Elizabeth伊丽莎白
Elizabeth伊丽莎白|Feb 14, 2025 15:36
Will cross chain solutions be the next trend? Recently, I have been researching cross chain protocols, and to be honest, the cross chain race has become too intense. But among a bunch of clich é d bridge protocols, I discovered @ synth_io A well-established project with a financing of $10 million and a valuation of $100 million, backed by investment institutions including Kronos NGC、Morningstar, There are even big shots from Mysten Labs and GMX. After the airdrop ended, the price remained low, but the circulation was low, and the selling pressure was basically cleared. The mainnet is about to go live, and after the upgrade of V2+syCHAIN, the valuation logic may undergo significant changes. Currently, SYNTH has launched KuCoin Gate、MEXC、Uniswap。 How to overcome the long-standing problem of cross chain collaboration with SYNTHR What are the pain points of cross chain? Slippery points, fragmented liquidity, and low trading efficiency. Traditional cross chain bridges either require lock-in and casting, or rely on liquidity pools, resulting in either being targeted by hackers or having frighteningly high costs. But SYNTHR has taken a new path by directly creating a zero slip point full chain liquidity layer, essentially allowing assets to flow freely across different chains without the need for TVL, bridging, or insufficient liquidity. What's even more impressive is its Omnichain syaSSETS, which allows you to mint assets across chains, completely breaking the limitations of single chains. What does this mean? You can use the same funds on different chains without having to switch around. There will be no slippage in trading, and both entering and exiting the market will be smoother. Assets can participate more freely in DeFi instead of being locked in a certain ecosystem. SYNTHR makes the cross chain experience as smooth as a single chain. V2 + syCHAIN: The key leap in cross chain evolution SYNTHR is still based on Arbitrarum, but they are preparing to upgrade to syCHAIN, an EVM compatible with Layer 1 blockchain specifically designed for cross chain optimization. It sounds like an omnichain narrative like LayerZero, but the key point is its debt proof mechanism, which provides a safeguard for cross chain security. How much change has syCHAIN brought? Transactions are faster and more secure, specifically tailored for cross chain liquidity. Contract refactoring provides more flexible functionality, not just for trading, but also for playing DeFi. In the future, there may be support for RWA and more asset classes, which is the long-term narrative. This step is very important, indicating that SYNTHR is not doing short-term cross chain arbitrage, but truly building its own cross chain ecosystem. If this ecosystem can run, the imagination space is really huge.
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