🐋 Beyond the money flows, here are some concepts you should know: cross-chain bridges
When wrapped assets are transferred back to their original chain, the reverse process takes place: the wrapped assets on the destination chain are burned, and the assets locked on the source chain are released.
Cross-chain transfers involve additional layers of trust compared with transfers on the same chain: besides the two chains themselves, you also need to trust the bridge’s smart contract code and verification mechanisms.
$ZRO and $W are the tokens of the cross-chain messaging protocols LayerZero and Wormhole, respectively. Current price: 1.552.
Size your position according to your means and leave yourself room to maneuver.
#ZRO
When wrapped assets are transferred back to their original chain, the reverse process takes place: the wrapped assets on the destination chain are burned, and the assets locked on the source chain are released.
Cross-chain transfers involve additional layers of trust compared with transfers on the same chain: besides the two chains themselves, you also need to trust the bridge’s smart contract code and verification mechanisms.
$ZRO and $W are the tokens of the cross-chain messaging protocols LayerZero and Wormhole, respectively. Current price: 1.552.
Size your position according to your means and leave yourself room to maneuver.
#ZRO