Development background

Background 1 - Increasing Demand for Cross-chain Bridge

As the Web 3.0 ecosystem grows and Ethereum cannot handle all the transactions, many mainnets have emerged and the asset transfer between mainnets are also rapidly increasing. As mainnets such as Solana, Polygon, and Avalanche have grown significantly in the ecosystem, the total TVL of Ethereum and bridges connected to it has risen sharply to $25 billion in2022 and the transfer between mainnets has increased by $8 in 2023 billion per month.

Background 2 - Incomplete Cross-chain

In order to solve the problem of moving assets between chains, many projects are providing cross-chain solutions in their own way.

However, these services do not completely solve the cross-chain problem because they only connect major tokens between chains.