$LINK
When a project creates an in-house cross-chain solution using custom token processing contracts and arbitrary messaging, it can leave its protocol—and its users—vulnerable to exploitation. In contrast, CCIP’s token transfer mechanism allows protocols to better protect their users by: • Rate Limiting—CCIP token transfers provide configurable rate limits for each token pool per lane. Additionally, all CCIP token transfers are secured by a global rate limit that spans across token pools. • Risk Management Network—CCIP’s Risk Management Network has access to additional transaction information (e.g., tokens, amounts) that allows it to implement additional risk management processes for token transfers. • Defense-in-depth security—CCIP’s transport and consensus layer is powered by Chainlink’s decentralized oracle networks, which have enabled over $10.5 trillion in on-chain transaction value. Not only is CCIP more secure, but its easy integration will significantly reduce development time and ongoing maintenance costs. So if you care about speed of development and security, choose Chainlink CCIP for cross-chain token transfers.
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