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 “composability layer” 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, we’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.
Let’s have a great week!
Cheers,
The Rollup
You can check EntangleFi website 👉🏽 Here
Check this pod on EntangleFi’s competitor LayerZero 👉🏽 Here
🙌 Together with:
Connext – Build 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 onramping. Learn 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.
