Cheap and Fast Bridging of $USDC with Umbria Network’s Narni Bridge

$USDC added to Umbria’s Cross-chain Narni Bridge

Our community has known for a little while now, but for the wider world there’s more great news about our Narni cross-chain liquidity bridge. You can now send $USDC between the Ethereum and Polygon networks groundbreakingly quickly and cheaply.

The stablecoin can be migrated cross-chain in under four minutes and typically for less than $10 in gas fees — https://bridge.umbria.network/

Earning fees on $USDC

The news gets even better though. $USDC holders can provide liquidity to the bridge in the protocol’s Pool and Earn staking feature to earn fees. https://bridge.umbria.network/pool/). As a liquidity provider you receive fees when anyone else bridges $USDC between networks.

Cheap bridging for ETH

The recent addition of ETH to the bridge has made waves in the DeFi community and has been a particularly huge hit with Zed Runners. The reason being that gas fees for transferring ETH from Ethereum to Polygon network are exceptionally low and can even be sub $2.

“As USDC and USDT are frequently bridged, we expect that they will soon be accruing higher fee generation and rewarding liquidity providers far more than we are used to seeing,” said Oscar Chambers, Co-lead developer of Umbria.

For more information about the bridge see the Umbria documentation page: bridge.umbria.network/docs and for feedback, questions and the very latest news about the Narni Bridge please head to our Discord channel.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Umbria Network

Umbria Network

Umbria’s Narni Bridge is the fastest, cheapest cross-chain liquidity bridge Ethereum ↔️Polygon/AVAX/BSC. Migrate assets almost instantly for the LOWEST fees