Dextra Bridge

Overview

Dextra Bridge is a crucial component of the Dextra ecosystem, ensuring cross-network compatibility and supporting multichain operations. It allows users to transfer tokens between different blockchains while maintaining full functionality and security of assets. Dextra Bridge is used to link DEXTR tokens and their derivatives, such as xDEXTR, across various networks.

Features of Dextra Bridge

1. Multichain Support:

Dextra Bridge supports multiple blockchains, including Ethereum and other compatible networks, ensuring seamless integration and interaction between them. This allows users to freely move their assets and participate in various DeFi projects across different blockchains.

2. Security and Reliability:

Dextra Bridge is built on advanced cryptographic methods and smart contracts that ensure the security and reliability of all transactions. Each stage of token transfer is meticulously controlled and protected, minimizing the risks of loss or hacks.

3. Automatic Compounding:

Dextra Bridge employs special compounding technologies to automatically increase the amount of DEXTR tokens by claiming and exchanging governance tokens. This process allows token holders to earn additional rewards without the need to manually manage their assets.

4. Voting and Governance:

xDEXTR token holders retain their voting and governance rights, similar to holding DEXTR on the Ethereum network. This ensures that all stakeholders can participate in key decision-making processes, even if their tokens are on different networks.

Technology and Process