To solve the problems outlined in the last section, Bridges has created the world’s first semi-decentralized exchange. At its core, a semi-decentralized exchange holds to the very same tenets as decentralized finance, namely:
1.
A belief in the importance of democratizing finance
2.
A commitment to open source access for tokens
3.
The ability to use the exchange anonymously
4.
A decentralized governance structure
Where a semi-decentralized exchange differs is in how it goes about achieving these goals. As we’ve written about on our blog, the prevalence of scams (including rug pulls, pump-and-dump schemes, honeypots, project shutdowns, and outright theft) have opened an enormous gap between the priority of these goals and the ability of DeFi participants to actually achieve them.
As a semi-decentralized exchange, Bridges builds upon the core tenets of decentralized finance with commitments to:
Improving safety (for holders and developers alike)
Minimizing the risk of scams
Safeguarding the innovations of project developers
To take things one step further, we’ve invested in our digital product experience and established channels of communication for customer care as well as documentation just like what you’re reading now. Additionally, project developers receive access to premium benefits and launch support.