teller.eth
teller.eth
OP+11.22%
1/ The long-tail of DeFi extends its reach yet again: This time, it's $ACX from @AcrossProtocol, now live on Teller. Across Protocol is a cross-chain bridge designed for stablecoins, with $ACX acting as its native token. 🧵 Let's dive in:
2/ Across Protocol is changing the game in DeFi. It's a bridge that securely transfers assets between chains, addressing the issue of cost efficiency and improving the user experience in multi-chain environments.
Across
Across
Across V4 is here. In fact, it’s already live in production. V4 combines our intent-based infrastructure with the power of ZK Proofs, via @SuccinctLabs, unlocking our ability to expand to more ecosystems in less time. The result? More chains. Faster.
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3/ The $ACX token is the backbone of Across Protocol: • It's used to incentivize liquidity providers • It powers the platform's governance • It's used for staking and earning rewards
Across
Across
@ethereumJoseph @BanklessHQ Build with Across here:
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4/ Now, $ACX is stepping into a new role: collateral. By posting $ACX on Teller, borrowers can access (1, 3, 7, or 30 days) loans: • Overcollateralized • No liquidation risk • Full upside retained • Capital unlocked, on demand
5/ So, what can you do with this newfound liquidity? Options are plenty: • Fund cross-chain activity • Join new liquidity pools • Hedge or rebalance your portfolio • Keep providing liquidity and earning rewards
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