💬 ETHCC Convos: Abstracting Away DeFi Complexities To Make a 10x Better UX with Connext

 

Exploring Account Abstraction and Chain Abstraction in DeFi with Connext


Listen to our latest 
DeFi by Design Podcast



 

NFL Season is available to trade on OvertimeSports market AMM built on Thales Market, a Synthetix ecosystem project. Earn your share of 90k $OP, 90k ARB, and 180k $THALES in incentives. Try it 👉🏽 HERE!


 

AcrossProtocol is a cross-chain bridge for L2s and rollups secured by UMA’s optimistic oracle that prides itself on its speed, security and low fees. Check it 👉🏽  HERE.


 



 

High Rollers:

A concept we’ve been hearing a ton about (and I’m sure you have too) is Account Abstraction.

Basically, instead of using metamask for your wallet you’ll have a smart contract wallet which can do tons of custom operations and can initiate / conduct TXs without the need for an EOA (aka MetaMask/signer).

We’re very bullish on AA.

Similarly, we’re excited about chain abstraction👀

Imagine interacting with a dApp and not knowing (or caring) which chain you were on. You just want the cheapest fees & best liquidity.

Connext is bringing this reality to the forefront of DeFi UX.

In todays convo with CTO Rahul, we dive into this concept and…

  • How Connext is shaping cross-chain governance and making it easier for DAOs to operate in several execution environments
  • Where this new xERC20 standard comes in and why they are so convicted in the positive effect of its adoption
  • Rahul’s overall opinion on the state of bridging and cross-chain DeFi

​Hope you guys enjoy this one!

Cheers,

Andy


🙌 Together with:

ConnextBuild Web3 applications that can securely interact with users, tokens, and other applications on any chain – just like on the web. Learn more here.


 

Jumper Exchange A truly multi-chain exchange. Aggregating the best in the business for bridging, swapping, and onrampingLearn more here.


 

Cartesi is an application-specific rollup protocol with a Linux runtime. Scaling Computation. Transcending EVM Limitations. Learn more here.


 

Disclaimer: Please be aware that investing in cryptocurrency and DeFi platforms involves risks like technical glitches and human errors. We may receive commissions for featuring certain projects, which will be clearly noted. Our content is educational only and not financial advice; we are not licensed advisors.


 

 

Avatar photo About the author: We help you explore DeFi onchain w/ foolproof education & relevant research to give you an edge. Focused on L2s. Scaling to mass adoption one block at a time🙏

0 comments… add one

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.