This article is from deBridge
“WTF is deBridge?” — This is not a joke, but a comment from deBridge co-founder @AlexSmirno v_An in-depth self-narration on the X platform. After accompanying deBridge for three years and completing the milestone of over 10 billion US dollars in transaction volume, Alex decided to reiterate one thing: who is deBridge and what do we do?
Not just a “bridge”, but a new infrastructure on the chain
deBridge is never satisfied with being the best cross-chain bridge - because it is far from enough.
The original intention of creating deBridge was because in 2021, we ourselves encountered a real problem: we could not conduct cross-chain arbitrage efficiently and could not really use DeFi freely. So, with this real pain point, deBridge was born.
Today, we are still evolving around this core goal: to enable users, applications and chains to achieve true real-time interaction and liquidity collaboration on the chain.
Who are we building for?
Users: Allow them to seize on-chain opportunities at the first opportunity and use DeFi more freely and efficiently.
Application: Help projects find market fit faster and achieve 10x growth.
Public chain: Allow any chain to attract users, assets and applications from other ecosystems and achieve its own expansion.
Why are we doing this?
The key to finding product-market fit was creating a way for users to migrate to Solana in real time.
This incident reveals a bigger insight: when liquidity, applications and users can be connected in real time, the real on-chain magic will happen.
Remove the technical filter and explain “on-chain” in user language
We are not keen on repeatedly emphasizing technical terms such as cross-chain messaging, composability and intention in our publicity. Because every time we get caught up in these terms, we are actually assuming that we only serve a small group of technical users.
But the reality is that we want to serve a wider user group. They may not know what interoperability means, but they know what easy to use, simple and profitable are. This is the user experience we want to polish.
Our goal has never been to show off, but to solve real problems and provide a truly practical and easy-to-use infrastructure layer for DeFi.
deBridges secret: Focus on asset trading, not asset custody
Many people are curious, why deBridge does not get involved in the big track of cross-chain asset custody? Because this is not our direction at all.
The challenges faced by the asset custody track are huge - high risk, high responsibility, but difficult to realize. The greater the TVL, the greater the responsibility. Platforms like BitGo can only rely on charging 15 basis points to maintain the security of WBTC assets. However, many emerging protocols do B2B custody at zero cost, which raises a question: How can they achieve security and long-term sustainability?
We believe that on-chain asset custody should be handed over to a team dedicated to infrastructure, and deBridge is better at and focuses on one thing: enabling all DeFi assets to be traded in real time and connecting all on-chain liquidity.
Focus on long-term value and build a Starlink on the chain
We adhere to the most basic construction logic:
deBridge is laying the foundation for the next 5+ years.
We hope to become the Starlink on the chain - connecting all users, applications and assets with one click.
No matter which chain you are on, you can quickly access Defi products on other chains
Any chain and application can be easily connected to deBridge, and any user can easily use deBridge.
We will build the most ambitious DAO in the DeFi space.
deBridge is becoming a real-time on-chain operation engine, you can do anything with it, really, anything.
