
Solfate Podcast · 2024-04-24 · 56 min
A conversation with Andriy, the founder of AllBridge, a cross-chain bridging protocol that uses stable coins. PS: Checkout the Snapshot newsletter: a byte-sized email newsletter filled with the biggest updates from Solana ecosystem teams and builders. ~5 minute read. Every 2 weeks. Full show notes: solfate.com/podcast/49 Follow the @SolfatePod show on Twitter for updates. Thanks for listening frens :) Notes from the show Andriy, the co-founder of AllBridge, discusses his background and transition into the crypto space. He shares the early days of AllBridge and its role in bridging stable coin assets between different chains, particularly on Solana. He explains the architecture of AllBridge and the transition from the common “mint and burn” model to the current liquidity pools. Andriy also discusses the future plans for AllBridge, including the potential introduction of governance and partnerships with other protocols. He provides insights into the user flow and technical process of bridging, as well as the returns and risks associated with liquidity pools. Lastly, he talks about the integration with Phantom and the role of bridge aggregators in the ecosystem.
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