DeFi protocol deBridge is set to launch DeSwap Liquidity Network (DLN), allowing users to complete cross-chain transfers without all the associated risks of using a bridge network, according to a press statement shared with CryptoSlate.<\/p>\n
According to the press release, the DLN architecture enables limitless cross-chain value transfer with zero slippage and no need for assets to be locked in the ecosystem.<\/p>\n
With this new product, deBridge plans to solve some of the issues facing bridges today, such as scalability, security, and capital efficiency.<\/p>\n
One of the major issues facing blockchain bridges is order slippage while transferring assets from one blockchain to another. DLN eliminates that, among other issues.<\/p>\n
According to the interoperability-focused company, it can achieve this with DLN thanks to its design. Instead of the locked liquidity of existing bridges, DLN design is based on liquidity on demand through a P2P liquidity marketplace.<\/p>\n
Thus, liquidity is only needed at the time of the settlement. Only two groups of participants are necessary under this model: the makers and takers.<\/p>\n
The makers are protocol users that create the orders for cross-chain value transfers, while takers are on-chain addresses with enough liquidity to process the order. Anytime a maker creates an order, it is broadcast on the network, and a taker can decide to process the order.<\/p>\n
Since there are no pools or locked liquidity, the risk of bridge exploits is also non-existent because the total value locked in the ecosystem is zero. The limited risk of the blockchain infrastructure only occurs during the brief moment when settlement happens.<\/p>\n
Given the high number of bridge exploits over the past two years, this new measure could help to solve the problem and eliminates several other challenges with cross-chain transfers.<\/p>\n
DeBridge said the new DeFi infrastructure would be launched on deSwap DEX\u00a0 and other Web3 applications in a few weeks.<\/p>\n","protected":false},"excerpt":{"rendered":"
DeFi protocol deBridge is set to launch DeSwap Liquidity Network (DLN), allowing users to complete cross-chain transfers without all the associated risks of using a bridge network, according to a press statement shared with CryptoSlate. According to the press release, the DLN architecture enables limitless cross-chain value transfer with zero slippage and no need for […]<\/p>\n","protected":false},"author":720,"featured_media":270997,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46940],"tags":[78145],"post_folder":[],"acf":[],"yoast_head":"\n