Pudgy Penguins introduced that it’s utilizing Layer-0 to permit cross-chain transactions on including Polygon (MATIC), BNB Sensible Chain, and Arbitrum (ARBI) to enhance entry for individuals past the Ethereum (ETH) blockchain.
The choice was made to extend quick access to the NFTs and enhance the prevailing infrastructure, in keeping with the announcement. As well as, the undertaking goals at larger interoperability throughout chains and protocols constructed on them. The announcement states:
“That is simply the beginning of our efforts to broaden and distribute the attain of Pudgy Penguins IP, and we’ll at all times be in search of new methods to do that. By increasing our horizons to extra blockchains, we open up prospects of working with numerous companies that work on these chains.”
Ease of entry and capability
Within the final week of December 2022, the transaction quantity of Pudgy Penguins surged by 599%. Presently, the penguins expertise nearly 2 million transactions a day, which is difficult on the ETH infrastructure and pushes fuel charges up by nearly 1,000%.
The undertaking staff additionally mentioned they anticipate the subsequent wave of customers to be “lots of of thousands and thousands.” This is the reason the undertaking determined to advertise ease of entry.
The three chains had been chosen “resulting from their quickly rising utilization and publicity.” After the enlargement to Polygon, BNB Chain, and Arbitrum is accomplished, the undertaking will proceed to incorporate extra chains into its ecosystem.
Soulbound token
The undertaking staff can also be launching soulbound tokens to assist facilitate cross-chain transactions. A complete of three soulbound tokens shall be issued to Pudgy Penguin NFT holders, every corresponding to 1 chain.
Relying on the chain the penguin holders bridge to, a novel commemorative soulbound token representing the bridge will seem within the person’s wallets inside 5 minutes.
