deBridge
@debridge
1/ Get to anything on @solana in seconds at the best rates Thanks to our new integration with Jito Labs, better pricing on exotic assets like memecoins means you can now skip a step and bridge directly to anything on Solana 🧵
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deBridge
@debridge
2/ deBridge is built to bring you face-meltingly fast and easy bridging. Users create intents with trade parameters, which are fulfilled by market makers virtually instantly (MMs) This works best with liquid assets, as MMs typically hold them on their balance sheet
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deBridge
@debridge
3/ If it's a long-tail asset, market makers have to: a. Swap into that asset from USDC through Jupiter b. Fulfill the intent in the same transaction MMs undergo a complex process, limiting the number of hops for a swap, which makes it difficult to deal with exotic assets
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deBridge
@debridge
4/ The atomic nature of a transaction limits MMs to using a max of 20 accounts for a swap This gets tricky with memecoins/long-tail assets that demand complex routes involving multiple accounts, complicating the fulfillment of intent from users Jito Bundles solves this ✅
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deBridge
@debridge
5/ Jito Bundles executes multiple transactions in an atomic way, i.e., either every transaction goes through or none of them do ❌ It ensures no restriction to the number of swap actions that can happen
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deBridge
@debridge
6/ Market makers can now choose the best path for a swap without risking transaction success but failure of intent Thanks to Jito, MMs can now stay delta-neutral while fulfilling trades for any liquid asset on Solana, including memecoins 💪
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deBridge
@debridge
7/ What does this mean for our fam? 💜 ✅ Better pricing for all assets on Solana ✅ More routes supported ✅ Bridge to any asset on @solana in seconds 🤝 Cause DeFi doesn't wait https://debridge.finance/blog/untitled/
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