Let's talk about cross-chain bridges.
A common cross-chain method is “lock and mint”: assets are locked by a bridge on the source chain, and an equivalent amount of wrapped assets is minted on the target chain.
One thing worth thinking about: cross-chain bridges are often attack targets because their contracts tend to hold large amounts of assets. If the verification process is compromised, the locked assets may be stolen.
After receiving bridged tokens, check which bridge issued the wrapped version. Different versions may not be directly interchangeable.
$ZRO and $W are tokens of the cross-chain messaging protocols LayerZero and Wormhole, respectively.
A common cross-chain method is “lock and mint”: assets are locked by a bridge on the source chain, and an equivalent amount of wrapped assets is minted on the target chain.
One thing worth thinking about: cross-chain bridges are often attack targets because their contracts tend to hold large amounts of assets. If the verification process is compromised, the locked assets may be stolen.
After receiving bridged tokens, check which bridge issued the wrapped version. Different versions may not be directly interchangeable.
$ZRO and $W are tokens of the cross-chain messaging protocols LayerZero and Wormhole, respectively.