What we like
Allbridge is a cross-chain bridge that allows for the transfer of crypto assets between Ethereum Virtual Machine (EVM), Layer-2 and non-EVM compatible blockchains with support for a wide range of assets across several networks.
What we like less
Requires more trust assumptions as the protocol's consensus mechanism relies on an extrernal, trusted validator. Malicious actions can result in reflexivity as validators are required to stake ABR tokens as a form of collateral.
What it means for you
Allbridge offers you attractive yields across its automated market maker (AMM) partners and you can benefit from cheaper bridging fees by staking only a small amount of ABR tokens.