🚨🚨 BIG UPDATE 🚨🚨

Movr Network is now Socket πŸ”Œ

We are rebranding to Socket to reflect our long-term vision. We are excited to present Socket and our vision for the coming future.

Read More πŸ‘‡
bit.ly/3sdFhvD
Today, a typical multichain app means siloed app instances spread across multiple chains. The result is fragmented liquidity, inefficient apps & poor UX

Socket aims to unify the multichain ecosystem by connecting all chains & enabling seamless asset & data transfer between them
Socket instead enables developers to build unified apps with shared liquidity & state across chains.

It acts as a meta-layer that developers can plug into & build apps with interoperability as a core part of protocol logic
Socket’s meta-layer already supports x-domain liquidity transfers and will soon roll out support for data transfer.

It is being already leveraged by FundMovr(built by Socket team) @zerion_io @AmbireWallet @WalletOrange @tetu_io @ondefy & others to power their multichain bridges
Data movement is the next step in enabling true interoperability. It will connect all dapps across chains & allow protocols to break free from the chains.

Explore some interesting use cases πŸ‘‡
bit.ly/3sdFhvD
With a new brand, comes a look revamp! Check it out in the links below & hit us up on Discord if you're ready to build truly multi-chain apps!

Docs: docs.socket.tech
Discord: discord.gg/zfKJR8yWaH
Website: socket.tech
Big thanks to @Vuk_Ash and the team at Trivere for helping us with the rebrand

The amazing video above was produced by our very own community member @cryptoromb β™₯️

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More from @socketdottech

Jan 31
Howdy farmersπŸ‘©β€πŸŒΎ!

In β€˜21, ecosystem went multichain as 1/3rd of Ethereum TVL migrated away

The multi-chain future is now firmly the multi-chain present

Introducing β€œMultichain Bytes”–a data driven weekly activity overview to help you stay on top of trends! 🧡 1/n
2/n

Multi-Chain Bytes at a Glance (1-28 Jan'22):

- @FantomFDN clear frontrunner with big growth across multiple metrics πŸ“ˆ
- NFT szn beginning with sales uptick on @opensea, @AvalancheavaxπŸ–ΌοΈ
- Market drawdowns in January led to drop in TVL on most chains 🐻
3/n

Total Value Locked:

πŸ”Ό Highest Gainers - $FTM $AVAX $MATIC

πŸ”½ Biggest Loser - $SOL

ve(3,3) & the resulting liquidity rush on @FantomFDN attracted over $7.8B in capital growing TVL by +141% in Jan

@0xPolygon TVL rose by 50% with increasing DeFi and P2E activity
Read 13 tweets

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