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Home Platforms Across
Across reviews
Platform Age
2 Years
HQ Country
United States
Anonymous
Decentralised

Founded 2 years ago in 2021.

Headquartered in the United States.

Use anonymously. No KYC required.

Decentralised exchange.

Go to Across earnings calculator

Founded 2 years ago in 2021.

Headquartered in the United States.

Use anonymously. No KYC required.

Decentralised exchange.

Go to Across earnings calculator

Across Crypto Platform

Pros

tick $51,422,878 USD currently invested (TVL)

Across Reviews

Across is a cross-chain bridge protocol that allows users to transfer assets between Ethereum and its layer-2 solutions, such as Optimism, Arbitrum, and Polygon networks. The platform was founded by Risk Labs in 2021 and currently has more than 10 employees. The protocol has its native token, ACX, which has various uses, including incentivizing liquidity providers and participants in the referral link program. However, the ACX token is not well-distributed acording to etherscan and is listed on only a few exchanges, including Uniswap and Balancer.

The Across protocol is a significant innovation in the field of blockchain and has the potential to revolutionize the way assets are transferred between different blockchains. It allows users to transfer assets between Ethereum and its layer-2 solutions, providing a seamless and fast experience. This can be useful for individuals and businesses looking to move funds from one blockchain to another without incurring high transaction fees.

The platform's user interface is simple and easy to use, but it may be slow and unresponsive at times. While the platform claims to perform transactions quickly, this can be affected by the slow website performance. The platform supports major wallets like Coinbase and WalletConnect, which allows users to connect with their Ledger, Crypto.com, SafeMoon, and Exodus wallets. However, MetaMask is not currently supported on the platform.

Using the platform is straightforward; users can connect their wallets, select a token from the dropdown menu, and deposit or withdraw funds. The liquidity providers will receive rewards from the fees collected from swaps and exchanges. However, the platform has a limited number of supported tokens, including ETH, USDC, DAI, WBTC, BAL, and BOBA tokens, as well as the protocol's own UMA and ACX tokens. The bridging tool is also limited to those tokens.

The protocol has its native token, ACX, which has various uses, including incentivizing liquidity providers and participants in the referral link program. The ACX token is an ERC20 token that gives holders the right to participate in the project’s development and control over the DAO’s treasury. The token is also used to incentivize liquidity providers and participants in the referral link program. Little over 10% of the tokens were airdropped to early users. But it is a tricky way of ensuring a more democratic distribution because the platform doesn’t have a big community, and early users are limited to its developers and investors only. Little over 50% of the tokens remain in the DAO’s treasury. DAO’s treasury wallet is a multisig wallet. According to EtherScan data, the token is not well distributed.

The protocol's limited number of supported tokens is a disadvantage. While ETH, USDC, DAI, WBTC, BAL, and BOBA are widely used tokens, it would be beneficial for the platform to support more tokens to increase its utility. Moreover, the bridging tool is also limited to these tokens. It is essential for the platform to broaden its scope to attract more users and expand its user base.

The Across protocol is a new player in the rapidly developing area of bridging between Zk-rollup and Layer-2 networks. Layer-2 networks are gaining popularity as they scale the Ethereum network and provide faster transactions. OpenZeppelin has audited the protocol and given it a passing score. Although the protocol has not been hacked, it is too early to be sure of its security, as decentralized protocols require years to prove their security.

Overall, the Across protocol provides a straightforward solution for bridging assets between Ethereum and its layer-2 solutions. While it has some limitations and a slow user interface, it has the potential to be a useful tool as the use of Layer-2 networks continues to grow. The platform's success depends on its ability to broaden its token support and improve its user interface.

AAcross is incorporated in United States, and also have their headquarters in this country.

Across Key Data

Company
Year founded 2,021
Country incorporated in United States
Headquarters country United States
Decentralised tick Yes
Open source tick Yes
Products
Savings accounts tick Yes
Loans tick Yes
Crypto to crypto exchange cross No
Fiat to crypto exchange cross No
Pro exchange marketplace cross No
Margin trading cross No
Crypto withdrawals to private wallet tick Yes
Futures exchange cross No
DEX aggregator cross No
Chain agnostic cross No
Security
Know your customer cross No
Credit check cross No
Investment Strategy
Liquidity pools tick Yes
DeFi products tick Yes
Unsecured loans cross No
Independent proof of reserves cross No
Key People
Hart Lambur
Founder & CEO

Useful Links

Across Contact Details

https://across.to/

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