The enhanced version of the State Guardian Network (SGN), cBridge 2.0, launched less than two months ago, is now live on mainnet. Users can transfer USDT, USDC, and ETH across Arbitrum, Avalanche, BSC, and Polygon within minutes, reducing costs. Initially, pool contracts will receive liquidity from Liquidity Providers (LPs) without the need for cBridge node operations. Developers can use the cBridge 2.0 SDK to offer a native multi-chain experience in their decentralized applications (dApps).

Features such as liquidity mining, bonus programs, and enhanced SGN staking and revenue systems, based on transaction fees, are fully developed and tested. These will be rolled out in phases to ensure a smooth transition from 1.0 to 2.0. Future releases will include additional features like arbitrary message passing, NFT bridging, SDK, and compatibility with non-EVM chains.

cBridge 2.0 aims to provide an optimal experience for liquidity providers and users. Celer will allow $CELR investors to earn value directly from SGN transaction fees. Key changes for users include one-click cross-chain bridging, receiving unwrapped gas tokens, and efficient pricing between chains and tokens based on liquidity supply. For liquidity providers, SGN will manage liquidity without node use, and LPs will no longer need synthetic tokens.

Developers will benefit from an SDK that offers a complete multi-chain experience for their dApps and blockchain wallets.

Regarding security, past hacking incidents in multi-chain interoperability and bridging highlight the importance of prioritizing security. The SGN, a PoS blockchain, connects various blockchains within cBridge 2.0, featuring advanced innovations like cross-chain pricing, liquidity mining, and management algorithms.

Future plans include introducing self-managing liquidity modes, non-EVM support chains, and cross-chain message passing via NFT, all within a similar execution timeline as cBridge 2.0's phased launches.