Mover: The One-Stop Shop for All Your Cross-Chain Needs
Learn about Mover and how to participate in Mover promotions on Bitget right here!
The world of blockchain technology is a fascinating yet complex one, and it's no doubt that being confined to a single blockchain can be frustrating for users. But what if there was a solution that could break down these limitations and provide a seamless and secure way to transfer assets across multiple chains? Enter Mover - the first cross-chain bridge and messaging protocol connecting Aptos to other blockchains for ultimate interoperability.
The solution to cross-chain challenges
Despite acknowledging the significance of interoperability, the blockchain industry has yet to produce decentralized systems that operate efficiently, securely, and at scale. Present-day cross-chain communication depends on go-between platforms such as bridges. However, most of them can not adequately reflect Web3 values since they are not censorship-resistant and entail trusted intermediaries. According to a recent report from Chainalysis, cross-chain bridges were responsible for the majority of cryptocurrency hacks in 2022, amounting to roughly $3.1 billion worth of assets.
Welcome to the world of Mover - an Aptos-first liquidity bridge and general cross-chain messaging protocol. With an innovative hybrid architecture powered by zkSNARK nodes, Mover guarantees its users the highest level of security and transaction speed.
Source: Mover Medium
How does Mover work?
Mover has introduced an innovative hybrid architecture that combines light client verification and a network of nodes for secure multi-party threshold signing to guarantee maximum security and accelerate the addition of new blockchains to the bridge.
Right from the outset, Mover Bridge will leverage light client verification for cross-chain messaging with the EVM blockchains that are supported. For non-EVM chains, swap transactions to and from will be carried out through a network of nodes responsible for performing secure multi-party computation (MPC) to obtain a threshold consensus. The MPC nodes are responsible for verifying and collectively signing transactions, which ensures their security and integrity.
Mover boasts several unique features that make it the go-to platform for cross-chain transactions. With Mover's embedded bridging paradigm, users can access unlimited liquidity from other chains right at the point of usage, making the cross-chain communication experience faster and more convenient than ever before. In recent tests, Mover showed 10x to 4000x faster than its competitors in the Aptos ecosystem.
Mover vs. other bridges in the Aptos ecosystem
Source: Mover Twitter
Not only is Mover fast and convenient, but it is also incredibly secure. Mover's top-notch security guarantees are backed up by a fully automated anti-hack system that continuously monitors and actively prevents any attempts to compromise the network. Plus, Mover's relayers are operated by different entities, providing an added layer of security and decentralization. With Mover, you can rest assured that your assets are in safe hands.
But wait, there's more! When you stake your $MOVER tokens, you can earn a percentage of the bridging fees collected by the Mover protocol, increasing your total money-making potential. And if you hold $veMOVER, you have the power to vote for increased rewards for liquidity providers, amplifying profits by leveraging existing resources and utilizing existing strategies.
Mover is the go-to choice for traders and investors alike, with lightning-fast cross-chain capabilities, top-notch security, and the potential for increased profits.
Mechanism design and tokenomics
Are you tired of sitting on the sidelines as the digital asset market continues to grow? Well, it's time to become a mover and shaker with Mover Token (MOVER)! This unique utility token is making waves in the crypto world with not one, not two, but six distinct utility mechanics that can help you reap long-term benefits from your investments.
Source: Mover Medium
But what really sets Mover apart from the rest is its staking mechanism. With Mover, you can stake MOVER with a time lock to receive $veMOVER, a special token that can help you earn even more rewards. The longer you lock up your MOVER, the more $veMOVER you receive, with a maximum lock period of four years.
And the rewards don't stop there. As a $veMOVER holder, you'll also receive a weekly distribution of 25% of the bridging fees in stablecoins. That means you can sit back and watch your investments grow while earning passive income at the same time.
Mover is a community-first project that values the support of its early adopters and OGs. To ensure the healthy growth of MOVER's price, the team has carefully crafted optimal allocation parameters.
Source: Mover Medium
The maximum supply of MOVER is set at 100,000,000, but the most exciting part is how the tokens will be allocated. A whopping 45% of the tokens will be allocated to Community Growth, demonstrating Mover's commitment to putting the community first. This allocation will reward the early adopters and community OGs who have supported and inspired Mover from the beginning. The IDO allocation is only 3%, ensuring that the community members have more access to MOVER's price development, income sharing, governance, and utility. This low initial market cap will enable the community to have greater control over MOVER's future growth, leading to a more sustainable model for the long term.
Mover exclusive campaigns on Bitget
Campaign 1: Mover x Bitget Launchpool
Are you ready to earn some MOVER tokens without any cost? Join our Mover x Bitget Launchpool campaign today and start staking to earn a share of the 74,000 $MOVER tokens up for grabs!
- Campaign period:14th March 2023, 11 AM - 19th March 2023, 11 AM (UTC)
- BGB Pool: 74,000 MOVER (Lowest staking value: 3 BGB)
- Highest staking volume: unlimited
Campaign 2: Initial Listing With $MOVER in the Innovation Zone
Attention all crypto traders and enthusiasts! Bitget is excited to announce the Initial Listing of MOVER in our Innovation Zone on Tuesday, March 14. This is your chance to be one of the first to trade this cutting-edge new token, and we're offering exclusive promotions to celebrate!
Campaign period: 14th March 2023, 12 PM - 19th March 2023, 12 PM (UTC)
Promotion 1: Learn Earn MOVER
200 lucky users who answer all 5 questions about MOVER correctly will be randomly selected and get 92.5 MOVER each.
Take the MOVER Pop Quiz to win your prize!
Promotion 2: MOVER Spin-A-Coin, Hold Trade to Share 37,000 MOVER!
HOLD > 400 MOVER to earn one chance to draw.
SPOT trading volume of MOVER/USDT > $100 to earn one chance to draw
SPOT trading volume of MOVER/USDT > $1,000 to earn two chances to draw
*Spin-A-Coin will open in 30 minutes after MOVER trading opens.
Promotion 3: Share 5,000 USDT at Spot Grid Trading!
Users are able to share 5,000 USDT worth of prize pool by trading MOVER/USDT at Spot Grid trading based on their Spot Grid trading volume! First-time users have a chance to get an extra 10 USDT! (200 users will be randomly selected)
*Only Spin-A-Coin participants are eligible for this campaign.
Promotion 4: Social Media Campaign with 18,500 MOVER!
Disclaimer: All investment strategies and investments are subject to the risk of loss. Nothing contained in this article should be construed as investment advice. Users are strongly advised to do their due diligence and invest at their own risk.
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