0Fx Safer Bridge

SaferBridge is the official bridge of the 0Fx Protocol ecosystem, enabling the transformation of any token into its interoperable version through the destruction of the original token and the intervention of external Oracles. This bridge facilitates the seamless transfer of interoperable tokens between different chains. Within the 0Fx Protocol ecosystem, all tokens will be designed to be interoperable and supported by SaferBridge.

1

Token Transformation Process

Users have the flexibility to convert their tokens from their original version to their interoperable version. By destroying the initial tokens and validating transaction integrity through Oracles, users receive the same tokens in their interoperable version. Once users hold the interoperable version of the token, they can utilize SaferBridge to move between chains by destroying these tokens on their starting chain and reprinting them on their destination chain.

2

Ensuring Security and Integrity

The intervention and validation of Oracles ensure the secure transfer of tokens between chains. SaferBridge provides the highest level of security by not utilizing Total Value Locked (TVL) and offering simplified usage and interoperability. Oracles will be provided as part of a Restaking process available for all products within the 0Fx Protocol ecosystem. This allows users to leverage their investments through Staking, regardless of whether they are already placed in a financial product, enabling their funds to generate additional income through transaction validation on the bridge. This ensures the security and integrity of the process across chains, making interoperable token products as secure as a PoS blockchain operating on consensus.

3

Monitoring Token Transition for Long-Term Liquidity

Once tokens are transformed into their interoperable version, they become permanently interoperable and can no longer be exchanged in their original liquidity pools. Therefore, a monitoring system will be implemented to track the percentage of each token being transformed into its interoperable version. This monitoring will enable protocols to transition the corresponding liquidity amount from the original token liquidity pools to the liquidity pools of the same tokens in their interoperable version. This ensures a seamless long-term transition without affecting the liquidity of either version.