Review on Octus Bridge by Flourish Titilope (Abesther)

Free TON Bridge powered by Broxus is a cross-chain wealth transfer that consists of a connection between ETH and Free TON. This bridge allows users to move liquidity bidirectionally from the Ethereum blockchain to the Free TON blockchain, where transactions can be carried out with fees close to zero, and in Free TON Bridge, like all inter-blockchain bridges in general, it is a crucial one Part of the DeFi bridges allow the flow of funds between blockchains to promote other DeFi products such as DEX and loans. A decentralized TON bridge could also be seen as an analogue of a decentralized bank from the perspective of the business model in the FreeTON network. Bridge tokens are required to distribute management performance across the bridge. Their fundamental value includes voting rights, including the right to vote on the distribution of the DAO profits, drawn from the reserves managed by the smart contract and accruing interest on the liquidity blocked by the users of the bridge. The service that the bridge offers customers is as cheap as possible. In order to make this possible, unlike other bridge platforms, there are no transfer fees for using the bridge. Assets and is applied to maintain the risk management necessary to ensure the safety of funds. The Free TON Bridge is committed to adding $ 1 billion in liquidity by the end of the year. As a secondary solution to the Ethereum network, the Free TON Bridge is being built with the aim of making DeFi more functional and affordable for everyone. required to participate in the validation of the Free TON Bridge. The bridge is served by special servers called relays. A relay is a Free TON Bridge Validator. Each sender must block at least 100,000 bridge tokens in order to participate in an auction. Auctions are the appointment of new seasons that take place once a week. Up to 100 relays will be selected based on the volume of the bet (100k + bridge tokens). In this case, the bet is made by every season that wants to participate in the auction, it will be blocked for one month. This is done so that nobody disturbs the stability of the bridge.