Intents-based systems are fragmented, each with their own set of fillers and no unified cross-chain standard
That’s why we teamed up with @AcrossProtocol to propose ERC-7683, a standard designed to solve fragmentation through a universal filler network
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How ERC-7683 works:
+ Users sign a cross-chain order
+ User funds are escrowed in a settlement contract
+ Fillers compete to fill the order on the destination
+ Winning filler executes the action and funds are released
Establishing a standard for intents-based systems improves the UX for apps, fillers, and users
✅ Applications route intents to a wider network
✅ Fillers have a lower entry barrier
✅ Users get faster fills with lower gas
Let’s look at what they are and some hooks we’re excited about.
What ideas do you have?!
2/ Hooks are like plugins. They can introduce code at key points in the lifetime of a pool—like before or after a swap.
This lets developers innovate on Uniswap’s liquidity and security to create pools with custom features.
3/ Hooks expose tradeoffs in Uniswap v3 to developers instead.
They can make their own decisions to create custom features in hooks and plug them into the core pool contract.