Rosen Bridge: Connecting Cardano, Ergo, and Bitcoin#
The Rosen Bridge enables seamless interaction between the Cardano, Ergo, and Bitcoin blockchains. This bridge doesn't facilitate direct swaps between native tokens. Instead, it allows users to convert:
- ADA into rsADA on the Ergo blockchain
- ERG into rsERG on the Cardano blockchain
- BTC into rsBTC on both Ergo and Cardano blockchains
This functionality opens up new possibilities for token holders across these ecosystems.
Supported Tokens#
| Token | Description | Network |
|---|---|---|
| ERG | Native Ergo token | Ergo |
| ADA | Native Cardano token | Cardano |
| BTC | Native Bitcoin token | Bitcoin |
| SigUSD / SigRSV | Ergo stablecoin and reserve | Ergo |
| RSN | Rosen Bridge token | Ergo |
| COMET | Ergo ecosystem token | Ergo |
| SPF | Spectrum Finance token | Ergo |
| Hosky | Cardano meme token | Cardano |
Ergo Ecosystem Opportunities#
-
Token Swaps: Use Ergodex to acquire native tokens like rsADA, rsBTC, or rsHOSKY.
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Auction House: A decentralized marketplace for NFTs and tokens that now accepts rsADA and rsBTC. List tokens in bulk or make offers.
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SigmaFi: A decentralized peer-to-peer bonds market where you can use wrapped tokens as collateral.
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DuckPools: Lend rsADA, rsBTC, and other supported tokens.
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ErgoMixer: Enhance privacy by mixing your wrapped tokens.
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SigmaO: Create American-style call and put options on any wrapped token.
Tip: Low on ERG for transaction fees? Use babel-fees on Ergo to pay transaction fees with native tokens when you don't have enough ERG.
Cardano Ecosystem Opportunities#
- Cardano DEXs: Gain exposure to Ergo and Bitcoin bridged tokens on popular Cardano decentralized exchanges: - Spectrum - Minswap - Sundaeswap
- Liqwid Finance: Participate in DeFi activities using bridged tokens, including rsERG and rsBTC.
- Lenfi: Explore lending and borrowing options with bridged assets.
Future Developments#
As the bridge continues to evolve, we anticipate more integrations and offerings involving rsADA, rsERG, rsBTC, and other bridged tokens. Stay tuned for exciting developments across all three ecosystems!