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
DeFi United: Interoperability Breaks Silos
Defi Eagle
17.07.2024
DeFi United: Interoperability Breaks Silos
Decentralized Identity (DID) Integration in DeFi
Defi Eagle
17.07.2024
Decentralized Identity (DID) Integration in DeFi
Permissioned DeFi: A New Era of Trust
Defi Eagle
17.07.2024
Permissioned DeFi
DeFi 2.0: The Evolution of Decentralized Finance
Defi Eagle
01.07.2024
SEC Stands Down: A Boon for Ethereum and DeFi?
Defi Eagle
01.07.2024
Stay Up to Date with Us
Market Stats:
BTC Dominance: 55.71%(+0.09%/24h)
ETH Dominance: 14.24%(-0.06%/24h)
Defi Market Cap: $63.35B(+29.27%/24h)
Total Market Cap: $1959.64B(+1.11%/24h)
Total Trading Volume 24h: $52.83B(+34.83%/24h)
ETH Market Cap: $278.83B
Defi to ETH Ratio: 22.72%
Defi Dominance: 3.09%
Altcoin Market Cap: $867.89B
Altcoin Volume 24h: $28.92B
Total Cryptocurrencies: 31286
Active Cryptocurrencies: 9896
Active Market Pairs: 82934
Active Exchanges: 790
Total Exchanges: 9220
BTC: 55285.76$(-0.28%/1H)
ETH: 2318.05$(-0.3%/1H)
AVAX: 23.85$(-0.35%/1H)
BNB: 506.37$(-0.1%/1H)
MATIC: 0.38$(-0.32%/1H)
FTM: 0.44$(-0.94%/1H)
ADA: 0.34$(-0.2%/1H)
DOT: 4.19$(-0.26%/1H)
UNI: 6.61$(-0.3%/1H)
LINK: 10.53$(-2.5%/1H)
CAKE: 1.64$(-0.14%/1H)
SUSHI: 0.6$(-1.11%/1H)
ONE: 0.01$(0.73%/1H)