This is the proposed EOS-Ethereum bridge which will increase communication between the two chains. Once live, two of the biggest smart contract blockchains will be able to transfer value between one another, freeing up a number of use cases for both chains. Development for this is still a long way from being complete, but for a more in-depth view of Waterloo, please visit the Kyber blog part 1 part 2

Conclusion

DeFi seems to be the go-to destination for crypto development right now. Growing every day, it shows no signs of slowing down. With DeFi platforms and exchanges becoming more popular, most of them use Kyber for their on-chain liquidity. Kyber is the petrol pump for these projects.

The future upgrades of Waterloo Bridge and Katalyst, will only increase adoption once released. The opportunities created from cross-chain interactions with EOS and Ethereum are endless. The Katalyst upgrade will give token holders more incentive to use their tokens including staking rewards and market maker fee re-distribution. Even with the Katalyst upgrade, the network will still be burning a percentage of the fees. So there will still be an ever-growing decrease of supply, coupled with the increase of demand from the upgrades.