TL;DR
- Aptos, a high-performance blockchain network, removes daily limits and streamlines processes on its Stargate bridge, facilitating interoperability in DeFi.
- Aptos, with LayerZero and Stargate, creates educational resources for developers interested in multi-chain applications.
- APT’s blockchain network integrates LayerZero to improve speed and efficiency, eliminating limits, and planning to increase its capacity to 1 million transactions per second.
Aptos, a high-performance Layer 1 blockchain network, has implemented significant changes to its Stargate bridge to improve interoperability in the DeFi ecosystem. In a strategic move, the platform has removed daily transaction limits and reduced processing times on its bridge, thus seeking to eliminate obstacles for builders and users of the network.
The decision to remove daily transaction limits is based on the proposal presented by the Aptos Foundation after a thorough analysis. The main goal is to simplify interoperability between chains and facilitate navigation. StargateDAO, responsible for Stargate Finance, reported this change through a statement, emphasizing its commitment to breaking down barriers in the DeFi ecosystem.
We're excited to announce, following the proposal from the @Aptos Foundation, that bridging limits on TheAptosBridge have been removed! 🎉
Not only that, but we’re kickstarting the Aptos Campaign, filled with education, exploration and incentives 👀
Read on to find out more 🧵
— Stargate (@StargateFinance) March 7, 2024
This adjustment allows users of the Stargate Aptos bridge to engage in unlimited activities. This bridge, built on LayerZero, a cross-chain communication protocol, has gained popularity among various projects in the ecosystem, such as PancakeSwap, Aries Markets, and Liquidswap, as well as DeFi protocols like Aptin Labs, Thala Labs, and Amnis Finance.
Aptos Seeks More Speed and Efficiency
In addition to removing limits, Aptos, in collaboration with LayerZero and Stargate. Is working on educational resources and tutorials to assist developers interested in building multi-chain applications leveraging the bridge. This educational focus aims to promote adoption and encourage broader development in DeFi.
Aptos stands out as a non-EVM blockchain, being the first to fully integrate with LayerZero. Using the Move programming language, the network has significantly improved speed, latency, performance, and reliability. Its native token, APT, maintains relative stability, trading at $12.95. Ranking 27th in market capitalization with $4.7 billion, and a circulation of 314 million, according to CoinMarketCap data.
The Aptos Foundation, LayerZero, and Stargate have committed efforts to future updates. Aiming to further simplify the user experience on the bridge. By leveraging the Move programming language and the Aptos BFT (Byzantine Fault Tolerance) consensus mechanism. Ensuring a maximum capacity of 160,000 transactions per second (TPS). Aptos aims to increase this capacity to 1 million TPS, as recently stated by its co-founder and CTO, Avery Ching.
