1/ deBridge Points are here

Everything you need to know 🧵 2/ Points will play a crucial role in handing power over to our active and loyal community 💜

We've designed the program to recognize our earliest community members while welcoming anyone who's just joining the fam

1/ After 1+ year of development, deBridge is live on @solana, bringing seamless interoperability and liquidity transfers between Solana and EVM blockchains.

The opportunity with Solana changes today🧵 @solana 2/ deBridge unlocks end-to-end composability and value exchange between Solana and EVM ecosystems.

We’re talking about scalable message and value exchange👇

1/ When exploits occur in classical bridges, costs get socialized.

What if cross-chain protocols could allow participants to self-organize risk? Let’s dive into how we’re changing this with deSwap Liquidity Network🧵👇 2/ With classical locked liquidity bridges, there's always the risk that an exploit on one side can mean losses on the other. This applies to almost all of the $2B lost this year in bridge exploits!

Risks can be quickly propagated across chains and leave LPs on the hook👎

1/ Until we change the way bridges are designed, ecosystem-level blockchain hacks will continue to create billions of dollars worth of systemic risk contagion.

deBridge believes in the future of **secure** cross-chain interoperability, because we have a solution🧵👇 2/ Per the current design, nearly all bridges lock liquidity to create a “path” between chains.

LPs deposit liquidity and get a return on their deposit in the form of token incentives, while bridgers effectively move between pools on different chains. So where’s the problem?

1/ Cross-chain bridges can’t securely scale by locking liquidity. It’s time to change this.

Today, we’re thrilled to announce deSwap Liquidity Network, a new paradigm for limitless, zero slippage cross-chain value transfers with 0 TVL🧵👇 2/ First, let’s understand exactly why bridges need to be reimagined.

With the classical approach to bridging, every value transfer is channeled through a shared liquidity pool or wrapped asset using locked liquidity. This design choice creates the following challenges ⬇️

1/ The day has finally come!🎉

We're excited to announce the #deBridge mainnet which supports @ethereum, @BinanceChain, @HECO_Chain, @arbitrum, and @0xPolygon🌉

What does this mean for projects and users? Let's dive in🧵 2/ deBridge is a cross-chain interoperability protocol, an internet of blockchains, that has been created to unite all ecosystems🌐

The permissionless design of the protocol allows anyone to exchange any arbitrary data and assets between blockchains.

medium.com/debridge/debri…