Ep. 498 Building During the Bear Market with UMA Protocol
CRYPTO 101
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What's the Difference Between Wrapped Asset and Liquidity Network?
Bryce: I think there are two classes of bridges out there. One is what I'll call a wrapped asset bridge and the other class I'll calls a liquidity network. And so what's the difference between the two? Bryce: If you're trying to move that asset to Solana, the bridge will go and mint a representation of that asset on Solana. So in cost of that's all well and good, but there's an issue here that if the bridge ever gets compromised, you might lose your money.
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