Glitter Finance proposes a platform to eliminate the capital inefficiency in DeFi. By leveraging the current cross-chain bridges and their locked TVL, Glitter Finance synthesises tokens on a new chain and uses a portion of the locked TVL across yield-generating vaults. It plans to build its own, cross-chain bridge solution as the basis for yield integration.
Through a cross-chain bridge, Glitter Finance aims to unlock liquidity across different blockchain networks, with a particular focus on Algorand and Solana. We plan to include more blockchains in our future releases, including Polygon and Terra. It requires blockchain expertise, industry knowledge, and development expertise to build such a comprehensive ecosystem.
✨ Glitter $XGLI Token Functions ✨
?The ability to list a new yield farm
?The ability update the treasury fees for yield
collected from the redeployment of user assets
?The ability to update cross-chain transfer treasury fees
?The ability to update oracle addresses
?The ability to choose a new admin, such as a DAO controlled
by the community
?The ability to spend assets from the Treasury