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Altitude

DEFI
Blue-chip asset bridge, powered by LayerZero

Core Concept of Altitude

Altitude is a composable native asset bridge, and one of the first dApp’s built on LayerZero, a cross-chain communication infrastructure designed to ease the current constraints of omnichain activity.

LayerZero acts as a trustless protocol that allows users to send digital assets or a message in a single transaction across applications that derive on a multitude of blockchains.

Altitude’s vision is to enable Web3 users access to a seamless transaction process and promote cross-chain liquidity from one blockchain to another. DeFi users can transfer native assets cross-chain on Altitude with Secured guaranteed finality.

Why Altitude:



Infrastructure:
Transfer assets between chains following independent chain paths connecting single assets, making
Altitude more resilient to Chain outages
Security:
Introducing Secured Guaranteed Finality, a guarantee that funds on the source chain are committed when a transaction is successfully processed on the destination chain
Lightning Fast Transactions:
Deposit and receive funds by utilizing single sided liquidity pools
Cheap Bridging Fees:
Fixed protocol fee of .05% (5 basis points) upon transfer of assets
Zero Impermanent Loss:
Single asset liquidity providing, nullifying Impermanent Loss risks

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