The Across Protocol, which is built on top of UMA's Optimistic oracle machine, enables transactions to go in both directions across Ethereum's Layer 1 and Layer 2 chains. The mix of Optimism oracles, repeaters, and single-sided liquidity pools is what makes decentralized quick transactions across chains feasible. The ACX can now communicate with blockchains such as Ethereum, Arbitrum, Optimism, and Polygon.
The Across Protocol enables users to borrow liquidity from decentralized repeaters, which makes it possible for tokens to be moved instantaneously and at a low cost between different chains (layers). A user's account can be pre-funded by a repeater so that they can make rapid transfers between chains. Repeaters on the Ethereum network have the option of selecting on-chain remuneration from a controlled pool of coins in exchange for their services.
The following is a list of every token that may be used on the chains that ACX supports, along with a brief description of each one. Tokens may only be traded between different chains if both of those chains support the token that is being traded.
As a result of Across Protocol's current integration of the Ethereum Mainnet, Arbitrum, Optimism, and Polygon networks, it is now possible to move ETH/WETH, BTC, DAI, USDC, BOBA, BADGER, BALANCER, and UMA from one blockchain to another.
The company's initial attempt at developing a digital asset resulted in the creation of the Across Protocol $ACX token. The distribution of it will begin on November 28th of this month. In relation to actions that take place across chains, ACX airdrops are made available to the wallet addresses of ecosystem contributors who took part in the activities in question. The total number of items that will be dropped from the sky is 10 million. Recent investments totaling $10 million were made in Across Protocol with a valuation of $200 million. These investments came from Hack VC, Placeholder, and Blockchain Capital.
MEXC has evolved to become the most popular cryptocurrency exchange in the world, giving its 10 million customers a broad variety of helpful services. The company was founded on the idea of "User First, Change for You," and it continues to operate under this guiding philosophy. On MEXC, rapid trading is available for more than 1,700 tokens, 170 tokens in contracts, and 350 tokens in exchange-traded funds (ETFs).
MEXC is unrivaled when compared to other exchanges in terms of the trading pairs, volume, and quickness with which popular projects may be established. From UNI through DYDX to APE and OP to APT to ACX, these assets are initially listed for trading on the MEXC exchange.