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Cryptopolitan 2023-07-25 06:34:20

Connext and Alchemix Introduce xERC-20 Token Standard to Mitigate Bridge Exploit Losses

In a bid to tackle the ongoing concerns surrounding bridge security in the decentralized finance (DeFi) space, Connext, a leading cross-chain bridging protocol, has partnered with Alchemix Finance, a prominent DeFi platform, to unveil a new token standard called “xERC-20.” This innovative standard proposed as Ethereum Improvement Proposal (EIP) 7281, aims to empower token issuers ... Read more

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