acrossappears as a protocol that pushes the boundaries of blockchain technology. It offers a significant solution in terms of speed, security and low cost, especially in cross-chain interactions. across, ACX Coins It promises a unique user experience in the world of decentralized finance (DeFi). So what are the Cross and ACX coins?
What is across?
across, Intentions It is an interchain protocol that works based on an architecture. It offers a structure where users target a specific outcome but can execute their transactions without getting bogged down in technical details. It stands out with its low cost, faster transaction times and superior security features compared to other cross-chain protocols.
What are the features that make Acros stand out?
Speed and flexibility with intent architecture
Across, to execute transactions faster Relay It works with third parties called These relayers complete the customer’s transactions at minimum cost and speed. The Intents architecture abstracts the technical details of the transaction and allows the user to focus only on the result.
Cross-chain application integration
This provides developers with an easy integration process. Through the REST API, low-cost and fast cross-chain transfer features can be added to any application. This feature makes it possible for users to complete transactions without leaving the app.
Modular settlement layer
The settlement layer above not only verifies user transactions but also ensures the security of these transactions. User funds are transferred to relayers after the transaction is confirmed, and this process sets a new standard in terms of security.
What is ACX Coin?
ACX Coin is the native cryptocurrency of the Acros protocol. ACX is an asset that supports the operation of the protocol and plays a key role in ecosystem management. Users can use ACX Coin for several purposes such as staking, liquidity provision and governance.
Where is ACX Coin used?
Liquidity provision and rewards
ACX Coin provides an incentive for users to provide liquidity. Users can earn passive income by earning ACX Rewards.
Participation in governance
ACX coin holders can have a say in the decisions that determine the future of the protocol. Users can participate in the protocol’s governance process, vote and play an active role in development strategies.
Cross-chain transactions
ACX Coin can be used to pay transaction fees and cover other costs for cross-chain transfers.
Across from De Fi
This fills an important gap in the DeFi world across the board. While rollup and L2 solutions solve Ethereum’s scalability issues, they create user experience challenges. Acrosis eliminates these issues with its intent architecture, allowing users to perform simpler and faster transactions.
Advantages of this
1. Instant transaction: Users can execute their transactions instantly.
2. Low cost: Offers lower costs compared to other cross-chain protocols.
3. Safe structure: User funds are released only after the transaction is confirmed.
4. User friendly integration: Developers can easily integrate Acrosis into their applications.
It was published:
