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Chain abstraction is being instantiated from narrative into truly usable products.

CN
NingNing (🌿,👻)
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1 year ago
AI summarizes in 5 seconds.

Chain abstraction is transitioning from narrative to truly usable products, marking a phenomenal paradigm shift in the Web3 stack this cycle, comparable to L2.

For developers, the greatest benefit of chain abstraction is the alleviation of burdens for these tech enthusiasts, allowing them to no longer worry about operational and business activities like finding TVL and liquidity.

As the first Solver clearing layer protocol in the chain abstraction track, Everclear has built a clearing trading market for cross-chain bridges, Solvers, L2s, market makers, and institutions by introducing a cross-chain TX clearing market and the Ve(3,3) mechanism, essentially creating the Uber of on-chain liquidity.

With Everclear, developers can build an AppChain based on the OP Stack or other Rollup solutions in just three steps:

1⃣ Launch a new L2

2⃣ Purchase Everclear's native token $CLEAR

3⃣ Stake to generate voting rights vbCLEAR, then vote to incentivize Solvers to clear their own L2's cross-chain TX

In this way, without needing to consider TVL and liquidity pools, a smooth user experience for fund bridging can be achieved on the first day of the AppChain's launch, with transaction fees as low as 0.02% and settlements completed within an average of 30 minutes.

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