Sell Across Protocol (ACX) for AUD

Introduction to Across Protocol (ACX)

Across Protocol is a cross-chain token bridge designed to facilitate fast, secure, and cost-effective interoperability between blockchain networks. By leveraging UMA's optimistic oracle, it ensures robust security and capital efficiency, enabling users to move assets across blockchains with minimal fees and sub-minute settlement times.

Key Features of Across Protocol:

Optimistic Insured Bridge: Across relies on a decentralized group of relayers to fulfill user deposit requests from EVM to EVM networks. Relayer funds are insured by liquidity providers in a single pool on Ethereum, with refunds processed via the UMA Optimistic Oracle. Capital Efficiency: The protocol employs a single liquidity pool strategy, simplifying the liquidity provision process and enhancing overall efficiency. This approach, coupled with a competitive relayer landscape, ensures users can enjoy low-cost and swift transactions. No-Slippage Fee Model: Across adopts a no-slippage fee model, further optimizing the cost-effectiveness of cross-chain transfers.

ACX Token Overview:

ACX is the native utility token of the Across Protocol ecosystem, serving multiple purposes:

Governance Participation: ACX holders can participate in the platform's governance, influencing decisions related to protocol upgrades and parameter adjustments. Incentives and Rewards: Users can earn ACX tokens by providing liquidity and participating in the network, enhancing the platform's liquidity depth.