Owlto Finance Overview
- What is Owlto Finance?
Owlto Finance is a decentralized cross-rollup bridge focused on Layer 2 blockchains designed to streamline asset transfers. This allows users to leverage the benefits of different L2 solutions without needing to return to the mainnet each time. Owlto prioritizes providing a cost-effective and time-saving experience for users.
- Main Features
- Easy-to-use and straightforward interfaceFast and cost-effective transactionsCross-chain integration APISecure and reliable transaction
Frequently asked questions
Owlto charges a bridge fee for each transfer, which is paid by the sender to the platform and market makers. There is also an Destination TX Costs, which is also paid by the sender in advance. The fees are bound to change due to the instability of the gwei or gas fees, but users will be able to see how much will it cost before bridging.
The benefits of using Owlto for transactions include faster transaction times compared to using the native bridge, with Owlto taking approximately 35 seconds compared to up to 10 minutes for the native bridge.
Owlto allows transfers of various assets, including popular cryptocurrencies like ETH, USDC, USDT, wstETH, USDV, BTC and BNB. They might be expanding support for additional assets in the future.
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