1/ Cross-chain composability with #erc4626 and @ConnextNetwork to enable interchain collateralization 👀
✅Deposit on any chain and borrow to any chain with a single transaction 🙌💪
🔜 #crosschain
Fuji V2⤵️
2/ Most of the #DeFi protocols are now multi-chain with their contracts being deployed on several L1s/L2s.
Yet, these instances are standalone and the UX is not trivial when one tries to use a protocol on more than one chain🤔
3/ On the other hand, the development of cross-chain dApps currently revolves around:
1⃣ simple bridge transfers (moving assets from chain A to chain B)
2⃣ cross-chain swaps (providing an asset on chain A and getting another asset on chain B)
4/ We are currently witnessing an awesome progress in cross-chain message relaying systems 😃
➡️This paves the way to developing more complex native cross-chain dApps.
💪Our ambition with V2 is to build an efficient cross-chain lending aggregator and debt management platform.
5/ Thanks to @ConnextNetwork Amarok upgrade, we are now able to bake in the bridging logic directly into the application layer💡😎
→ offering a seamless UX by abstracting away the parts users don’t need to worry about
6/ Fuji V2 will level up user’s cross-chain interactions with money markets, yield farms and other DeFi legos 🧱🫴
To make this happen, we put #erc4626 vaults at the heart of its architecture.
7/ Coupled with Connext liquidity and execution layer, the new version of @FujiFinance will allow for unlimited cross-chain composability in managing debt 🤯
Follow @FujiFinance to stay up to date with our latest news and RT 🙏😃
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