Crypto Gloom

ENSO, Layerzero and Stargate partners promote one of the largest fluid migration of Ethereum with unichain.

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ENSO has partnered with Layerzero and Stargate so that the liquidity providers of Uniswap V2 and V3 can send positions to Uniswap V4 in Ethereum and EVM compatible networks.

ENSO, Layerzero and Stargate partners promote one of the largest fluid migration of Ethereum with unichain.

Built in Layer 1 Block Chain Tendermint, the cooperation with interoperable protocols and liquidity platform stargate has been announced, promoting the contents described as one of the largest asset migration in Ethereum’s history. This initiative allows the liquidity providers of the UNISWAP V2 and V3 to Ethereum and other Etherrium virtual machines (EVM) -compatible networks to reach UNISWAP V4, reaching up to $ 3.5 billion in fluidity.

Connor Howe, co -founder of ENSO, said, “By engineering the integrated solution with the help of Stargate and Layerzero, ENSO added missing sculptures to puzzles.” I want to cause one of the migration events. “

Previously, there was a barrier to liquidity provider (LPS) that was interested in adopting the UNISWAP V4, including an annoying process that required up to nine individual steps to transfer liquidity to Unichain. This complexity discouraged participation. ENSO now introduces a solution that compresses this multi -stage procedure with a single click so that the user can migrate, bridge and relocate assets with one smooth measure.

The simplified migration framework was developed through close adjustments between ENSO, Stargate and Layerzero. ENSO is responsible for executing and deploying decentralized financial (Defi) logic, and STARGATE manages liquidity crosschain bridging, and Layerzero allows the messaging between other blockchains to generate stable and safely. This cooperation allows you to transfer assets smoothly to Unichain.

ENSO’s system was intentionally built to eliminate friction related to connecting several blockchain protocols. This infrastructure allows you to run a complex process through a simplified “shortcut”, which helps developers who integrate tools and users running transactions. The LP migration utility provided by ENSO provides specific cases of modular characteristics of distributed financing, allowing you to move mass fluidity efficiently across Ethereum compatible chains and unichains.

ENSO: What is it?

ENSO provides a simplified execution engine and a simplified development process, which is designed to be a platform designed to accelerate OnChain development. ENSO maps the onchain interaction into the integrated execution layer instead of requiring developers to manually integrate individual smart contracts. This approach aims to reduce technical barriers and to focus more on product refining, relationships with community, and initiative expansion instead of exploring the complexity of blockchain infrastructure.

Recently, ENSO has launched a BNB chain to expand its availability. This is a move to further simplify the access of developers working in the ecosystem. Through this integration, developers often bypass complex tasks connected to multiple Defi protocols. Instead, ENSO provides a tool for placing prototypes and distributed applications more efficiently.

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About the author

Alisa, a dedicated reporter for MPOST, specializes in the vast areas of Cryptocurrency, Zero-ehnowedge Proofs, Investments and Web3. She provides a comprehensive coverage that captures a new trend and a keen eye on technology, providing and involving readers in a digital financial environment that constantly evolves.

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Alisa Davidson

Alisa, a dedicated reporter for MPOST, specializes in the vast areas of Cryptocurrency, Zero-ehnowedge Proofs, Investments and Web3. She provides a comprehensive coverage that captures a new trend and a keen eye on technology, providing and involving readers in a digital financial environment that constantly evolves.

More