🌉W Bridge
Transfer assets seamlessly between chains
The first user-facing product constructed on top of the cross-chain communication network is The GrokSwap Bridge.
A smart contract called the W Bridge makes it easier to move assets between the Scroll mainchain and the other sidechains. Users can manufacture an equal number of assets on the sidechain after locking their assets on the mainchain. "Bridging" assets refers to this technique. Users can interact with assets on the sidechain more quickly and affordably than they could on the mainchain once they are there. When they are prepared, they can "unbridge" the assets, destroying the sidechain assets and releasing the mainchain's locked assets.
How to use
Users of W Bridge can securely and safely trade on-chain assets between more than 15 EVM and non-EVM blockchains. Two forms of bridging are supported by the bridge:
Contextual Token Bridging: Crossing chains with wrapped assets.
Liquidity-based Native assets are bridged between cross-chain stableswap pools.
Developers that want to natively include cross-chain asset switching into their applications can also use W Bridge. Developers can create cross-chain DEX, lending platforms, margining systems, derivatives markets, yield aggregators, and many more cross-chain DeFi applications by utilizing the bridge. Users have access to the high liquidity, cheap fees, and little slippage through the cross-chain AMM.
Benefits
Transactions Across Chains
Every blockchain network operates in a silo-based environment with its own set of consensus methods and guidelines. As a result, it is easy to see the limitations of a particular blockchain network. Blockchain bridges can assist in overcoming restrictions on token transactions or direct connection between multiple blockchain networks.
Network Traffic Optimization
Blockchain bridges, like the GrokSwap bridge, are essential for ensuring that traffic on already-congested blockchain networks is reduced. One of the typical instances of a blockchain network with a lot of activity is Scroll. W bridges can aid in spreading traffic across blockchain networks with little congestion in such circumstances. Bridges can therefore unquestionably significantly increase the scalability of blockchain networks.
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