[Head of the Stargate Foundation: Multi-chain tokens are an effective solution to the problem of liquidity fragmentation] Golden Finance reported that Angus Lamps, head of the Stargate Foundation, said at the Abstract Summit hosted by Connext today that for cross-chain asset transfers, The burn-and-cast model is infinitely scalable and does not require setting up solvers or AMMs on different chains. The advantage of this model is that it can significantly reduce costs. For example, it only costs about $0.04 to transfer $330 million worth of Bitcoin. He also pointed out that multi-chain tokens are an effective solution to the problem of liquidity fragmentation.