TL;DR
- Fuse Network has integrated the Stargate cross-chain bridge. It will improve the interoperability and liquidity of its ecosystem using Hydra technology.
- It eliminates the need for traditional liquidity pools and reduces costs associated with transactions between different networks.
- The integration also facilitates the migration of assets backed by native reserves in blockchains such as Ethereum and Arbitrum, without additional fees or slippage.
Fuse Network has announced a major integration with Stargate, the leading cross-chain bridge in the industry, with the goal of optimizing interoperability and liquidity in its ecosystem.
This collaboration will revolutionize the way transactions are conducted between different blockchains. It will leverage Stargate’s Hydra technology, which allows for the direct transfer of assets like USDC, USDT, and WETH from more than 20 blockchains to the Fuse network, without the need for traditional liquidity pools.
The use of Stargate’s omnichain infrastructure eliminates the reliance on traditional liquidity mechanisms, such as dedicated pools, resulting in greater scalability and efficiency in cross-chain transactions. Through this unified model, Fuse can significantly reduce the complexity and costs associated with transferring assets between different blockchain networks, benefiting both users and developers.
Fuse: Transactions without Additional Fees or Slippage
Furthermore, the Hydra integration allows assets backed by native reserves on blockchains such as Ethereum and Arbitrum to move more seamlessly within the Fuse ecosystem. This approach eliminates the need for incentivized liquidity programs, offering a more direct and cost-effective option for users. Transactions will incur no additional fees or slippage, facilitating more efficient liquidity migration without the need for capital or additional governance decisions.
The partnership with Stargate also complements the network’s expansion plans, which focus on improving the modular architecture of the network with the Ember project and incorporating compatibility with the Zero-Knowledge Ethereum Virtual Machine (zkEVM). Fuse aims to create more agile, scalable payment solutions tailored to the needs of businesses and individuals, consolidating its presence in the market..