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FreedomBridge

A cross-chain native bridge for cross-chain native assets without slippage.

FreedomBridge

Created At

ETHNewYork 2022

Winner of

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🚀 Optimism — Just Deploy!

Project Description

We use interop protocols to make the most seamless process for moving funds between chains. With FreedomBridge, you can bridge assets instantly, with unlimited size, and 0% slippage. Users can now pay small gas costs and and move arbitrary quantities of money instantly across chains.

How it's Made

This project uses @walletconnect, @arbitrum, @polygon, @connext, and others! We use bridges such as connext/Nomad to transfer funds across chains. We deploy smart contracts that have mint authority over cross-chain native assets. The flow is as follows. 1) a user submits a transaction to send funds across chains (polygon -> optimism) 2) the contract burns the funds on the source chain and submits a message to the interop layer's network (connext) which then passes the message cross chain to the user application on optimism. 3) the user application reads the payload message and verifies the message came from a valid source 4) the user application mints the same cross chain native asset on the destination chain to the address that the user specified

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