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Milkomeda'S Asset Consolidation Contracts (MACC)

MACC is Milkomeda’s bridge aggregator and asset consolidation application. It consolidates fragmented ERC-20 assets from multiple bridges into unified assets on Milkomeda and uses a treasury to help protect users against bridge-hack losses.
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Description

Milkomeda’s Asset Consolidation Contracts (MACC) is a decentralized application and smart contract system for consolidating assets bridged to Milkomeda. It accepts supported assets from multiple bridges, converts them into Standard USD or other available supported assets, and helps reduce fragmentation for liquidity pools and decentralized exchanges. MACC also limits bridge exposure and maintains a treasury or risk-mitigation fund intended to cover user losses in the event of a bridge hack. Users interact with MACC by connecting a wallet and converting assets through its web interface.