Azuro and deBridge Enable High Speed Bridging In Onchain Prediction Markets

Azuro
azuroprotocol
Published in
2 min readApr 18, 2024

--

Azuro and deBridge are coming together to address a critical user experience aspect of our ecosystem applications: chain bridging. This collaboration enables a seamless integration of deBridge’s bridging and swapping solutions into applications using Azuro’s infrastructure, streamlining the transaction process for end users on the Polygon and Gnosis networks.

Until now, users needed to rely on external exchanges or bridges if they didn’t hold assets on our supported networks, often leading to additional transaction fees and delays. The integration with deBridge eliminates the need for these third-party platforms, embedding a direct bridging function within the Azuro-powered applications. This enhancement simplifies the transaction process and reduces costs, improving accessibility and efficiency within Azuro’s ecosystem.

deBridge provides a secure system for the validation of cross-chain transactions through a network of independent validators, ensuring both security and efficiency. The integration also allows Azuro frontends to participate in the deBridge points program, where applications can earn rewards based on the transaction volume and fees generated.

Alex Smirnov, CEO and Co-Founder of deBridge, commented on the partnership, stating, “In integrating with deBridge, Azuro is giving all the front-ends in their ecosystem the ability to onboard instantly, frictionlessly, from the whole chainscape. We can’t wait to see the innovations that come out of this unlock in on-chain predictions and beyond.”

To date, over 25 decentralized applications (dApps) utilize Azuro’s infrastructure. The protocol has facilitated transactions exceeding $225 million and generated revenues above $2.4 million. Additionally, more than 4,400 liquidity providers are now engaged in Azuro pools.

Azuro is the onchain predictions layer. It consists of modular tooling, oracle and liquidity solutions for EVM chains to host powerful prediction and gaming apps.

With its unique infrastructure layer approach, Azuro makes onchain predictions and gaming portable and composable. It allows anyone to engage and monetize users by building apps, integrations, and products quickly, permissionlessly and with zero upfront or running costs.

Disclaimer: This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, financial or tax advice. References to any digital assets, projects and platforms do not constitute any recommendation for any action or an offer to provide investment, financial or other advisory services. This content may not under any circumstances be relied upon when making a decision to purchase any digital asset referenced herein.

--

--

Azuro
azuroprotocol

🌊 Dive into the Azure: Empowering decentralized sports markets & games with deep liquidity & prediction contracts. 🌊