You can envision an overall picture of The bridge the following image:
LayerZero fans like this
We need things like this. Hopefully, it will be successful.
It requires the collective effort of all of us
An excellent tool for hunting LayerZero airdrops
Will this tool generate countless Wrapped Tokens on ZKFair?
That’s possible, but surely people will be interested in bridging more popular tokens
LayerZero’s snapshot is gone, but there’s still a chance for Wormhole
Where did you get the information from?
Seems a good idea, anybridge is really interesting to zkfair
Thank you, my friend. I hope it will be feasible and helpful for everyone
It’s just a rumor for now. there hasn’t been any official announcement. I think the snapshot might come in March
After going through the bridge, wBNB will become fawBNB ?
I don’t see any issue with that
It’s impossible, well not technically, Wormhole does a similar thing already, the real problem is liquidity. who will make enough liquidity for these said bridge tokens?
Edit: Would love to hear your ideas on my prop too! 【ZIP】Community-Centric Strategies for 10 Billion TVL
On a technical level, I can ensure that it can be successfully deployed. I can program the smart contract to fulfill the bridge’s operation exactly as described in this diagram.
The author has described his idea very clearly and step by step. I almost agree with all the points, very cool!
This proposal is excellent; if executed, the market would become very vibrant rather than dull like the current Swap platforms.
Liquidity is a concern for exchanges, not the bridge. If a token is attractive, people will bridge it to ZKFair for trading. They will create liquidity pools on DEXs, not on the bridge.
Wormhole and LayerZero are message protocols. As I propose, we can use these protocols for the bridge to achieve full automation and minimize costs
You’re very welcome. I hope that the proposal will receive more feedback to further improve it