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Crypto lending aggregator FujiDAO integrates Connext Bridge to expand cross-chain functions

FujiDAO, a loan aggregator platform that identifies the best rates on multiple blockchain protocols, announced today it has expanded its capabilities across chains thanks to its integration with Connext.
With Connext, developers have access to trust-minimized cross-chain communication to make blockchains composable.
The Connext Bridge application is a built on top of Connext’s nxtp protocol.
Connext Bridge supports asset transfer between L2s and Ethereum Virtual Machine compatible chains.
The protocol achieves this by constantly monitoring borrow markets and, whenever there is a better rate, it automatically refinances the whole pool of debt.

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.

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