Introducing dForce Bridge

Published on: 17.04.2022

DForce announced the launch of dForce Bridge, a cross-chain bridging tool facilitating instant and low-cost transfer of $USX and $DF across blockchains and layers deployed with dForce protocols.

Initially, dForce partnered with Celer’s cBridge to power cross-chain bridging of $DF and $USX with a liquidity-pool-based model. With cBridge functioning as the underlying infrastructure, $DF and $USX tokens can be exchanged directly with each other on Ethereum, Arbitrum, Optimism, Polygon, BSC, and Avalanche with lower fees and faster transaction speeds. The cross-chain liquidity flow will be mainly powered by the PDLP module (Protocol-Direct-Liquidity-Provision).

Following cBridge, they are now launching a customized bridge (aka dForce Bridge) to further power the multichain expansion. Through dForce Bridge, $USX minted on Ethereum will be locked in a smart contract with the equivalent amount of $USX minted on Arbitrum and Optimism Rollup to maintain 1:1 peg, which will effectively remove the liquidity cap (size of $USX pool and $DF pool) of the pool-base model with more flexibility and enhanced efficiency.

Moving forward, they will look for more collaborations and will introduce dForce customized bridges to facilitate cross-chain bridging of more assets in a decentralized manner, serving as general public infrastructure to power the growth of DeFi.