AMPL/SPOT AMA is ongoing. Use this link to join 👍 https://discord.gg/qDM4BZue

🌐 Explore the latest from AGII! Updates designed for simplicity in content creation and coding. Now supporting #AI code generation and multiple languages, #AGII is here for both experts and beginners. 💻🚀 Read more: https://markets.businessinsider.com/news/stocks/web3-platform-agii-adds-support-for-ai-code-generation-multiple-languages-1032974518 #Coinbase #Binance #Web3 #GPTs $AGII https://twitter.com/TheAGII/status/1747681614103240887

JOHN LILIC UNLEASHED: Diamond Sponsorships Driving Telos Across Borders | Telos Talks Introducing our next video in our series of EXCLUSIVE interviews with, Executive Director of the TF, John Lilic! Topics: 🔹 Telos Community Shoutout 🔹 Upcoming Special Events in 2024 🔹 Onboarding New Devs to Telos 🔗 Share on X: https://x.com/HelloTelos/status/1747680192229785881 Twitter | Discord | Telegram | Reddit | Announcements

6/ This brings us to two conclusions: Canonical asset bridging is the only secure way to transfer value, and intents designs are the best way to use canonical assets. Learn more via our blog.

5/ With intents, users can transfer value between chains at a high speed and low cost without taking on additional risk. This is exactly how Across works, and it’s the key to its growing dominance in the cross-chain ecosystem.

4/ Using canonical assets does not introduce new trust assumptions, but it can be costly and slow. Many bridges use DvP mechanisms to transfer canonical assets, but there is a better method: intents.

3/ Bridges that use representative assets do not require external capital as users simply lock up their assets and mint a new one, and they can do so at high speed. But these solutions introduce trust: the user trusts that they’ll be able to retrieve their native assets.

2/ Bridges that use canonical assets require external capital to fill orders quickly. The bridge can only function if LPs commit capital to liquidity pools.