Across Protocol: An Intents-based Future
DeFi’s ideal form? Faster. Secure. Interoperable.
Unifying the Ethereum ecosystem is the first step towards an easy DeFi experience, and Across Protocol is a big player in making it happen.
Across isn’t like any other bridge: it’s a bridge powered by cross-chain intents.
But what’s an intent?
For starters, most bridges move assets and verify the veracity of a transaction in the blockchain in one go. On Across, steps don’t need to be detailed and only the end result matters: hence the term intents.
This is much simpler and cheaper, therefore reducing costs.
Three Layers, One?Command
Across’ system works in three layers:
? The user specifies the outcome they want, ? The Relayer Network fulfills the order, ? Separately, the settlement layer holds users’ funds, verifies, and repays the relayer when the transaction is done.
The separation of the Relayer and Settlement layers is part of what makes Across so efficient.
Optimism For Efficiency
In terms of security, Across uses UMA’s Optimistic Oracle: This optimistic approach is unlike other bridges.
Only one actor is necessary to verify settlements, which makes it quite efficient. If anything must be contested, UMA token holders can vote against it.
Across can also power apps with Across+:
Instead of making users go through a separate bridge to send funds cross-chain, Across’ bridging features can be directly integrated in an app!
This both makes the experience easier for users and deepens an app’s liquidity pool.
Conclusion
Across’ very existence positions them as a key player in the future of an easily adoptable DeFi ecosystem.
They’re very dedicated to quickly integrating new technology, too: as a partner of Unichain on Day 1, they’re at the forefront of DeFi’s progress.
Considering DeFi will never reach its endgame of adoption until it’s easy to use and accessible, Across’ cheap bridging prices and integration in tons of major blockchains is a step forward for the ecosystem!
Why Octav?
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