Across Protocol (ACX) is a cross-chain token bridge that enables secure and efficient bridging of assets between Ethereum and other blockchain networks. The protocol is designed to facilitate seamless and low-cost transfers of tokens between different chains, providing users with a single point of access for cross-chain transactions.
Key Features:
- Optimistic Oracle: Across Protocol is secured by UMA’s optimistic oracle, which verifies transfers optimistically, allowing for quick processing while maintaining security.
- Capital Efficiency: The protocol uses a single liquidity pool and a competitive relayer landscape to optimize capital efficiency.
- No-Slippage Fee Model: Across employs a no-slippage fee model to minimize costs for users.
ACX is a native coin of the Across Protocol ecosystem, operating on Ethereum according to ERC20 standard, and can be used to:
- Reward users providing liquidity, staking ACX, and users participating in referrals to promote the use of Across Protocol.
- ACX holders or stakers have the right to propose and vote on governance decisions for the protocol.
Specifications
- Name: Across Protocol
- Symbol: ACX
- Platform: Ethereum
- Standard: ERC20
- Type: Utility, Governance
- Smart Contract Address: 0x44108f0223A3C3028F5Fe7AEC7f9bb2E66beF82F
- Total Supply: 1,000,000,000 ACX