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.

About Celer Network

Celer is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, and more across multiple chains.

Developers can build inter-chain-native dApps using the Celer Inter-chain Message SDK to gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.

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About dForce 

dForce is an integrated and interoperable platform of opening finance protocols, covering lending, assets and trading has launched

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