Across The Cryptoverse #52 - Memes And Achievements

5 months ago

Across V3 is the first intents-driven interoperability protocol and it will deliver a level of cross-chain UX that developers and their users demand as crypto enters a complex multichain economy.

Ground-breaking technology and constant innovation! We now have Linea, Mode and Blast as destinations!

Across supported chains gone plus one with Linea and then another big expansion! Not just any chain... but a Superchain!

The Mode Snapshot proposal has successfully passed quorum and now you can use Across for cross-chain transfers! Across rules the world like Taylor Swift!

We present ERC-7683 as a new industry standard for cross-chain intents from Across and Uniswap! The new standard for cross-chain intents, establishing a unified framework for intents-based systems to specify cross-chain actions will change the status quo of the Cryptoverse.

The following standard allows for the implementation of a standard API for cross-chain trade execution systems. This standard provides a generic Cross Chain Order struct, as well as a standard smart contract interface.

Intent-based systems have become the solution for end-user cross-chain interaction by abstracting away the complexity and time constraints of traditional bridges.

One of the key difficulties for cross-chain intents systems is accessing sufficient liquidity and a network of active fillers across chains.

This challenge may be exacerbated as the number of distinct chains increases over time. The end result of this is a poor experience for users including higher costs, longer wait times and higher failure rates than necessary.

By implementing a standard, cross-chain intents systems can interoperate and share infrastructure thereby improving end-user experience by increasing competition for fulfilling user intents. ERC-7683 is one of the reasons to live, as the new standard will bring even more speed!

That's not all! The successful integration of Circle's CCTP will improve speeds and fees for all USDC bridging on Across.

Thanks to the unique intents-based architecture, third-party relayers are able to swap between both versions of USDC! This upgrade will give users the freedom to decide which version they'd like to receive on the destination chain.

Across users can now enjoy 𝒍𝒐𝒘𝒆𝒓 𝒇𝒆𝒆𝒔 𝒂𝒏𝒅 𝒉𝒊𝒈𝒉𝒆𝒓 𝒔𝒑𝒆𝒆𝒅𝒔 𝒐𝒏 𝒂𝒍𝒍 $𝑼𝑺𝑫𝑪 𝒕𝒓𝒂𝒏𝒔𝒇𝒆𝒓𝒔, thanks to improvements in capital efficiency from this initiative.

Where, previously, relayers were being repaid USDC, within several hours, CCTP has made it possible for repayment to occur in under 20 minutes! Across just got even faster... and more efficient!

This results in more capital for utilization, better pricing and overall better UX for all the users! The future is here! I don't bridge that often ... but when I do I always use http://links.across.to/bridge

Enjoy state-of-the-art interoperability and enjoy zkSync if you are eligible for $ZK or not! Got your zksync airdrop, Rangers? To celebrate the $ZK token launch, the Across team thought we'd like to see another bridge experiment. The Across Bridge is quoted as the best result on aggregators when sending 10 ETH, 1 ETH and even 0.1 ETH!

Choosing the best bridge is now easier than proving a bot that you are not a bot! Why? Because Across is always the recommended option on aggregators!

All good things have to come to an end, an we said goodbye to the $ACX referral rewards system. We thank you all for the participation, as the initiative has helped Across become the wild success that is today!

Meanwhile, enjoy $OP and $ARB rewards when using Across. The transactions to Arbitrum and Optimism automatically receive 95% of bridge fees! Rewards can be claimed on the "Rewards" age after the 15th of each month!