Applications open for Neo X Token bridge, NDMEME becomes first non-native approved token

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NeoDashboard’s NDMEME token would be the first non-native token accredited to be used on the Neo X native bridge, permitting switch between the Neo X and Neo N3 networks. On account of the itemizing, NDMEME is now bridgeable between each chains and may now be traded on Carrot Swap and Flamingo Finance.

The bridge is constructed and maintained by BaneLabs, a three way partnership between Neo World Growth, AxLabs, and Neo SPCC. It allows interoperability between Neo’s dual-chain structure, permitting supported property to be securely locked on one chain and represented on the opposite. Previous to NDMEME itemizing, the infrastructure solely enabled bridging of native tokens NEO and GAS.

To make sure the long-term reliability and safety of the bridge, BaneLabs has established a proper whitelisting course of. Initiatives should meet each technical and strategic standards to qualify. On the technical facet, the token contract should be immutable, audited on each chains, and open supply. Contracts should adjust to the respective NEP-17 and ERC-20 requirements for Neo N3 and Neo X, and vacation spot chain contracts should be newly deployed. Initiatives are additionally required to make use of official BaneLabs templates of their contracts to make sure standardization.

From a non-technical perspective, the group will consider elements such because the traction of the originating community, its alignment with the broader Neo ecosystem, and the existence of a public improvement roadmap. Groups should additionally determine core contributors and supply related documentation through the utility course of. Fastened provide tokens are totally supported, whereas uncapped provide fashions will likely be thought-about on a case-by-case foundation.

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Every submission will likely be reviewed individually, making an allowance for the technical readiness of the token and its ecosystem worth. Full necessities and utility kinds can be found on the official AxLabs Bridge Itemizing Portal (go.axlabs.com/neox-bridge-listing).

The unique NDMEME announcement might be discovered on the hyperlink beneath.
https://x.com/DashboardNeo/standing/2002163421433717146?s=20

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