Tuesday, January 31, 2023

DeBridge introduces the deSwap Liquidity Network to Improve Bridging Security

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DeSwap Liquidity Network (DLN), a cross-chain bridging platform from DeBridge. It invented the well-known “locked liquidity” bridging system. The platform intends to increase the security of cross-chain transfers and applications by no longer locking assets.

With connections with Ethereum, Arbitrum, Solana, Avalanche, and Optimism, among others, DLN is scheduled to launch in November.

According to DeBridge, DLN will have the lowest rates among all bridges. It will enable 0% slippage transfers of any size. AMM costs for wrapped assets, the development of hacker honeypots, and Maximum Extractable Value are allegedly all avoided. When DLN transfers liquidity rather than locking it.

The existing is a well-liked bridging system. In it users lock a token and receive a wrapped item, it’s different from DLN. One of the biggest bridge vulnerabilities exploited during the past year was this one. Instead of requiring asset locking, DLN transfers liquidity between chains.

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Mark Davis
Mark Davis
Mark Davis, blockchain and crypto content writer, experienced in creating informative and engaging content. Background in finance, economics, and tech. Aim to be accurate, objective, and thorough. Capable of writing in various styles, and simplifying complex topics for different audiences.

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