Overview
About
OMO is a cross-chain aggregation protocol with no liquidity constraints and zero slippage. It is also an innovative and open cross-chain solution. Based on CCTP (Cross-Chain Transfer Protocol), OMO is able to burn native USDC on the source chain and mint the same amount of native USDC on the target chain. For traders, it not only reduces the cross-chain transaction loss to 0, but also breaks through the limitation of liquidity pools. For the protocol, it not only reduces the security risk of cross-chain assets, but also greatly improves the utilization rate of funds. In addition to bridging USDC on different chains, it will also directly aggregate as many DEXs as possible to give users the optimal route, allowing users to have more asset choices on the source chain and the target chain (for example: allowing users to swap $ETH on Ethereum for $ARB on Arbitrum).