Cross-chain money market aggregators: What are they and how do they work?

Hey everyone!

So, what are cross-chain money market aggregators? They're a new type of DeFi protocol that lets you borrow and lend assets across multiple blockchains. This can be helpful if you want to get the best lending rates and liquidity, no matter which blockchain you're on.

One of the main benefits of using a cross-chain money market aggregator is that it can help you save money on fees. When you borrow or lend assets on a single blockchain, you're usually charged a fee by the network. But when you use a cross-chain money market aggregator, you can borrow or lend assets on multiple blockchains, and the fees are frequently lower.

Another benefit of using a cross-chain money market aggregator is that it can help you access liquidity that you wouldn't otherwise have access to.

For example, if you want to borrow USDC on the eth, but there's not enough liquidity on the eth, you can use a cross-chain money market aggregator to borrow USDC on the Polygon and then bridge it to the eth.

What do you think about cross-chain money market aggregators? Have you used one before?