Alchemix adopts xERC20 token standard via Connext to reduce bridging risks
Quick Take
- Alchemix is adopting the xERC20 token standard via Connext, aiming to solve the risks faced by tokens from cross-chain bridges.
- The new token standard is designed to reduce liquidity costs for token issuers while boosting security.
Alchemix is adopting the xERC20 token standard via Connext, aiming to solve the risks faced by tokens from cross-chain bridges.
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