DeFi Cross-Chain: How Derivatives Create "Connected Types" Many Differences In The Multi-Chain Ecosystem?

波浪Blocklike view 13868 2021-12-27 11:02
share to
Scan QR code with WeChat

With the success of the DeFi ecosystem, many new channels have come to work hard. Given the current '100 chain rampage', a long cycle of several equal chains would be development. In these contexts, the demand for rigid and high frequency cross-chain applications continues to grow rapidly.

“Cross-chain” is one of the big buzzwords on the market recently. According to data from CoinGecko, the market capitalization of total crypto assets this year has exceeded $ 3 trillion, and according to other data, DeFi's market share has reached $ 200 billion. It is a large number. Following this booming industry is the integration of the crypto ecosystem through several public channels.

What could be better "Crosschain"? This is perhaps a question that all players in ecology should ask themselves. Analysis of this industry shows that new research has emerged in the range from process to support to Dapp application.

Now the Ethereum ecosystem is constantly improving and it has become the first simple chain in the DeFi market, and since then public exchanges such as BSC and Heco have also increased the size of DeFi funds. In addition, there are many public channels that focus on specific needs and innovations, and strive to improve performance, especially in application scenarios and scalability, and more secondary utilities with better results.

Additionally, for many industry platforms or applications, crosslinking has become an important direction for many applications as it can extend TVL growth and platform expansion of Ethereum and other competing chains.

DeFi derivatives market: the loss of Hla-Chain is Hla-Chain

Currently, DeFi has developed a wide range of applications for chains and potential ecosystems based on the concept of financial sharing. The solid financial position embodied in the ecosystem of these chains also contributes to cross-cutting regulation.

The recent 'cross-chain' expansion of DeFi derivatives is also very true and has become a promising cross-chain issue. The derivatives industry has always been one of the most representative industries for DeFi, and real estate, industry estimates, fixed contracts, options, insurance premiums, interest rates and other commodities are central to the concept of financial management, including in DeFi derivatives. important role.

Injection is an example of a cross-chain access agent based on commercial DeFi derivatives. Early Injective provides DeFi scaling solutions for Ethereum Layer 2 and emphasizes DeFi derivative tracking, and carried DeFi derivatives into the Injective chain with higher throughput and d Faster approval to find higher performance and uptime to expand.

In the PoS agreement as well as the Cosmos SDK, the agreement was reached by the immediate settlement, so the oil costs did not play a significant role in the production and completion of the block producers and have eliminated much of the oil price problems for some. . In addition, the Cosmos IBC design reduces line maintenance costs, reduces design and implementation complexity, and meets user needs with DeFi switches and construction.

This is an open DeFi derivatives contract, and Injection has gained popularity on the DeFi derivatives track since last year, following the idea of ​​improving financial management. This DeFi Derivatives Contract allows users to differentiate product and asset classes through managed management, which enables users to innovate and trade the derivatives industry. These tools can be based on traditional financial resources available with crypto assets. The objective was to achieve a very high level of integration in the field of DeFi.

There are many derivatives of agricultural assets, instruments and returns under this deal, and in the process of creating, experimenting and researching, some of these derivatives are very new to the imagination and the user logic. Compared to layer 2 derivatives trading which includes the third contract, Injections has several trades and needs long term improvements and care to support them.

In a parallel multi-chain ecosystem, DeFi derivatives also recognize the superiority and importance of cross-chain functions.

A recent injection was developed on the main network, and it should be noted that the contract governed the development and focused on the "competition" line. Based on the most important data, the guidance aims to improve the cross-consolidation process and establish cross-platform integration with Ethereum to support exchanges. and works for Ethereum users at the end of the cross chain. .

“Self-evolution” of derivative contracts

In the past, Injective has incorporated a series of cross-linking strategies with well-known public plans such as Ethereum and Polkadot. This is the new signal that can be seen in the Injective development from layer 2 to expansion, industrial derivatives, multiple and cross chains, expansion plans, broadband transition plan. TVL. Simultaneously with the rise of non-Ethereum public chains, DeFi derivatives represented by Injective are joining several chains, ready to move to longer chains for the future.

Do not better estimate the resistance to cracking of the derivatives plotted in its compound line. In 2018, the exchange traded continuously on the medium term exchange represented by BitMEX once became the industry leader and over time became the market leader. Liquid products in store. Likewise, on the DEX race, the market is eagerly awaiting to trade derivatives in the new ecosystem.

Injective development is very representative of the inter-chain evolution of derivatives.

Conceptually, Injection Cross-Chain Bridge creates a fair and discreet bridge, Peggy Bridge, a two-way cross-chain between Ethereum and Injective Chain. Unlike other bridge setups, this cable-stayed bridge only works by vaccination, and in theory Ethereum users can connect to any property without the cost of fuel or SRMs. The Peggy Bridge is also one of the combination systems that can accomplish the fastest removal.

With support for the cross-chain mechanism, developers can create new innovations and change plans. In conjunction with Ethereum EVM, Injective also gets Ethereum integration and integration. In fact, Injective promotes creativity and innovation among users and developers, and with the announcement of the theme, Injective announced a $ 120 million Astro Revival plan to attract marketers and manufacturers. , supporting new activities leading up to the immunization program.According to the announcement, from December 1, Injective Pro will launch in phase 3, users who participate in this phase can double the benefits.

Shot, on the other hand, install a local bridge to connect to the Layer1 network internally. In these models, DApps can not only integrate with IBC-enabled chains, but also extend blockchain networks through new bridges, extending the distance between assets on different chains.

According to the unreliable financial application for the construction of interconnection lines, the process of DeFi derivatives has become successful. It is also the process of realizing the inter-chain derivatives market, the market strategy of various chain link contracts is now part of the development of the integration of DeFi products, the expansion of financial markets and the 'acceleration of the evolution of the derivatives trading ecosystem.

An Ethereum-based ecosystem with multiple public interconnects has become a reality. In many chain ecosystems, the cross chain can be a longer line and the cross chain of DeFi derivatives can be more interesting. .

btcfans公众号

Scan QR code with WeChat

Link
Disclaimer:

Previous: What is NFT? "Monkey girls" can be seen on 30,000 file exchanges Next: The meta world also shows you how to make money with blockchain

Related