Blackhole Launches Multi-Chain Bridge for Direct Wallet Deposits
Blackhole Launches Multi-Chain Bridge for Direct Wallet Deposits
🕳️ Bridge just got easier
Blackhole has made cross-chain bridging accessible to everyone with their new multi-chain bridge feature.
Key Features:
- Bridge tokens from multiple blockchain networks
- Direct deposits to any specific wallet address
- Streamlined process: Bridge → Deposit → Earn
The platform recently upgraded their bridging infrastructure, allowing users to send tokens to different addresses on destination chains. This enhancement makes asset transfers more flexible and user-friendly.
How it works: 1. Visit the bridge interface 2. Select source and destination chains 3. Specify target wallet address 4. Complete the transfer
The service aims to simplify cross-chain transactions for both newcomers and experienced users.
Blackhole is for everyone 🕳️ You can bridge from multiple chains to any specific wallet directly from our website! Bridge --> deposit --> earn
🕳️ Blackhole Protocol Distributes $530K+ to veBLACK Holders After Epoch 20 Voting
**Blackhole Protocol** has completed epoch 20 voting, distributing over **$530,000 in rewards** to veBLACK holders. **How it works:** - Lock $BLACK tokens to obtain veBLACK - Use veBLACK to vote for liquidity pool rewards - Receive weekly distributions based on voting participation **Recent incentives added** include $13,000 across multiple pools: - $WETH.e / $KIGU - $SUPER / $BLACK - $BTC.b / $USDt The protocol operates on a **weekly voting cycle**, with epochs ending every Wednesday at 11:00 PM UTC. Previous epochs have seen substantial rewards, with epoch 18 distributing $740,000+ to voters. **Escape Velocity Season 5** remains active with rebate programs for users creating supermassive veNFTs worth 2,000+ veBLACK. Voting for the next epoch is now open at [blackhole.xyz/vote](https://blackhole.xyz/vote).
🦃 Turkey Floats Into Blackhole
Turkey made an unexpected journey into the blackhole today on Thanksgiving. The timing coincides with the holiday celebration, creating an unusual cosmic event. - Turkey's gravitational encounter occurred during traditional feast day - Blackhole activity noted on November 27th - Holiday greetings extended despite the astronomical occurrence This marks another instance of turkey-related space phenomena during the holiday season.
Blackhole Foundation Completes $132K Token Buyback for Ecosystem Development
The **Blackhole Foundation** executed a significant buyback of over **2.58 million $BLACK tokens**, valued at approximately **$132,000**. The purchased tokens will be allocated to support various **ecosystem initiatives** moving forward, demonstrating the foundation's commitment to strengthening the Blackhole ecosystem. This buyback follows the foundation's previous token management activities, including a **20 million $BLACK token burn** earlier this year for future Escape Velocity Seasons. The foundation continues its strategy of **aggregating and burning tokens** to support community members and ecosystem participants.
6.6M $BLACK Burned in 7 Days Qualifies for Season 4 Escape Velocity Rebates
**Major Token Burn Activity** Blackhole protocol saw **6.6M+ $BLACK tokens burned** in just one week, with all burns qualifying for Season 4 of the Escape Velocity rebate program. **Key Benefits:** - Rebates stack on top of existing veBLACK holdings - **Higher voting power** for participants - Enhanced rewards through the ve33 flywheel mechanism **Recent Context:** - Season 3 previously saw 11.1M $BLACK burned over 14 days - Weekly voting rewards consistently exceed $900K for veBLACK holders - Multiple liquidity pools receiving substantial incentives ranging from $15K to $185K **How It Works:** Users who burn $BLACK tokens receive veBLACK, which provides voting rights on liquidity pool incentives. The rebate program amplifies this by giving additional veBLACK to qualifying participants. [Vote for rewards](https://www.blackhole.xyz/vote) | [Create locks](https://www.blackhole.xyz/locks)