Terra Bounty-Binance Comparison
Blockchain bridge is a platform that allows the transfer of tokens and/or arbitrary data from one chain to another. Effective bridging is very important for growth of blockchain protocol as it can massively induce growth and assets inflows. Terra has a native bridge, which is called, well Terra Bridge. One of the supported blockchain is Binance Smart Chain (BSC). I believe BSC is one of the most important blockchain as they are quite well established, have a lot of TVL because of dirt cheap fees and also most tokens on Binance CEX can be seamlessly bridged between them. Wormhole V2 is a next-generation of bridging which allows for inter-chain DeFi. It unlocks a whole new dimension of cross-chain value and message transfer between the Terra economy, Solana, BSC, Polygon, and Ethereum. In this dashboard, we will compare some metrics of these two bridges.