News list for " lamps"

Head of Stargate Foundation: Multi-chain tokens are an effective solution to the problem of liquidity fragmentation

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 fragmen...

clock
2024-09-19 11:01:54
Stargate基金会负责人:多链代币是解决流动性碎片化问题的有效方案

Stargate 基金会负责人 Angus Lamps 今日在由 Connext 主办的 Abstract Summit 上表示,对于跨链资产转移,烧毁和铸造模型具备无限扩展性,不需要在不同链上设置 Solver 或 AMM,这种模型的优势在于可以显著降低成本。 举例来说,转移价值 3.3 亿美元的比特币仅需约 0.04 美元。他还指出,多链代币是解决流动性碎片化问题的有效方案。

clock
2024-09-19 11:01:54
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.