The solution. Eagle protocol
The easiest and simplest way to describe Eagle Protocol is that it facilitates cross-chain swaps without bridging. Eagle protocol accomplishes this by sending messages using the generic messaging layer on bridges to initiate and execute a swap across chains. Rather than requiring users to lock or burn tokens and then mint them on the destination chain, Eagle protocol uses single-asset liquidity pools and the eagle protocol liquidity aggregation protocol, both deployed on all of the most popular chains, to initiate swaps for the desired token. This results in users receiving their tokens very quickly, for much less gas, and not being limited to swapping stablecoins or the chain's native gas token.
There are four steps to the process:
Users select their pair and chain of choice.
They initiate the swap on their home chain into a Eagle liquidity pool.
Eagle protocol uses the bridges to send a swap instruction message to a relayer on the destination chain; there is no bonding or minting of assets to or from the bridge.
The relayer, after confirming the message, sends the chosen asset to the user's wallet on the destination chain.
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