What Are Blockchain Bridges, & Why are they Important for DeFi?

Defi Eagle
Published on: 20.03.2021
What Are Blockchain Bridges, & Why are they Important for DeFi?

⚙️ Maker released article What Are Blockchain Bridges, & Why are they Important for DeFi?

⚙️ Blockchain bridges enable interoperability between different networks & between a parent blockchain and its child (sidechain).

#Defi_Eagle #Defi #SmartLiquidity

Related
How to Identify and Avoid DeFi Rug Pulls and Exit Scams
Defi Eagle
14.02.2025
The Pillars of DeFi Ecosystem: Security, Liquidity, and Transparency
Defi Eagle
14.02.2025
Cross-Chain Bridges: Facilitating Seamless DeFi Integration
Defi Eagle
15.01.2025
The Role of Smart Contracts in Legal and Financial Transactions
Defi Eagle
15.01.2025
How Decentralized Finance Works on Ethereum
Defi Eagle
27.12.2024
Ethereum
Stay Up to Date with Us
Market Stats:
BTC Dominance: 59.88%(-0.15%/24h)
ETH Dominance: 10.6%(+0.19%/24h)
Defi Market Cap: $104.08B(-26.12%/24h)
Total Market Cap: $3162.53B(-0.90%/24h)
Total Trading Volume 24h: $68.39B(-39.76%/24h)
ETH Market Cap: $335.65B
Defi to ETH Ratio: 31.01%
Defi Dominance: 3.17%
Altcoin Market Cap: $1268.73B
Altcoin Volume 24h: $53.38B
Total Cryptocurrencies: 33917
Active Cryptocurrencies: 10886
Active Market Pairs: 101106
Active Exchanges: 796
Total Exchanges: 10117
BTC: 95493.79$(-0.33%/1H)
ETH: 2778.04$(-0.41%/1H)
AVAX: 24.68$(-0.97%/1H)
BNB: 649.66$(-0.57%/1H)
MATIC: 0.29$(-0.89%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.76$(-1.07%/1H)
DOT: 4.98$(-0.4%/1H)
UNI: 8.99$(-0.5%/1H)
LINK: 17.5$(-0.76%/1H)
CAKE: 2.46$(-1.22%/1H)
SUSHI: 0.87$(-1.11%/1H)
ONE: 0.02$(-1.24%/1H)