EOS’s smart contract platform is about to become the first truly decentralized chain thanks to LiquidApps. The blockchain will achieve this by integrating LiquidApps’ DAD Bridge.
Of Note, LiquidApps specializes in helping decentralized projects accelerate their development process. Currently, LiquidApps’ strong suite of services run on its primary innovation, DAPP Network.
In addition, developers on the DAPP Network created the Bifrost Bridge to enable cross-chain liquidity transfers between Ethereum and EOS networks. Also, DAPP Network is a part of the DAPP Account DAO (DAD) community.
However, to prove the effectiveness of the bridge, the DAPP team cloned Ethereum’s Curve program. As a resolve, EOS now hosts the Curve clone called eCurve. To date, eCurve has facilitated over $1 million in DAI/ USDC liquidity transfers between EOS and Ethereum.Curve vs eCurve
Notably, Curve is a decentralized exchange (DEX) that aims to address high gas costs and price slippage on the Ethereum network. Despite being the leading smart contracts network, Ethereum has been riddled with scaling limitations and high gas prices. As a result, several L2 projects have been launched to offer relief on the blockchain.
However, comparatively eCurve is faster and cheaper than Curve. On the one hand, Curve transactions take up to 15 minutes and cost between $1 to $200. On the other hand, eCurve is not just cheaper, its transactions are actually free with almost instant transaction execution.
Moreover, eCurve not only serves as proof that the DAD Bridge works, but that the concept can work on any blockchain like Binance Smart Chain or Polkadot. Also, the development could help EOS not only survive the highly competitive crypto market but also become a pioneer in buildi...