Half a $37M NFT Auction Rode Cross-Chain Intents. That's the Story.
Summary :
Aurora Intents processed more than $19 million across 1,718 swaps for the zkSNARKS auction, over half of the $36.94 million submitted.
USDC accounted for 27% of routed volume and native ETH 21%, with Solana the largest USDC source network.
NEAR Intents solvers competed to fill each bid at a rate fixed before the user signed.
Zcash shielded the destination-side bids, but source-chain transfers remained publicly visible.
ZachXBT questioned the project's utility and the roughly $17 million retained after refunds.
https://bitnxt.io/crypto-news/aurora-intents-zcash-nft-auction-19m
#Bitnxt
Summary :
Aurora Intents processed more than $19 million across 1,718 swaps for the zkSNARKS auction, over half of the $36.94 million submitted.
USDC accounted for 27% of routed volume and native ETH 21%, with Solana the largest USDC source network.
NEAR Intents solvers competed to fill each bid at a rate fixed before the user signed.
Zcash shielded the destination-side bids, but source-chain transfers remained publicly visible.
ZachXBT questioned the project's utility and the roughly $17 million retained after refunds.
https://bitnxt.io/crypto-news/aurora-intents-zcash-nft-auction-19m
#Bitnxt
