"DeFi is a world where participants can do much things offered to them by traditional financial institutions, only, this time, on their own terms. However, modern 'DeFi' is often associated with platforms that users still have to trust their funds to. If DeFi is truly going to work, the obstacles to interoperability have to be overcome" — noted in the article.
How do blockchain bridges work?
One solution to DeFi's functional compatibility issues is the creation of cross-chain bridges, which allow users to transfer assets from one network to another and back. Octus Bridge is a cross-chain bridge, a DeFi application developed by the Broxus team, one of the core Everscale contributors.
Universal Bridge and Invisible Bridge
The Invisible Bridge technology allows users to make EVM-EVM transfers using only their Metamask wallet. In addition, EVM-TVM transfers and vice versa can be made using only one wallet, either Metamask or EVER Wallet.
Octus Bridge is conceived as a universal solution that will connect all major blockchain networks. Currently, the bridge supports 7 networks: Ethereum, Everscale, BNB Chain, Polygon, Fantom Opera, Avalanche, and Klaytn. Additionally, via Universal Bridge technology, users can use the bridge to transfer almost any asset from any network to Everscale and back.
Relayers and stakers
Relayers focus on transaction validation and synchronization across networks, while stakers engage in token locking within staking contracts to participate in consensus mechanisms. Participation as a bridge relayer requires a minimum stake size of 100,000 BRIDGE tokens.
How to make a cross-chain transfer using Octus Bridge?
There is a detailed guide on the EverKit website.