Recap deBridge (DBR) in 2023, Launching Various Features!

2024-10-18

Recap deBridge (DBR) in 2023

Bittime2023 is a very important year for deBridge (DBR) as it launches a number of innovative features and scales its ecosystem. 

deBridge also strengthens its position as a crypto project, especially in the blockchain interoperability sector. Read this article to find out!

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deBridge Launches DLN

One of deBridge's (DBR) biggest milestones in 2023 will be to launch deSwap Liquidity Network (DLN), the first of its kind, intent-based cross-chain value transfer engine. 

With the 0-TVL model, DLN offers low fees, protection from slippage and Miner Extractable Value (MEV), as well as very fast transaction settlement.

DLN changes the way assets are transferred between blockchains by eliminating dependence on traditional liquidity pools. 

Instead, DLN uses a peer-to-peer liquidity network that allows cross-chain transactions to occur almost instantly and natively. 

Also Read: What is deBridge Coin (DBR)? Cross-Chain Interoperability Solution!

deBridge Launches IaaS

2023 also marks the launch of deBridge IaaS (Interoperability-as-a-Service), the first solution on the market which offers interoperability as a service. 

This solution enables both Ethereum Virtual Machine (EVM) and Solana Virtual Machine (SVM) blockchain ecosystems to transfer authenticated messages, store cross-chain assets, and exchange value natively with high performance.

IaaS is designed as a subscription model that provides a complete solution for any blockchain ecosystem. 

deBridge's first partner, Neon EVM, will use IaaS to achieve two-way interoperability between Neon EVM and all chains supported by deBridge.

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Integration deBridge with Solana

After adding support for Solana to DLN, the volume of transactions to Solana and from Solana increased rapidly. 

Thanks to collaboration with several projects from the Solana ecosystem, such as Jupiter, Solflare, and MetaMask, deBridge managed to attract new users and increase cross-chain liquidity.

During December alone, deBridge processed more dari $80 million in Solana-related trading volume. These numbers show how important Solana is in the deBridge ecosystem.

deBridge Supports New Chain

Apart from Solana, deBridge also supports new chains, like Base, Line, And Optimism. That way, users can carry out cross-chain transactions quickly between various chains supported by deBridge.

Launch ofBridge ON Horizon is one of the main initiatives to increase usage of Optimism Mainnet. OnOptimism users also get incentives in the form of transaction fee refunds based on activity and transaction volume,

Thus, 2023 is a very productive year for deBridge. Launching innovations such as DLN, IaaS, and increasing support for new chains, deBridge continues to build a more efficient and secure cross-chain ecosystem.

Also Read: How to Boost PX Points on Not Pixel, Opportunity for Airdrop!

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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

Table of Contents
deBridge Launches DLN
deBridge Launches IaaS
Integration deBridge with Solana
deBridge Supports New Chain
How to Buy Crypto di Bittime
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