On 26th January 2024, the XX Foundation announced the first awardee of the new grants programme, that being community leader and XX Council member Bulldog who has engaged the services of BitFashioned to produce the much anticipated EVM bridge for XX.
The bridge will allow for on and off-ramping XX into the Ethereum ecosystem, including via a wrapped token (currently dubbed wxx) which will be tradable on popular DEXs. A DEX listing is part of the recently announced roadmap for Q1.
The goal of expanding XX’s reach into other chains’ ecosystems and trading platforms is to expand the visibility of the XX Network project, increasing the community size, growing the development capability for new and cutting edge privacy applications, and increasing the likelihood of potential future centralised exchange listings.
The bridge is set to be developed from now with a target launch of April, and more grant award approvals are to be announced in the next 30 days.
You can read the full announcement here.
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