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🌉Cross-chain bridges create growth across chains that offer disparate asset interoperability, which is a high level of security and a better asset rendition. Without a bridge, investors have to go through different exchanges and incur larger fees instead.
✨Cross-chain bridges also address the following:
-Lower gas costs with increased transaction speeds;
-User assets can be freely interacted with for a high user experience;
-Improved productivity and usefulness of existing crypto assets;
-Higher security and better privacy
🔥The use of cross-chain bridges is appropriate in the following scenarios:
-Token transfers between Ethereum and a Layer 2 network, with assets interoperable across chains, such as faster and easier deposit of funds, withdrawal of assets and exit times to reduce operational complexity;
-High fees and use in times of Ethereum congestion;
-Thin assets supported by single chains and more assets supported by cross-chain bridges;
-Arbitrage trading across the DEX on Solana, Arbitrum and Polygon, etc
🚀With AGV platform user’s will find a simpler way to bridge assets from one chain to another at ease without performing multiple transactions.
🗣Spread the word: https://twitter.com/AstraGuild/status/1539211340673601536
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BY Astra Guild Ventures Announcements
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