Angus Lamps, head of the Stargate Foundation, said at the Abstract Summit hosted by Connext today that the cross-chain asset transfer, burn and casting model is infinitely scalable, without the need to set up Solver or AMM on different chains. The advantage of this model is that it can significantly reduce costs.
For example, transferring $330 million worth of bitcoin only costs about $0.04. He also pointed out that multi-chain tokens are an effective solution to the problem of liquidity fragmentation.
Head of Stargate Foundation: Multi-chain tokens are an effective solution to the problem of liquidity fragmentation
2024-09-19 11:01:54
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