What is “Lock and mint” 🔒 vs. “Burn and release” 🔥❓

🔒”Lock and mint” occurs when tokens are bridged. They are locked on the source network, and minted then on the destination network.
🔥”Burn and release” is the opposite process of bridging. The tokens on the destination chain are burned before the tokens on the source network are released.

👉https://docs.venombridge.com/general/venom-bridge-basics

New milestone: 1,500,000+ VenomBridge total transactions 🎉

Leverage the main gateway to Venom blockchain that ensures an easy, fast and safe way to transfer tokens between Venom, Fantom, BSC, and Ethereum networks.

Make a transfer: https://testnet.venombridge.com/bridge
See the full transaction history: https://testnet.venombridge.com/bridge/history

💡Find the most comprehensive information about VenomBridge in our GitBook:

📚VenomBridge basics
❓How does a bridging between EVM compatible networks occur
🌉What is “Hidden bridge”
💱How Venom Bridge transfer function

Get started here: https://docs.venombridge.com

⚡️Discover a thorough deep dive on Medium about the past three months of the Venom Testnet journey:

➡️Continuous growth
➡️Exciting happenings
➡️ Valuable insights
➡️Updates
➡️Key highlights

Read the full article here https://medium.com/@Venom_network_/revolutionizing-blockchain-venom-testnets-third-month-of-progress-and-developments-e18237fefd7

🌐 Venom Bridge is a robust cross-chain interoperability solution for the ‘Babel tower’ problem in the Venom Foundation ecosystem.

⛓Unite your DeFi - move #assets and data securely across the blockchain.

Try out on Venom testnet right now 👉
https://testnet.venombridge.com

Did you see the VenomBridge sticker pack with our mascot? 🐲😍

It features 16 unique stickers with various moods and emotions. Say hi👋, and express joy ☺️ and amusement 🥰 with the VenomBridge sticker pack! 🐲

Join VenomBridge Discord community to use stickers and have fun with like-minded people:

https://discord.com/invite/venombridge

⚡️478K followers on @VenomBridge Twitter account

🆕Brief updates and announcements
❔Simple explanations of how VenomBridge works
🔄Essential retweets from partners

Follow us on Twitter: https://twitter.com/VenomBridge

🤝VenomBridge is supported by the Venom Foundation Developer program

👨‍💻The Venom Foundation Developer Program is designed to support and encourage developers to build on the Venom blockchain.

🌐The Program is committed to fostering a strong and collaborative developer community that supports the growth and adoption of the Venom blockchain.

Learn more about the Program: https://github.com/venom-blockchain/developer-program

1 000 000 of Venom wallets created 🥳

Your keys and assets are always in your control with Venom Wallet:

💰 Manage your digital assets.
📲Use your phone to generate passwords and keys.
✍️ Create a unique multi-signature wallet for personal and business needs.
🌐 Visit the decentralized websites and connect to them.

⚡️Introducing VenomBridge - the #️⃣1️⃣ native bridge that seamlessly connects wallets and transfers tokens between Fantom Opera, Binance Smart Chain, Ethereum Network, and Venom Network.

💱Facilitating interoperability;
📊Expanding the functionality of decentralized ecosystems;
💲Reduced commission fees.

Go to bridging:

https://testnet.venombridge.com/bridge

⚡️Earn XP for completing VenomBridge quests on Zealy:

🏆Twitter
🏆Boarding on a Venom Bridge
🏆Zealy collabs
🏆Zealy
🏆Discord
🏆Scam report bounty
🏆Telegram

Go to quest board:
https://zealy.io/c/venombridge/questboard

🌎Venom Foundation contributes to tackling environmental issues and encouraging sustainability on a global scale.

🤝The Foundation and the UAE government have agreed on a Memorandum of Understanding (MOU) to create a joint National Carbon Credit System and pave the way for a cleaner, more prosperous future. 🌱

Find out more:

https://t.me/VenomFoundationOfficial/58

📑Find detailed instructions on how to bridge on VenomBridge

❔What will you need
🔢Step-by-step guide: Bridging from Venom to EVM Compatible Network
➕Extra steps to take when bridging to Venom from EVM Compatible Network to Venom wallet with no VENOM tokens on Venom wallet

Go to instructions: https://docs.venombridge.com/getting-started/how-to-bridge
Get support in our Discord: https://discord.com/invite/venombridge

🛡 Did you know that VenomBridge is audited by CertiK?

🔗Founded in 2018 by professors of Columbia and Yale, CertiK is a pioneer in blockchain security, utilizing best-in-class Formal Verification and AI technology to secure and monitor blockchains, smart contracts, and Web3 apps.

Learn more about Certik and its mission: https://www.certik.com/company/about
Go to secure bridging: https://testnet.venombridge.com/bridge

You can get support with any VenomBridge issues in our discord channel #🆘·) support!

If you have any questions, you can create a ticket by clicking on the button that matches your inquiry:

🆘Support
💼Partnership
📩Feedback
📩Problems joining Discord

Join our Discord to get support: https://discord.com/invite/venombridge

📈 We see a substantial increase in VenomBridge trading volumes 🔥

⬆️ +247.21% in 1D Trade Volume;
⬆️ +27.62% in 1W Trade Volume;
💹 1,885,668 Total Transactions! 🎉

See full transaction history: https://testnet.venombridge.com/bridge/history
New transfer: https://testnet.venombridge.com/bridge

Here is a follow-up on Venom Foundation use cases:

➡️ Read the article on Medium to find out about Building Trust and Driving Efficiency: Use Cases of Venom Blockchain 🤝📈

Go to the article: https://medium.com/@venom.foundation/building-trust-and-driving-efficiency-use-cases-of-venom-blockchain-eec8c845e95d
See original post: https://t.me/VenomFoundationOfficial/59

🫰Save with a 0️⃣% Bridge fee on VenomBridge

▶️ Bridge tokens from other EVM networks to Venom network and wVenom (wrapped $VENOM) to other EVM networks with 0% commission fee

Learn more about VenomBridge commission fees: https://docs.venombridge.com/getting-started/what-are-the-commission-fees-for-bridging-with-venom-bridge
Bridge with 0% commission: https://testnet.venombridge.com/bridge

4 Months of Venom Testnet 🎉

Medium article summarizes Venom Testnet's achievements in the last four months:

▶️Discover the latest numbers
▶️Find out about network updates and enhancements
▶️New dApps in the Venom ecosystem
▶️How Blockchain technology drives sustainability

Go to the article: https://medium.com/@Venom_network_/from-strength-to-strength-venom-testnets-fourth-month-recap-375c82e59d62

💬 Do you want to chat with like-minded people?

In our Discord channel #💬·) chat, you can reach out to 193K members.

Topics discussed in the main chat can include:

🆕 The latest news and announcements related to Venom Bridge and other blockchain projects;
📈 Market analysis and predictions;
🧑‍💻Technical analysis of various cryptocurrencies;
🗯 General discussions about the state of the crypto market.

Join our Discord to mingle with VenomBridge community members: https://discord.com/invite/venombridge

💪 New Milestone on VenomBridge: 2,000,000+ total transactions 🎉

Thank you for your trust and loyalty!
Let’s reach new heights in secure bridging together!

Make a new transfer: https://testnet.venombridge.com/bridge
See transaction history:

https://testnet.venombridge.com/bridge/history