Bridge
Overview
Davos Bridge offers a cross-chain protocol that unifies liquidity across blockchains with no fees. This permissionless on-chain utility may burn DUSD on one chain and mint an equal number of DUSD on another, allowing for efficient and cost-free asset transfers between networks.
Besides this, there are more important reasons for the "why":
- Burning/Minting is better for an omnichain fungible token like DUSD. 
- We fully control the cost (zero cost). 
- We don't rely on third-party protocols to enable DUSD on other chains, meaning no additional counter-party risk. 
- The bridge can support any future chain. 
- The bridge makes cross-chain transfers of DUSD as frictionless as possible. 
- DUSD becomes a potential routing asset for stablecoin cross-chain transfers by onboarding Davos Bridge in Bridge aggregators, which creates more trading volume for DUSD stable LPs. 
How Does it Work?
- The user approves access to DUSD for Davos Bridge on the source chain. 
- The user deposits DUSD on the source chain, and Davos Bridge burns it. 
- A special external entity reacts to the burn event, and the user obtains from it the proof data needed when claiming in Step 4. 
- The user claims DUSD on the destination chain, and Davos Bridge mints it for the user. 
Supported Chains:
- Arbitrum 
- Avalanche 
- Base 
- Blast 
- BNB Smart Chain 
- Ethereum 
- Linea 
- Mantle 
- Mode 
- Optimism 
- Polygon 
- Polygon zkEVM 
- X Layer 
Read further technical details about our Bridge here: Bridge
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