Centrifuge, a decentralized asset financing protocol that seeks to bring DeFi to the real world, has launched a cross-chain solution dubbed “Centrifuge Connectors” to help advance this reality across the more DeFi protocols.
Centrifuge Connectors enables interconnectedness between the Real-World Asset (RWA) market and decentralized finance, allowing for seamless access to liquidity for investors and borrowers, according to an announcement shared on Wednesday.
Multichain liquidity
With the hybrid cross-chain solution, users will not need to access liquidity via third-party integrations – they will be able to do so directly from any of the supported chains. No bridging to the Centrifuge chain is required.
Centrifuge believes in the multi-chain future of DeFi. Today, we’re announcing Centrifuge Connecters, a hybrid cross-chain solution that combines the speed and efficiency of a bridge with the native experience of a protocol fork.”
Lucas Vogelsang, co-founder and CEO of Centrifuge.
Centrifuge is pioneering the solution with Avalanche developer Ava Labs, Polkadot smart contract platform Moonbeam and interoperability protocol Nomad. Supported ecosystems also include MakerDAO and Aave.
The blockchain platforms will help bring Centrifuge Connectors and assets to more users across the DeFi ecosystem, Vogelsang added.
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Source: https://invezz.com/news/2022/06/29/centrifuge-launches-centrifuge-connectors-to-bridge-real-world-asset-market-and-defi/