0Fx Safer Bridge
🟠Status: Vision
This page outlines a conceptual mechanism for seamless token interoperability within the 0Fx ecosystem, aiming to enhance cross-chain liquidity and security without relying on TVL-based bridges. Not yet implemented.
0Fx Safer Bridge
SaferBridge is envisioned as the official interoperability layer for the 0Fx Protocol, enabling any token to be transformed into an interoperable version and seamlessly transferred across chains. This is done through a token destruction and reminting process validated by oracles.
Token Transformation Process
Users can convert their native tokens into interoperable versions through a secure two-step process:
Destruction of Original Token: The user initiates the burn of the original token on its source chain.
Oracle Validation: External oracles validate the burn and approve the minting of the equivalent interoperable token on the destination chain.
Once converted, these tokens are permanently interoperable and can no longer be used in their original liquidity pools. Transfers between blockchains are executed by burning the interoperable token on the current chain and reminting it on the target chain.
Security and Trust via Oracle Restaking
The security of SaferBridge relies on decentralized oracles, which are themselves part of the 0Fx Restaking framework. Validators involved in the protocol’s staking infrastructure also validate bridge transactions.
This model ensures:
No TVL exposure
Stakers earn additional rewards by validating transfers
Seamless security integrated across the ecosystem
Dynamic Liquidity Transition
As tokens become interoperable and shift away from legacy pools, a tracking system monitors how much of each token supply has been converted.
This tracking enables:
Dynamic adjustment of liquidity pools
Migration of corresponding liquidity into interoperable token pools
Preservation of overall liquidity balance
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