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The Baby Doge community proposes to implement Chige.finance Bridge to achieve interoperability between BNB and ETH chains

The Baby Doge community proposes to implement Chige.finance Bridge to achieve interoperability between BNB and ETH chains

2023/12/29 05:59

Baby Doge indicated on X that the community proposed implementing Chige.finance Bridge to achieve BNB and ETH chain interoperability. The advantages of Chige.finance Bridge include enhanced asset access, users obtaining 0% fees for ETH through bridging, exposure to diverse ecosystems, and arbitrage opportunities. However, risks associated with Chige.finance Bridge include complexity and security issues as well as potential exploitation. The history of crypto bridges has shown they are prone to attacks, such as in cases of multi-chain vulnerability exploits. Although BabyDoge was not directly affected by financial losses, it highlighted the inherent risks associated with bridge implementation.

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