bxlETH

Our project is a multichain Ethereum staking platform that leverages NEAR protocol chain signatures to provide a seamless and unified staking experience across multiple blockchains. Users can stake ETH from any supported blockchain, such as Ethereum, Binance Smart Chain, and Polygon, with the flexibility to withdraw at any time. Upon staking, users receive bxlETH, a liquid staking token whose value is dynamically adjusted based on staking returns and synchronized across all blockchains using chain signature technology. The platform features a user-friendly interface designed for simplicity, ensuring a smooth experience for staking, managing, and withdrawing assets. Security is paramount, with NEAR protocol's robust features ensuring the safety of user funds and transactions. The decentralized nature of the platform reduces the risk of single points of failure, enhancing reliability. The basic flow involves users selecting the amount of ETH to stake, receiving bxlETH tokens, earning returns over time, and having the option to withdraw their staked ETH from any supported blockchain. This project aims to simplify and enhance the staking experience by providing a versatile, secure, and user-friendly platform that leverages cutting-edge blockchain technology for cross-chain compatibility and liquid staking solutions.

Our project was built using a combination of TypeScript/JavaScript, Solidity, and React to create a seamless multichain Ethereum staking platform. We developed TypeScript/JavaScript contracts and scripts to integrate with the NEAR protocol, enabling cross-chain compatibility and leveraging NEAR's chain signature technology for synchronizing the value of our liquid staking token, bxlETH, across different blockchains. We deployed test Solidity smart contracts on the Ethereum network to facilitate staking, minting of bxlETH, and withdrawals, ensuring that our staking mechanisms function correctly. The frontend was built using React, providing a user-friendly interface for staking, managing, and withdrawing assets. The integration with NEAR involved using chain signatures to manage bxlETH value synchronization across multiple chains, ensuring consistent token valuation. This innovative approach, combined with the robust testing on Ethereum and the responsive React frontend, resulted in a versatile and user-friendly multichain staking platform that simplifies and enhances the staking experience across different blockchain ecosystems