Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
What's Hot

Manadia joins the Origins Network to advance scalable AI-powered blockchain ecosystems

2026-06-24

The US Treasury Department’s $10 billion scam alert shows why crypto is rushing itself into the police force

2026-06-24

0x opens swap API for AI agents with USDC Pay-Per-Request model

2026-06-24
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Manadia joins the Origins Network to advance scalable AI-powered blockchain ecosystems

    2026-06-24

    Chainlink brings Samsung, Toyota and Sony prices on-chain with APAC stock streams

    2026-06-24

    Aztec reaches L2Beat Phase 2 after Governance revokes ownership of the rollup contract

    2026-06-24

    What is MEV? Maximal Extractable Value, the invisible tax on crypto

    2026-06-24

    Orix AI partners with PAYGO to enable AI-powered Web3 payments

    2026-06-23
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    The US Treasury Department’s $10 billion scam alert shows why crypto is rushing itself into the police force

    2026-06-24

    Stablecoins in Britse ponden gemaximeerd op $53 miljard, terwijl de Bank of England stablecoin-regels vastlegt

    2026-06-22

    De Amerikaanse toekomst van crypto-daders zal worden bepaald door hoe toezichthouders besluiten ze te noemen

    2026-06-22

    De MiCA-deadline zal waarschijnlijk kleinere crypto-apps naar gelicentieerde bewaarrails verplaatsen

    2026-06-22

    dollar liquidity may already be too far ahead

    2026-06-22
  • Analysis

    Ethereum Foundation bezuinigt met 20% op personeel, terwijl ETH YTD met 44% daalt ondanks recordgebruik

    2026-06-24

    CZ noemde het no-KYC-model van Hyperliquid “geweldig”

    2026-06-24

    South Korea’s KOSPI crashes 10% as regulator admits ETF error

    2026-06-23

    Trumps quantum computing-push zet 449 miljard dollar aan ‘blootgestelde Bitcoin’ weer in de schijnwerpers

    2026-06-23

    Solana subsidizes large traders before the markets in the chain prove that the activity can continue to exist

    2026-06-23
  • Learn

    Most Profitable Crypto to Mine in 2026: Best Altcoins for Mining

    2026-06-23

    Bitcoin Alternatives: Our Top Altcoin Picks for You in 2026

    2026-06-23

    What Is a Bull Flag Pattern in Crypto and How to Use It

    2026-06-20

    What Is OTC Trading? Over-the-Counter Trading Explained

    2026-06-20

    The Top 10 Bitcoin Wallets in 2026

    2026-06-20
  • Blog
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»Bane Labs Sends NeoFS Fund Proxy for Neo
Blockchain

Bane Labs Sends NeoFS Fund Proxy for Neo

2026-04-08No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bane Labs has released NeoFS Fund Proxy contracts that allow users and applications on the EVM sidechain to fund Neo AxLabs, one of the three teams that make up Bane Labs, has also updated its 3vm developer tool with a live wallet-connected interface for depositing $GAS to NeoFS from Neo

NeoFS is Neo’s distributed, decentralized object storage network, where users pay for storage by depositing $GAS to the NeoFS smart contract. Until now, financing a NeoFS container required direct transactions with Neo N3. The Fund Proxy removes this requirement for Neo

What makes this possible

The Fund Proxy opens NeoFS storage to the Neo X user base without them having to manage Neo N3 wallets or transactions.

Applications building on Neo X can now programmatically fund storage containers as part of their on-chain logic. This is the second major feature built on the Message Bridge infrastructure, following the launch of Oracle Gateway in March, and delivers a use case mentioned in the Message Bridge documentation at launch: interacting with NeoFS from EVM-based applications.

How it works

The Fund Proxy works via a two-step cross-chain flow that combines both components of the bridge infrastructure.

First, on the EVM side, the contract initiates a token bridge operation that moves $GAS from Neo X to Neo N3, by leading it to the N3 NeoFSFundProxy contract address.

Second, the contract sends an executable message over the bridge that calls a funding function on the N3 contract. The N3 contract then claims the bridge $GAS and forwards it to the NeoFS smart contract on behalf of the specified beneficiary.

See also  Niza Labs partners with Aylab to drive Web3 user growth

The entire cross-chain call is encoded on-chain using a Solidity serialization library, meaning the EVM contract constructs the N3 contract call parameters without off-chain intermediaries. Users call a single function on the EVM side, specifying the beneficiary address and amount $GAS to be financed, and maximum bridging payments. The contract handles both the token transfer and the cross-chain message in one transaction.

The contract on the N3 side, built with neow3j, accepts the bridge $GAS via a NEP-17 payment call and forwards the balance to NeoFS when triggered by the messaging bridge.

Other AxLabs tools

Bane Labs is the collaborative development entity behind Neo X tooling, consisting of Neo Global Development, AxLabs and Neo SPCC. AxLabs previously released TypeScript SDKs for NeoFS that handle storage operations, including container management and object uploads. The Fund Proxy supplements this tooling by handling the payment side.

AxLabs also updated 3vm, the developer tool for inspecting and debugging the Message Bridge, with support for NeoFS deposits. Users can connect a wallet to 3vm.axlabs.net and deposit funds $GAS to NeoFS from Neo

The full announcement can be found via the link below:
https://x.com/ax_labs/status/2041058871804924207

Source link

Bane Fund Labs Neo NeoFS Proxy sends
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Manadia joins the Origins Network to advance scalable AI-powered blockchain ecosystems

2026-06-24

Chainlink brings Samsung, Toyota and Sony prices on-chain with APAC stock streams

2026-06-24

Aztec reaches L2Beat Phase 2 after Governance revokes ownership of the rollup contract

2026-06-24

What is MEV? Maximal Extractable Value, the invisible tax on crypto

2026-06-24
Add A Comment

Comments are closed.

Top Posts

TRX price up while Tron rolls out the red carpet for stabilecoin with Trump-stundled stablecoin

2025-06-12

XRP longs keep getting crushed on Binance – these are the signals this imbalance signals

2026-04-08

Bitcoin ETFs See Another Outflow – ‘It’s Getting Comical Now’

2024-10-24
Editors Picks

Bitcoin bears are gaining ground as fund assets sink to 2020 lows

2023-09-10

Tada Denver unleashes revolutionary zero commission blockchain rijhailing

2025-07-20

Blockchain and smart contracts are revolutionizing urban development

2024-12-05

Walmart, Amazon and other multinational giants consider publishing stablecoins: Report

2025-06-15

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Manadia joins the Origins Network to advance scalable AI-powered blockchain ecosystems

The US Treasury Department’s $10 billion scam alert shows why crypto is rushing itself into the police force

0x opens swap API for AI agents with USDC Pay-Per-Request model

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
© 2026 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.