tl;dr
- ChainPort has bridged Every Finance’s FORM token from Ethereum to BNB and Polygon
- FORM token holders can now trade on QuickSwap on Polygon and PancakeSwap v3 for BNB
- Other exchanges listing FORM token include LATOKEN and Gate.io
- Every Finance offers the world's first decentralized exchange-traded funds or dETFs
- dETFs are rebalanced using proprietary algorithms based on risk parity principles
Bridging FORM Token from ETH to BNB & Polygon
ChainPort has bridged Every Finance’s FORM token from Ethereum to both BNB and Polygon, enhancing its utility. Following the token bridging, FORM token holders can trade on QuickSwap on Polygon and PancakeSwap v3 for BNB. Other prominent exchanges that list FORM token include LATOKEN and Gate.io.
FORM ETH Contract Address: 0x21381e026Ad6d8266244f2A583b35F9E4413FA2a
FORM BNB Contract Address: 0xB0435E8e7Fa39EBA2ac922Eba6f309711Ec6FA23
FORM Polygon Contract Address: 0x74C8B94ecA3B47b1179fd1f48983CBEd265b67af
Every Finance offers the world's first decentralized exchange-traded funds, or dETFs. These dETFs are innovative financial products that harness the power of multiple assets across major blockchains. dETFs are rebalanced using proprietary algorithms based on risk parity principles, ensuring optimal performance and stability.
In the past, Every Finance was known as Formation Finance, before it underwent a rebranding.
The rebranding is why their ecosystem token is known as FORM. According to Every Finance's documentation, the FORM token will eventually be swapped for a new token called EVERY, reflecting the platform's evolving capabilities.
By bridging the FORM token to BNB and Polygon, ChainPort not only expands the token's reach but also enhances liquidity and trading opportunities for users. This integration underscores ChainPort’s commitment to providing cross-chain solutions and empowering projects like Every Finance.
How to Bridge FORM Tokens from ETH to BNB in 3 Steps
Below is a step-by-step guide on how to bridge FORM tokens from ETH to BNB as an example. Please note that token holders can also bridge FORM tokens to Polgon and back to ETH by swapping the source and target chains.
Step 1 - Connect Your Wallet
Go to ChainPort's bridge (https://app.chainport.io/) and connect your wallet. ChainPort supports Ledger, Trezor, Coinbase Wallet, Wallet Connect, and Metamask wallets. Select the wallet with the ETH-based $FORM tokens you wish to bridge to BNB.
Step 2 - Select the Chains & Token
In the drop-down menu, select the source blockchain and the target blockchain. In our case, the source chain is ETH, and the target chain is BNB. Select the $FORM as the token you wish to bridge from the dropdown menu.
Step 3 - Confirm Tx & Get Tokens
Review all related information, including gas fees and the token, before confirming the transaction. Once you have confirmed all details, approve the transaction and wait a few minutes for it to be processed. Afterward, your FORM tokens have been successfully bridged from ETH to BNB.
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