EntangleFi: The Next Chainlink And LayerZero Competitor?

Exploring the technical designs of EntangleFi


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High Rollers:

Happy Monday! Markets are red but we keep building!

EntangleFi is at the forefront of innovation with its Omnichain liquidity layer, which is playing a pivotal role in keeping the positive flywheel of DeFi spinning for longer durations. This new โ€œcomposability layerโ€ is unlocking new assets as collateral, offering an interesting keeper network and more.

By transforming LP tokens into liquid staking derivatives (LSDs), users can utilize these assets as collateral to obtain loans in any crypto token or stablecoin, all while continuing to earn rewards on their LP tokens.

This not only unlocks liquidity but also empowers users to further engage with DeFi applications, creating a positive cycle of value creation.

Currently through its Webverse NFTs, EntangleFi is engaging the community in a gamified learning experience.

In today’s video, weโ€™ll unravel the layers of EntangleFi, from its photon messaging layer to the Liquid Vaults, and understand how these aspects are set to work in the upcoming mainnet launch.

Letโ€™s have a great week!

Cheers,

The Rollup

You can check EntangleFi website ๐Ÿ‘‰๐Ÿฝ Here

Check this pod on EntangleFi’s competitor LayerZero ๐Ÿ‘‰๐Ÿฝ Here


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โš ๏ธ DISCLAIMER:ย Investing in cryptocurrency and DeFi platforms comes with inherent risks including technical risk, human error, platform failure and more. At certain points throughout this post, we might get a commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.


 

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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 time๐Ÿ™

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