MetaMask launches bridge aggregator in Dapp to move tokens across blockchains <br><BR>


MetaMask launches bridge aggregator in Dapp to move tokens across blockchains

One of the biggest Crypto wallet providers MetaMask is launching a new feature MetaMask Bridges,   allowing users to find the best routes to move their tokens from one chain to another. 

“MetaMask Bridges is a bridge aggregator to help you find the best routes to move your tokens from one chain to another. Whether you’re being financially conscious or time efficient, you’ll find the best routing option in a few clicks,” the company said in a statement

According to MetaMask, “Similar to how flight aggregators help you find the cheapest and/or fastest flight, MetaMask Bridges helps you find the cheapest and/or fastest route so you know you’re getting a good deal. All in one window, and all in our Portfolio Dapp.”

The company explained the reasons to have come out with new resolutions, MetMask informs that the past turbulent year “has been rife with bridge exploits” that put many crypto users at risk.

“Your crypto needs a secure way to travel. The security question is always, “How can the other side be convinced in a secure way to release the correct token amount to the correct person?” and we take that into consideration every time we select a bridge aggregator and individual bridges,” according to the statement. 

MetaMask’s objective to launch this feature is to provide a smooth transition as they switch between chains, aiming at a user experience that “is frictionless, intuitive, and convenient.”

The firm planned to integrate the bridge providers into two layers:  bridge aggregators and individual bridges as part of MetaMask Bridge.

Direct integration is provided with two bridge aggregators: Socket and LI.FI. In addition to this, via Socket and LI.FI, MetaMask supports a set of individual bridges: Connext, Hop, Celer cBridge, as well as Polygon Bridge. 

According to the business“We did extensive research to vet these bridges, with the goal of developing an objective framework to select those that met our high bar for security and decentralization. We’re not being paid by any of these bridges to be part of this product (though we may have other partnerships with them) and have selected them purely based on our evaluation of their design.”.

The solution’s initial launch consists of: 

  • Polygon Bridge – canonical
  • Connext NXTP – atomic swap
  • Hop Exchange – optimistic (uses canonical L2 bridges)
  • Celer cBridge – external validator / optimistic hybrid

The company says MetaMask products are used by more than 30 million users across the world.