Context
X1 EcoChain is an EVM-compatible Layer 1 blockchain that uses a Proof-of-Authority (PoA) consensus model.
Key Features:
- EVM-compatible execution environment with support for Solidity smart contracts
- Validator-based PoA consensus associated with X1Nodes
- RPC access and developer tooling for contract deployment and network integration
The mainnet is targeted for Q2 2026.
Proposal
Enable Symbiosis-based bridging between Ethereum and X1 EcoChain for the following assets:
- USDC.Ethereum ↔ USDC.X1EcoChain
- USDT.Ethereum ↔ USDT.X1EcoChain
- wETH.Ethereum ↔ wETH.X1EcoChain
The implementation will include the following steps:
- Deploy and configure Symbiosis bridging contracts on X1 EcoChain and Ethereum
- Enabling wrapping and unwrapping flows for USDC, USDT, and wETH between the two networks
- Activating the Symbiosis Relayers Network to work with the new blockchain
Key Points
- Enabling bridging for X1 EcoChain may help Symbiosis establish presence in the ecosystem ahead of broader network expansion
- As a general-purpose EVM Layer 1, X1 EcoChain may attract applications and users over time, potentially creating additional demand for cross-chain connectivity
- EVM compatibility may simplify integration and ongoing support