The Across protocol utilizes a three-layer architecture consisting of a Request for Quote (RFQ) mechanism, a competitive relayer network, and a settlement layer to facilitate cross-chain asset transfers. It employs UMA's optimistic oracle for security and focuses on capital efficiency through a single liquidity pool and a no-slippage fee model. The protocol enables fast and cost-effective transfers between different blockchain networks, optimizing execution paths for users.
Is Across a secure platform?
The Across protocol prioritizes security by leveraging UMA's optimistic oracle and implementing multiple layers of security measures, including rigorous smart contract audits. The competitive relayer network and settlement layer further enhance transaction security by ensuring accurate and trustworthy settlements. Additionally, the protocol's architecture allows for retries and alternative execution paths in case of transaction failures, minimizing disruptions for users.
How to use Across?
To use The Across protocol, users can visit the official website and connect their wallet to the platform. They can then select the source and destination chains, choose the asset to transfer, and specify the amount. After reviewing the transaction details and fees, users can confirm the transfer, which will be executed by competitive relayers for optimal speed and cost-efficiency.
What services does Across offer?
The Across protocol offers fast and low-cost cross-chain asset transfers between various blockchain networks, including Ethereum and Layer 2 solutions. It provides a user-friendly interface for seamless transactions, competitive fees through its relayer network, and enhanced capital efficiency with its single liquidity pool model. Additionally, The Across protocol offers governance participation and staking opportunities for ACX token holders, allowing them to contribute to the protocol's development and earn rewards.
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