Hi Jack,
Thanks for the prompt response.
- TheBoringDao Bridge is a two-way bridge that allows USDT, USDC, ETH among many other tokens to be crossed between 15 blockchains. They also provide asset-specific bridges (providing access to a specific asset from a foreign chain)
- The TVL of the bridge is about 5M
- These are the audit reports: Code Audit Reports - BoringDAO🌀
- As mentioned in my post, we believe establishing a bridge between both chains will benefit both chains by allowing for:
-greater liquidity between different pair of tokens
-more efficient cross-chain transactions.
Finite liquidity is fragmented between L1s, so there is a clear need to connect between chains to bring users interested in exploring both ecosystems