We are thrilled to announce our partnership with Across and the integration of Across+ into Umami Finance! This collaboration will enable users to bridge assets directly to Arbitrum from other EVM chains and deposit them seamlessly into our GM Vaults. Plus, you’ll benefit from a 95% rebate on bridge fees!
What is Across?
Across is an interoperability protocol designed to provide the fastest and lowest-cost cross-chain asset transfers without compromising security. It utilizes an intents-based architecture, where a third party, known as a relayer, quickly fulfills user requests, making the user experience seamless and efficient.
Introducing Across+
Across+ extends Across’s core bridging capabilities by allowing users to bridge assets and perform additional actions within a single transaction. This integration simplifies user onboarding and defragments liquidity across chains, making it easier for users to manage their funds.
How This Integration Benefits Umami GM Vaults
With this integration, users can now:
- Direct Deposits from other networks — Ehereum, Optimism, Polygon, Base, Linea, and Mode.
- Access to More Capital: Vaults gain access to user capital from all Across-supported chains, promoting meaningful and sticky TVL on Arbitrum.
- 95% Fee Rebate: Enjoy a 95% refund on bridge fees, thanks to Across’s allocation of 1,000,000 ARB tokens from the LTIP campaign. This rebate covers the Across LP fee and the destination chain gas fee.
- Streamlined Experience: Across+ bundles bridging and protocol actions, abstracting the process and making cross-chain transactions more user-friendly.
About Across LTIP Campaign
Across was awarded 1,000,000 ARB tokens for the LTIP campaign, distributed as gas rebates to users bridging to Arbitrum. This includes a 95% rebate on the bridge fee, covering both the Across LP fee and the destination chain gas fee.
After depositing, users can directly claim their 95% rebate on bridging costs from Across: https://app.across.to/rewards/arbitrum-grant-program. They’re distributed monthly, around the 15th of the month.
This rebate program extends to all Across+ transactions, promoting efficient and cost-effective bridging.
We encourage our users to take advantage of this program and enjoy the benefits of seamless asset transfers and high yields in our GM Vaults.
This program will end when the LTIP campaign concludes, so act fast and get started today!
