In DeFi being able to use crosschain infrastructures like bridges is key, As this enables you to move liquidity easier and faster to capitalize on opportunities on other blockchain solutions . HOW TO USE BRIDGES EFFECTIVELY, A THREADπ§΅
I am gonna be using the most efficient, cheap and secured liquidity transfer layer I have used as a case study, @StargateFinance
if you wanna know why itβs the most secured bridge read my thread about layerzero :
if you wanna know why itβs the most secured bridge read my thread about layerzero :
Stargate is a liquidity transfer layer build on top of layerzero omnichain interoperability protocol for safe transfer of liquidity. This means you can transfer liquidity from one blockchain to another without a hassle.
How to use stargate:
Head over to stargate finance website on your dapp browser or chrome on pc : stargate.finance
-Connect wallet ( has to be the chain you are transferring liquidity from)
-chose the token you want to transfer( stablecoins preferably)
Head over to stargate finance website on your dapp browser or chrome on pc : stargate.finance
-Connect wallet ( has to be the chain you are transferring liquidity from)
-chose the token you want to transfer( stablecoins preferably)
-Choose what chain you are transferring from
-Choose what chain you are transferring to and then approve transfer. Your transaction takes less than 2mins
-Choose what chain you are transferring to and then approve transfer. Your transaction takes less than 2mins
What makes stargate unique is you can gas yourself up with the destination gas feature, this allows you to send some of your transfer gas to destination gas as low as $1
In DeFi speed is as good as liquidity and being a first mover, make use of @StargateFinance today and have peace of mind. If you find this help, please like and retweet π. Happy capitalizing.
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