Bakstag

Bakstagis a protocol for moving liquidity that makes the process permissionless, trustless, cheap, and scalable. The system of multichain smart contracts that allows parties to create and accept offers over-the-counter at a desired price. Funds are transferred directly to where they need to go, maintaining the integrity and liquidity of the original tokens bypassing the need for token wrapping as well as mint and burn mechanics Once the offer is created, the initial asset is safely locked in a smart contract. This is like putting money in escrow. It remains there until someone decides to buy in whole or in part or until the offer is canceled. Built entirely on multichain smart contracts, operates without the supervision exchange, enhancing security and adhering to the decentralized nature of blockchain. Since transactions are not limited to the liquidity pool and occur directly between the parties, we see a meaningful difference in fees as opposed to bridging, as well as transaction speed