deBridge

@debridge

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148 Followers

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Glad you loved the experience, Ciniz 💜

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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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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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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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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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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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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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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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7/ Cause it's a big wide world In fact, the whole DeFiverse awaits 😉

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6/ As soon as aggregators like 1inch or @0xproject index your pool, the token will automatically become tradeable on our bridge and users will be able to tap into it via: https://app.debridge.finance/deswap

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5/ Step 2: Ensure your ported asset (BODEN) is tradable on the destination chain so other users can purchase it using any liquid asset on any chain How can you do that? 💭 Simple, by creating a liquidity pool at one of your favorite DEXes on @base, (e.g. BODEN/USDC pool)

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4/ Important to note that the token contract will be automatically deployed on Base when you make the first transfer dePort will ensure that derivates issued on Base are always backed 1:1 by collateral locked on the native chain (which in this case is Solana)

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3/ Porting your token is simple and easy. All it takes is two steps Step 1: Select the source chain, destination chain, and source asset. For example, we've selected BODEN on Solana and Base as the destination chain. https://app.debridge.finance/deport

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2/ deBridge empowers you to port any token to any supported chain using our asset custody solution — dePort Wherever your token is natively issued, dePort opens up a gateway to the whole DeFiverse 🤝

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1/ Borders are overrated. BODEN on @base? You have the freedom to make any token tradable on any chain in seconds. Here's how🧵

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7/ Looking to explore? You know, you're only about a second away from Base, from any chain 💪 Let DeFi summer continue app.debridge.finance

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6/ Base is now also a hub for many memecoins 👀 TOSHI, BRETT, NORMIE, CHAD, and others are boosting on-chain volume and drawing a big crowd of users toward the ecosystem

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5/ Who's fueling the growth? Social media apps like @farcaster are driving much of the expansion, bringing together users from various chains under the Base umbrella. On-chain users and contributors form the backbone of this growing ecosystem

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4/ So how is all of this action playing out at deBridge? Before, Base transactions accounted for roughly 10% of our total transaction volume That figure is now up to 30% 📈

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