InLeo's Cross-Chain Gateway: The Power of Modularity in DeFi


image by Ai.

This one narrative is being faded by most people while many crypto projects are working on it everyday now and it's being implemented on hive as well.


The narrative is Cross-Chain modular solution in DeFi ecosystem. Most people find it difficult using DeFi because there are many chains, they cost fee's, it cost time to move from one to another and all that can be solved by cross-chain modular solution.

So far I've only seen InLeo working on building a dex that allows to make swaps cross-chain and Incase you've o idea what this narrative could do and the potential it have in this bull run.. let's dive deep ahead in this post to find out.


The Modular Narrative: Future of Blockchain is Cross-Chain

There are so many Blockchains and crypto protocols and liquidity is being spread across all depending on the users, investors in that protocols.

This modular narrative started by Celestia (TIA) a coin working on modularity knowing that the future of Blockchain will be cross-chain not limited to one chain.

Let me explain this in simple words.. we are on hive Blockchain and there's another layer 2 Blockchain let's say Arbitrum and Base or ETH.

On hive there's frontend like InLeo, PeakD, Ecency and others but these frontends are only limited to Hive Blockchain.. Arbitrum Blockchain can't interact with InLeo directly unless there's modularity.


Image by Yannick McCabe-Costa from Pixabay

The modular solution is basically a technology or platform that enables interoperability and communication between different blockchain networks.

So, being able to directly login into InLeo or any hive Blockchain Dapp will come under modular narrative.

A Blockchain that is also a black hole

The problem with DeFi is there are countless of projects with good utility being neglected and can't be seen which is because of people are only involved with top Blockchains.

What are those top Chains?

  • Ethereum
  • Binance Smart Chain
  • Solana

And we have ETH maxi, BSC maxi, SOL maxi who believe the chain they're using is superior and better than the other.

This whole concept of modularity is enough to end this thing.. ETH maxi using a Dapp on SOL paying the same fee's he like to pay and trying a new product without moving to another wallet, another chain means it saves all the time and it's more easy as well.


InLeo: Going Cross Chain with InLeo Dex?

InLeo Dex will be live soon which will allow to swap hive/HBD to other assets like BTC and other hive transactions on maya.

Maya protocol will grant InLeo access to thorchain and that's going to be an Aggregator which is still being developed.

We have sneak peeks of how InLeo Dex UI is:


The thing is it will make easy to buy hive assets for others using that dex.. Maya users will be able to swap assets and that's gonna generate revenue.

Leo is going on Arbitrum as of now which is one of cheaper and biggest L2 in ETH.

Imo this could become a next big thing in the ecosystem if InLeo stay focused on modular solution and completely open the doors to Cross-chain interactions and communication on hive, it will be massive.

I'd like to know what you think about it for now I want to end this by one last thing: let the Dev's cook. It'll be worth it.

fin.

Your support is much appreciated. Don't Forget to hit Upvote, Comment and Re-blog.

Thanks for reading.
Greetings.


All the content and images are mine except indicated. No copyright infringement intended. 29/03/2024.

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