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

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

Market Stats:
BTC Dominance: 58.9%(-0.32%/24h)
ETH Dominance: 11.4%(+0.01%/24h)
Defi Market Cap: $0B(-21.32%/24h)
Total Market Cap: $2877.32B(+0.67%/24h)
Total Trading Volume 24h: $99.54B(-24.50%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1182.69B
Altcoin Volume 24h: $62.25B
Total Cryptocurrencies: 39742
Active Cryptocurrencies: 8163
Active Market Pairs: 114127
Active Exchanges: 978
Total Exchanges: 12972
BTC: 84370.18$(0.22%/1H)
ETH: 2685.21$(0.53%/1H)
AVAX: 10.34$(0.02%/1H)
BNB: 779.83$(0.12%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.25$(0.12%/1H)
DOT: 1.16$(-0.06%/1H)
UNI: 9.23$(-0.06%/1H)
CAKE: 2.74$(-0.08%/1H)
SUSHI: 0.26$(-0.62%/1H)
ONE: 0.15$(0.22%/1H)