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

Vitalik wil dat de prijscrashes van DeFi niet langer automatische liquidaties veroorzaken

2026-06-03

Base’s status update system went down and no one noticed

2026-06-03

This is where we are in the cycle

2026-06-03
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

    Base’s status update system went down and no one noticed

    2026-06-03

    Solayer launches Margin Trading Testnet

    2026-06-03

    XRP reaches $400 million in tokenized RWAs faster than Ethereum

    2026-06-03

    Origins Network Partners with PinGo AI to Revolutionize Decentralized Computing Infrastructure for AI Developers

    2026-06-03

    Global Partners with Thirty Seconds to Mars for Orb Verified ‘Humans Only Ticket’ System

    2026-06-03
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Bank of England stablecoin caps may choke the UK’s pound-token market before launch

    2026-06-03

    Europe is actively trying to stop the takeover of the dollar stablecoin

    2026-06-01

    How a disputed $1 billion claim became a powerful weapon against prediction markets

    2026-05-31

    The US says it has captured Iran’s cryptocurrency with a $1 billion seizure

    2026-05-31

    Hyperliquid’s HYPE rally is bigger than a new all-time high

    2026-05-31
  • Analysis

    XRP price falls below $1.22 as market sentiment turns sour

    2026-06-03

    Bitcoin returns to the price that closed 2021 and defined 2024, now retesting the rally

    2026-06-03

    Ed Yardeni Undercuts Fears That SpaceX, Anthropic and OpenAI Will Suck the Oxygen Out of the Stock Market – Here’s Why

    2026-06-03

    Bitcoin price in freefall as panic sweeps through the market

    2026-06-03

    A Bitcoin Flash Crash Below $68,000 Causes a Liquidation of About $400 Million in an Hour

    2026-06-03
  • Learn

    Williams %R Indicator in Crypto: How to Use %R in Crypto Trading

    2026-06-03

    What Is a Semi-Fungible Token? SFT Crypto Explained

    2026-06-02

    Pennant Chart Pattern in Crypto: How Bullish and Bearish Pennants Work

    2026-06-02

    Head and Shoulders Crypto Pattern: How It Works and How to Read It

    2026-06-01

    Crypto Triangle Patterns: How to Spot and Read Them

    2026-06-01
  • 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  LinqAI and WORLD3 join forces to enable the next wave of autonomous agent computing

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

Base’s status update system went down and no one noticed

2026-06-03

Solayer launches Margin Trading Testnet

2026-06-03

XRP reaches $400 million in tokenized RWAs faster than Ethereum

2026-06-03

Origins Network Partners with PinGo AI to Revolutionize Decentralized Computing Infrastructure for AI Developers

2026-06-03
Add A Comment

Comments are closed.

Top Posts

Romania today uses blockchain to count presidential elections

2024-11-25

Starbucks Shuts Down Its Odyssey NFT Rewards Program – Will It Return?

2024-03-15

Bitcoin, Ethereum is bleeding like Solana, XRP profit – changes market sentiment?

2025-02-19
Editors Picks

Cardano Creator Warns SEC Lawsuit Against Binance Is Part Of Crypto Suppression Effort, Says End Target Is A CBDC

2023-06-08

EU Backs IOTA for Web3 ID, Digital Pasports & Mica Compliance

2025-04-02

Celestia Breakout Sparks Optimism: Will TIA Reach $12.08?

2024-11-25

$ 119 million in sales figures dramatic decrease of 33%

2025-02-09

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

Vitalik wil dat de prijscrashes van DeFi niet langer automatische liquidaties veroorzaken

Base’s status update system went down and no one noticed

This is where we are in the cycle

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.