo, Step network, & Evmos
  • Porting fees V2 (stake and pay with PORTX)
  • ChainPort telegram butler
  • ChainPort for stablecoins V1
  • Port to Ethereum V2
  • ChainPort Widget
  • End-of-Year target: 12 supported chains, 100 tokens, 20k users

2023 Q1

  • Porting fees V3 (pay with chain token)
  • Get the target chain’s token when porting
  • Multi-chain swaps – 1inch integration
  • Port tokens to a different address
  • New Chains: Solana, Cosmos +3 EVMs

2023 Q2

  • ChainPort Gnosis app
  • ChainPort for stablecoins V2 (more chains, also non-EVMs)
  • 3 new EVMs
  • NFT bridging V1
  • Mid-year target: 18 supported chains, 150 tokens, 40k users

2023 Q3

  • Layer zero porting (port between contracts)
  • Liquidity porting (LP tokens)

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