HBT Bridge

HBTBridge is an asset cross-chain bridge platform for aggregating decentralized exchanges (DEX) across different blockchains. It deploys liquidity by deploying endpoints (smart contracts) on different blockchains and uses Oracle and Relayer to validate messages and communicate between target chains. It utilizes the liquidity of single-coin assets on each chain as a complete liquidity pool to achieve the purpose of cross-chain bridge transfers.

To cross-chain assets from chain A to chain B, the general process is for the user to transfer assets from chain A to the A chain's DEX and have the Oracle inform the smart contract on chain B to confirm the target chain's asset type and quantity, triggering the smart contract to transfer the user's required currency from the B chain's DEX.

In essence, liquidity is aggregated and deployed on both chain A and chain B. Through the Oracle and Relay (to verify data), information can be passed between chains A and B in real-time without the need for any middleware, ensuring timely and accurate transactions. The main responsibility of the Oracle is to transfer transaction proof and user cross-chain asset transfer from the original chain to the target chain.

Why do users participate in cross-chain bridges and where do profits come from? Our cross-chain bridge product improves convenience for HBTC users while promoting the platform to a wider user base. As usage frequency increases, a large amount of transaction fees will be generated. This will result in a significant amount of liquidity across various public chains and demand for different currencies. Therefore, the platform will recommend that users provide liquidity pledging services on different chains to enjoy the dividends from cross-chain bridge transaction fees. The frequency of users using assets determines their share of transaction fees. In addition, to ensure the safety of user funds, all user assets directly enter various decentralized exchanges and are collectively managed by large exchanges.