Description
TeleSwap is a cross-chain bridge that enables the seamless transfer of BTC and Runes across blockchains. It allows users to swap stablecoins for BTC and Runes, wrap these assets for use in DeFi protocols, and enjoy fast, cost-effective transactions with self-custody. The platform utilizes light-client technology to verify Bitcoin transactions without relying on third parties, ensuring high security and decentralization. It operates with economically incentivized nodes, where any deviation from the protocol results in slashed collateral, and users are compensated for any failures.