Bungee Exchange is a tool that helps you move tokens between different blockchain networks. It's like a bridge but finds the best way to move your tokens from one network to another.
Description
Here's how Bungee swaps and transactions work:
- Finding Routes: Bungee shows you different ways to move Token A on one blockchain to Token B on another blockchain. It even considers if you need to swap tokens during the process.
- Single Transaction Bridging: This lets you swap and bridge in one step. You start on one blockchain and end up with a different token on another blockchain.
- Multi Transaction Bridging: This is for more complex moves. You might need an extra step at the end, like another swap on the new blockchain.
Essentially, Bungee makes moving assets across blockchains easier, faster, and more efficient. It handles the complicated parts so you don't have to.
Funding
$820,095
$820,095
Grant
Led by Arbitrum Foundation.
$5,000,000
$5,000,000
Strategic
Led by Framework Ventures and Coinbase Ventures.
$2,000,000
$2,000,000
Pre-Seed Round
Led by IDEO Crypto, with participation from ACME, Steel Perlot, CitizenX, LongHash Ventures, k5, OpenSea Ventures, SignalFire, Immersion Partners, Balaji Srinivasan, Theo Marcu, Anthony Ghosn, Markie Wagner and Joyce Yang.
$5,000,000
$5,000,000
Seed Round
Led by Framework Ventures. Other Investors were Coinbase ventures, Nascent Ventures , egirl capital, Lightspeed Ventures partners, Archetype,Fourth revolution capital, Mark Cuban.