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== Overview == | == Overview == | ||
[[File:Across.png|thumb|Across Protocol]] | [[File:Across.png|thumb|Across Protocol]] | ||
Across protocol is a novel bridging method that combines an optimistic oracle, bonded relayers and single-sided liquidity | Across protocol is a novel bridging method that combines an [[Optimistic rollups|optimistic]] [[oracle]], bonded relayers and single-sided [[liquidity pool]]<nowiki/>s to provide [[decentralized]] instant transactions from rollup chains to [[Ethereum]] [[mainnet]]. You can bridge over from [[Optimism]], [[Arbitrum]] and [[Boba]] back to Ethereum mainnet, bridging over assets such as ETH, WETH, WBTC, USDC, DAI, BOBA and BADGER depending where you are bridging from. | ||
=== History === | === History === | ||
Across Protocol went live on the 8th of November 2021 and since then it's been up only, | Across Protocol went live on the 8th of November 2021 and since then it's been up only, [[TVL]] is at $43m and rising and over $200m has been bridged so far to date. Across was built by Risk labs the foundation that supports UMA Protocol. | ||
==== Significance ==== | ==== Significance ==== | ||
Across uses a combination of bonded relayers and single sided liquidity pools to allow for instant withdrawal from L2 to L1, thus doing away with the 7 day wait like on the native bridges, Across is in the process of setting up a | Across uses a combination of bonded relayers and single sided liquidity pools to allow for instant withdrawal from L2 to L1, thus doing away with the 7 day wait like on the native bridges, Across is in the process of setting up a fair launch where people from the community get the chance to truly have a stake in the project, just by putting in the work and promoting Across Protocol. | ||
==== ACX Token ==== | ==== ACX Token ==== | ||
100,000,000M ACX tokens to be minted in May, with 30% going to the community and 70% going to Across DAO. | 100,000,000M ACX tokens to be [[Minting|minted]] in May, with 30% going to the community and 70% going to Across DAO. | ||
===== Links ===== | ===== Links ===== |
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