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Across protocol is a cross-chain bridging protocol that allows users to execute transactions between chains in near real time. It uses UMA optimistic oracles, bonded relayers, and single-sided liquidity pools to achieve cost-effective, fast, and secure asset transfer between chains.
Across Protocol currently supports Ethereum, Arbitrum, Optimism, and Polygon public chains, as well as cross-chain transfers of ETH/WETH, WBTC, DAI, USDC, BOBA, BADGER, BALANCER, and UMA.
Across protocol has the following advantages over other cross-chain protocols:
1. Optimistic Oracle
Across employs UMA's Optimistic Oracle, which enables smart futures to request and receive data information quickly, as well as bring off-chain data onto the chain.
2. Auditing and Smart Futures
Across Protocol is a cross-chain protocol developed by Risk Labs, a UMA development team that also operates a decentralized financial future platform. The development team possesses strong technical capabilities, anti-attack capabilities, and extensive experience with blockchain instances. There have been no security issues in previous product development or operation.
Across's cross-chain security issues provide assurances. According to reports, the code Across runs has no complexity that can hide vulnerabilities, making smart futures relatively secure. According to DUNE data, there are currently more than $56.18 million of TVL bound in Across, and it has surpassed multi-million-dollar cross-chain amounts.
3. Architecture of the Hub-and-Spoke Model
Across proposes a novel hub-and-spoke model architecture as a technical innovation and attempt based on safety concerns. While it is not necessary to establish a liquidity pool on Layer 2, the majority of the funds are protected by Layer 1, which provides greater security.
The total supply of ACX issued is one billion, with the following allocation:
125 million for airdrops, with 20 million going to the community and 15 million going to Early Bridge Users.
70 million will go to Liquidity Providers, with the remainder going to the Bridge Traveler Program.
250 million tokens for Strategic Partnerships and Fundraising, including 150 million tokens for the $UMA token swap with Risk Labs and 100 million tokens for Strategic Fundraising.
Protocol Rewards will receive $100 million, with 25 million going to the referral program and 75 million going to the reward locking program to incentivize LPs.
525 million for the DAO Treasury Reserve across the board
According to the official announcement from Across Protocol, ACX will be officially launched and circulated on November 28 at 12:00 (UTC) and will first be listed on centralized trading platforms such as MEXC.
Across Protocol currently supports Ethereum, Arbitrum, Optimism, and Polygon public chains, as well as cross-chain transfers of ETH/WETH, WBTC, DAI, USDC, BOBA, BADGER, BALANCER, and UMA.
Across protocol has the following advantages over other cross-chain protocols:
1. Optimistic Oracle
Across employs UMA's Optimistic Oracle, which enables smart futures to request and receive data information quickly, as well as bring off-chain data onto the chain.
2. Auditing and Smart Futures
Across Protocol is a cross-chain protocol developed by Risk Labs, a UMA development team that also operates a decentralized financial future platform. The development team possesses strong technical capabilities, anti-attack capabilities, and extensive experience with blockchain instances. There have been no security issues in previous product development or operation.
Across's cross-chain security issues provide assurances. According to reports, the code Across runs has no complexity that can hide vulnerabilities, making smart futures relatively secure. According to DUNE data, there are currently more than $56.18 million of TVL bound in Across, and it has surpassed multi-million-dollar cross-chain amounts.
3. Architecture of the Hub-and-Spoke Model
Across proposes a novel hub-and-spoke model architecture as a technical innovation and attempt based on safety concerns. While it is not necessary to establish a liquidity pool on Layer 2, the majority of the funds are protected by Layer 1, which provides greater security.
2. Tokenomics
The total supply of ACX issued is one billion, with the following allocation:
125 million for airdrops, with 20 million going to the community and 15 million going to Early Bridge Users.
70 million will go to Liquidity Providers, with the remainder going to the Bridge Traveler Program.
250 million tokens for Strategic Partnerships and Fundraising, including 150 million tokens for the $UMA token swap with Risk Labs and 100 million tokens for Strategic Fundraising.
Protocol Rewards will receive $100 million, with 25 million going to the referral program and 75 million going to the reward locking program to incentivize LPs.
525 million for the DAO Treasury Reserve across the board
According to the official announcement from Across Protocol, ACX will be officially launched and circulated on November 28 at 12:00 (UTC) and will first be listed on centralized trading platforms such as MEXC.
