According to Golden Finance, Angus Lamps, head of the Stargate Foundation, stated at the Abstract Summit hosted by Connext that the burn and mint model for cross-chain asset transfers has infinite scalability and doesn't require setting up Solvers or AMMs on different chains. This model's advantage lies in its ability to significantly reduce costs.

For example, transferring $3.3 billion worth of Bitcoin only requires approximately $0.04. Lamps also pointed out that multi-chain tokens are an effective solution for addressing fragmented liquidity.