The Sui Foundation has launched the Sui Bridge, a solution aimed at improving interoperability in the Web3 ecosystem. The bridge facilitates smoother asset transfers between decentralized finance applications on Ethereum and Sui. Unlike third-party solutions, the Sui Bridge relies on network validators for security. It currently supports ETH and WETH transfers, with plans to expand its capabilities in the future. The Sui Foundation also plans to enhance the Bridge's functionality and migrate liquidity to reflect its developments in decentralized finance. Early user feedback has played a crucial role in improving the user experience.
- Content Editor ( cryptonews.net )
- 2024-10-01
Sui Launches Ethereum-Sui Asset Transfer Bridge