Lombard @Lombard_Finance, Chainlink @chainlink, and Symbiotic @symbioticfi have launched the first economically secure cross-link solution together.
This innovative solution combines Chainlink's CCIP (Cross-Chain Interoperability Protocol) and Symbiotic's universal staking framework, providing users with unprecedented economic security, making the transfer of LBTC across different blockchains safer and more reliable.
The highlight of this collaboration is that it not only addresses the long-standing risk issues associated with crypto bridging but also enhances the system's risk resistance by introducing restaked collateral (such as LINK and BARD).
The collaboration between Lombard, Chainlink, and Symbiotic is undoubtedly a milestone in the blockchain industry, setting a new benchmark for future cross-chain development.
Introducing the first economically secured cross-chain bridging solution.
The collaboration combines @chainlink's CCIP with @symbioticfi's universal staking framework to introduce additional economic assurance for users transferring LBTC between blockchains.
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