💪The Solution
To solve these issues, Xbridge introduces an intent-centric framework and restaking mechanism.
Addressing Cross-Chain Assets Challenges:
Fees:
Solvers provide the optimal goal on the destinate chain for users, fostering a more decentralized ecosystem with market pricing.
This process can incentivize more cross-chain liquidity providers to fill up user requests.
Liquidity:
The design of Solvers and Decentralized Market Makers (DMM) is preventing funds from being locked within the protocol for a prolonged period.
In conclusion, Solvers connect users with liquidity providers for a seamless bridging experience and maximize fund allocation.
Addressing Cross-Chain Protocol Challenges:
Reduced Transfer Costs:
Users express their intents on-chain, and Solvers provide specific Calldata on the target chain, significantly reducing data transmission and lowering cross-chain transaction fees.
The integration of Solver on the target chain enhances protocol efficiency, enabling user operations at reduced costs and increased economic efficiency.
MEV Attack Prevention:
Intent-based cross-chain protocols do not store specific Calldata on the source chain, preventing sandwich attacks by MEV bots on the target chain.
This measure reduced attackers’ visibility into cross-chain operations, thereby enhancing user transaction privacy and security.
Security Concerns:
Introducing Restaking by staking valuable assets like ETH, stETH and X/ETH (AMM Liquidity Pool) to build decentralized nodes helps address underlying protocol security verification issues, minimizing trust-related challenges.
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