Svmuu News: On July 23, the cross-chain infrastructure protocol Robinbridge officially announced its integration into the Robinhood ecosystem and launched a service enabling real-time cross-chain transfers of ETH from Robinhood Chain to the Ethereum mainnet at the industry’s lowest fee rate of 0.5%.This move aims to reduce the cost for users to transfer assets from the Robinhood Chain back to the Ethereum mainnet and other networks; currently, the average fee for transferring assets from the Robinhood ecosystem back to the mainnet is generally over 2%.
It is reported that Robinhood Chain is an Ethereum Layer 2 network officially launched by Robinhood on July 1, which processed over $70 million in ETH cross-chain transfers during its first week of operation.