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

Tether unveils developer grant program to fund on-device AI and open-source payment tools

2026-05-14

Why this could be bullish

2026-05-14

XRP price remains lower as buyers remain on the sidelines

2026-05-14
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

    Tether unveils developer grant program to fund on-device AI and open-source payment tools

    2026-05-14

    Google BigQuery adds support for ZeroG On-Chain data analytics

    2026-05-14

    Ondo brings tokenized US equities to Hyperliquid’s HyperEVM

    2026-05-13

    Ronin moves from independent sidechain to Ethereum layer 2

    2026-05-13

    Chainlink adds 10 new integrations, including Bermuda’s Central Bank and State Street

    2026-05-13
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    CLARITY Act faces more than 100 changes as bankers send 8,000 demand letters against stablecoin rewards

    2026-05-13

    Bank lobbyists battle Clarity Act, saying bill would risk ‘flight from bank deposits’ to payment stability

    2026-05-12

    Het Witte Huis onthult dat Amerikaanse banken ‘weigerden’ bijeenkomsten bij te wonen om het probleem met stablecoin-beloningen in de CLARITY Act op te lossen

    2026-05-11

    Progress on the CLARITY Act markup now depends on these Democratic lawmakers

    2026-05-11

    Authorities abruptly shut down lender in Georgia after second bank failure of 2026

    2026-05-11
  • Analysis

    XRP price remains lower as buyers remain on the sidelines

    2026-05-14

    Dogecoin (DOGE) breaks away from the pack as momentum turns aggressive

    2026-05-14

    Bitcoin price falls further below $80,000 – bears tighten their grip on the market

    2026-05-13

    Trump’s CEO-Packed China Visit Could Decide Whether Bitcoin’s $80,000 Risk Rally Survives This Week

    2026-05-13

    Trump’s CEO-Packed China Visit Could Decide Whether Bitcoin’s $80,000 Risk Rally Survives This Week

    2026-05-13
  • Learn

    AI Agent by Changelly: automated crypto swaps and no-code API integration

    2026-05-13

    Parabolic SAR Crypto Guide: Signals, Settings, and Risks

    2026-05-13

    What Is the Average Directional Index (ADX) in Crypto?

    2026-05-12

    Mean Reversion Trading in Crypto: Strategies, Signals, and Risks

    2026-05-12

    Moving Averages in Crypto Explained: SMA, EMA & Crossovers

    2026-05-12
  • 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  Hamster Kombat rises 60%, DWF Labs withdraws 156 million HMSTR

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

Tether unveils developer grant program to fund on-device AI and open-source payment tools

2026-05-14

Google BigQuery adds support for ZeroG On-Chain data analytics

2026-05-14

Dapper Labs pauses NFL ALL DAY NFT Minting to develop next-generation product

2026-05-14

Ondo brings tokenized US equities to Hyperliquid’s HyperEVM

2026-05-13
Add A Comment

Comments are closed.

Top Posts

Bitcoin StH Average cost basis at $ 90.950 – Why is it relevant?

2025-03-02

Coinbase CEO Brian Armstrong outlines dream regulatory structure for crypto, says it’s not rocket science

2023-06-13

Analyst says this needs to happen for the XRP price to rise again

2025-12-03
Editors Picks

How to Sell Large Amounts of BTC (Bitcoins)? Tools and Tips to Sell Bitcoins for Cash

2023-05-02

MoonPay Ink’s 8-figure title sponsorship deal for the upcoming X Games League

2026-01-25

XLM price forecast before April 9

2025-04-08

Top Altcoins to Watch Next Week: Litecoin (LTC), Solana (SOL) and Polygon (MATIC) Could Lead an ‘Uptober’ Revival

2023-10-07

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

Tether unveils developer grant program to fund on-device AI and open-source payment tools

Why this could be bullish

XRP price remains lower as buyers remain on the sidelines

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.