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Alchemix adopts x-ERC20 standard for safer cross-chain DeFi transactions

Etherum Reddit

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https://cointelegraph.com/news/connext-alchemix-cross-chain-token-standard-reduce-bridge-exploit-losses?s=09

Alchemix has adopted this new token standard, claiming that it will eventually help reduce bridge exploit losses by allowing token issuers to maintain a list of official bridges and control how many tokens can be minted by each.

What are your thoughts on this standard, will it really reduce losses from bridging in the space?

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