BounceBit and Free Tech Partner to Enhance Cross-Chain Transactions for BBTC and BBUSD
Zach Anderson Jun 17, 2024 16:29
BounceBit teams up with Free Tech to enhance cross-chain transactions for BBTC and BBUSD, improving user experience with swift and secure transfers.
BounceBit has announced a strategic partnership with Free Tech, an independent product line powered by the Meson Finance team, to enhance the ecosystem's cross-chain transaction capabilities for BBTC and BBUSD, according to a recent BounceBit Medium post.
Enhancing User Experience with Free Tech Solutions
The digital finance space is increasingly focusing on user experience by facilitating transactions across different chains, breaking down technical barriers, and enabling intuitive interactions. Since the launch of its mainnet, BounceBit has been prioritizing infrastructure enhancements to achieve this vision.
With the integration of Free Tech, users can now directly swap BBTC and BBUSD onto the BounceBit Chain, enabling quick two-minute swaps with minimal fees or slippage across more than 50 top blockchains.
Key Benefits of the Integration
- Free Express for Quick Transfers: Enables minute-level cross-chain exchanges, perfect for quick and small-amount transfers (less than 1 BTC). Transactions are completed within 1–2 minutes, ensuring a fast and efficient user experience.
- Free Tunnel for Secure Large-scale Transfers: Provides extra security for cross-chain minting and is ideal for large-scale asset transfers. With Atomic Lock Mint technology, it ensures secure cross-chain minting and multi-chain asset generation. Due to added security, these transactions take longer (from several hours to 3 days), making it suitable for larger operations.
Driving Innovation Through Collaboration
BounceBit and Free Tech share a common goal of enhancing the user experience. By combining BounceBit’s pioneering role as the first native BTC Restaking chain with Free Tech’s robust cross-chain transferring capabilities, the partnership aims to shape the future of CeDeFi, making it more user-friendly, efficient, and profitable for all.
About Free Tech
Free Tech, powered by the Meson Finance team, specializes in cross-chain asset transfers with products like Free Express and Free Tunnel. Free Express is perfect for quick and small-amount cross-chain transfers, while Free Tunnel provides extra security for large-scale asset transfers through Atomic Lock Mint technology.
About BounceBit
BounceBit is a pioneer in the CeDeFi industry, combining the best of centralized and decentralized finance to offer users unparalleled opportunities for asset management and yield generation. As the first native BTC Restaking chain, BounceBit is dedicated to providing innovative financial solutions that are secure, efficient, and user-friendly.
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