So today I was randomly surfing the web when I came across an article which has to do with “Defi” decentralized finance security which is says that trustless bridge is a preferable option and it also documented how it can help in protecting the users.
In speaking on what Trustless bridges is all about, which it says that it enables cross-chain transfers without the need of a centralized custodian which it says it’s a safer option interoperability.
Form writing I was made to understand the main function of a blockchain bridge which is says that it allows users “Defi” users to be specific to make use of the same tokens across several blockchains. Given a instance where USDC which can be on any blockchain is made to interact with Dapps applications on these same networks.
What’s the edge in which Trustless bridge has over other bridges is it been noncustodial or you can simply put that it as it been decentralized, which they say it’s decentralization could help in improving the users security in cross-chain transfers.
If you see this post on a Web2 ecosystem and you have no clue about what Leofinance I ioo o I is here is a brief definition;
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link
Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
Let’s also connect on some of the web2 platform.
Twitter:Hironakamura