Enso, Stargate, and LayerZero Join Forces, $3.5 Billion in Liquidity to Migrate to Unichain
Enso's innovative solution streamlines processes to a one-click completion, enabling LPs to effortlessly achieve single-step liquidity migration, cross-chain bridging, and redeployment.
As the Web3 ecosystem continues to evolve, seamless access to new networks becomes increasingly critical. With the support of a one-click migration solution developed jointly by Enso, Stargate, and LayerZero, up to $35 billion in liquidity is set to migrate to the Unichain network, setting a new benchmark for cross-chain liquidity transfer.
As a leader in the field of blockchain lightweight operations, Enso is collaborating with top-tier interoperability protocol LayerZero and the largest unified liquidity layer Stargate to orchestrate one of the largest asset migrations in Ethereum's history. This initiative will invite LPs from Uniswap v2 and v3 to migrate their positions from Ethereum and other EVM chains to Uniswap v4 on the Unichain network.
Previously, transferring liquidity to Unichain required a cumbersome process of up to nine steps, dissuading most LPs from migrating to enjoy the advantages of Uniswap v4. Enso's innovative solution streamlines the process to be completed in one click, enabling LPs to achieve liquidity migration, cross-chain bridging, and redeployment in a single step.
This seamless LP migration solution is the result of a three-way collaboration: Enso handles DeFi execution and deployment, Stargate provides cross-chain bridging support, and LayerZero takes on inter-chain messaging to ensure liquidity securely and seamlessly transfers to Unichain.
Enso Co-founder Connor Howe stated, "With the unified solution we've built with Stargate and LayerZero, we've put in place the final piece of the puzzle. With the ability to migrate positions in one click, Uniswap's LPs are about to trigger the most spectacular liquidity migration event in Ethereum's history."
Enso's infrastructure aims to eliminate the complexity of multi-protocol integrations, transforming intricate multi-step transactions into "quick commands," benefiting both third-party developers and end-users. Its EVM chain and Unichain LP migration tool is a prime example of DeFi composability, seamlessly transferring billions of dollars in on-chain liquidity.
About Enso
Enso is the express lane for building on-chain applications, providing developers with blockchain quick operations and an execution engine to eliminate the manual integration of smart contracts. All on-chain interactions are mapped to a shared execution layer, allowing users to focus on product, community, and growth rather than blockchain technology complexity.
About Stargate
As the largest composable native asset bridge, Stargate achieves instant finality cross-chain liquidity transfer based on LayerZero. Connecting a liquidity network of 50+ blockchains, it offers frictionless interoperability in the DeFi space, enabling value to flow freely.
About LayerZero
LayerZero is a premier infrastructure provider in the cross-chain interoperability space, ensuring secure cross-chain transmission of data and digital assets. Its trustless full-chain interoperability protocol is adopted by institutions such as Paxos, PayPal USD, Google Cloud, handling 70% of stablecoins and cross-chain information volume, safeguarding over a hundred billion dollars in tokenized assets to date. The OFT standard simplifies liquidity management, eliminates fragmentation issues, and seamlessly integrates with 130+ blockchains.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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