Review on Octus Bridge by Toprak Dere

One of the most technologically impressive platforms on which the FreeTON project has grown, it's still in its early days of maturity, but it already hints at its potential to shake up the DeFi space. With unmatched scalability, remarkably cheap transaction fees (usually less than 0.001% of the transaction), robust security, and a merit-based token distribution system, it's not surprising that a solid community has already developed around the project.



This summer was a big hit for FreeTON as the developers released a number of new products and improved a number of existing features. Broxus, one of the leading development teams working on the project and a member of the FreeTON DeFi alliance, has launched the first of a planned series of FreeTON bridges connecting TON to Ethereum. The bridge highlights how useful FreeTON can be as it allows users to trade. ETH without having to deal with ridiculously high gas fees.



The Free Ton bridge is a layer 2) solution that connects the Ethereum blockchain with Free Ton. Performing a key function in decentralized finance, the bridge offers users the ability to transfer assets from first-tier chains, where transactions are slow and costly, to newer chains with better scaling capacity and near zero transaction fees.



Free Ton works with the bridging method. The Free Ton bridge developed by Broxus connects ETH with Free Ton so users can freely transfer their assets between the two. The appeal of using the bridge is that once assets are moved from the Ethereum network, they can be transferred at a much higher speed and with a much lower fee.