Enso, in collaboration with StarGate.io and LayerZero, launches a $3.5 billion Liquidity one-click migration to the Unichain project.

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May 1, 2024, Zurich, Switzerland - As the Web3 ecosystem continues to evolve, seamless cross-chain liquidity migration has become a critical demand. The one-click migration solution jointly developed by Enso, StarGate.io, and LayerZero is set to drive up to $3.5 billion in liquidity to Unichain, a move that will redefine the industry standards for cross-chain asset transfers.

As a leader in blockchain fast interactions, Enso is joining forces with top interoperability protocol LayerZero and the largest unified liquidity layer StarGate.io to plan the largest asset migration action in Ethereum's history. This plan will invite Uniswap v2/v3 liquidity providers (LPs) to easily migrate their positions on Ethereum and other EVM chains to Uniswap v4 on the Unichain network.

Traditional cross-chain migration involves a complex process of up to nine operational steps, and this friction cost makes it difficult for most LPs to enjoy the advantages of Uniswap v4. Enso's innovative solution compresses the process to a single click, achieving a one-stop operation for liquidity cross-chain bridging and redeployment.

This groundbreaking solution brings together the technical strengths of three parties: Enso is responsible for building the DeFi execution engine, StarGate.io provides native asset bridge support, and LayerZero ensures the secure transmission of cross-chain messages, collectively safeguarding the security and seamless experience of liquidity migration.

Connor Howe, co-founder of Enso, stated: "With the integrated solution built in collaboration with StarGate.io and LayerZero, we have completed the final piece of the puzzle for liquidity migration. Uniswap LPs are about to trigger the most spectacular liquidity migration in Ethereum's history with a single click."

Enso's infrastructure is designed to eliminate the friction of multi-protocol integration, transforming complex multi-step transactions into "blockchain shortcuts" that can be easily accessed by both developers and end users. The newly launched LP migration tool is a best practice for DeFi composability in the migration of billions of dollars in liquidity across chains.

About Enso

Enso provides the fastest on-chain building and publishing solution, with its blockchain shortcut command system and execution engine allowing developers to integrate smart contracts without manual effort. All on-chain interactions are mapped to a shared execution layer, enabling users to focus on product innovation and ecosystem growth, rather than underlying complexities.

About StarGate.io

As a fully composable native asset bridge protocol, StarGate.io supports instant deterministic transfers of cross-chain Liquidity. Built on LayerZero, this protocol has connected over 50 blockchains, providing a frictionless interoperability experience for the DeFi space.

About LayerZero

As a leader in cross-chain interoperability infrastructure, LayerZero achieves secure cross-chain transmission of data and digital assets. Its trustless full-chain interoperability protocol has been adopted by top institutions such as Paxos, PayPal USD, and Google Cloud, currently safeguarding 70% of the stablecoin market value and cross-chain messaging volume, cumulatively protecting over $100 billion in asset value. Its OFT standard significantly simplifies liquidity management, eliminates asset fragmentation, and supports seamless integration across more than 130 blockchains.

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GateUser-3f470467vip
· 05-07 15:55
Hold on tight, we're taking off to da moon 🛫
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