The Future of DeFi with Elys Network: A Seamless, Unified Trading Experience

In our ongoing mission to revolutionize the DeFi landscape, we are excited to announce a strategic partnership with Particle Network. This collaboration aligns perfectly with our vision of providing an unparalleled, seamless DeFi experience for everyone, everywhere.

What This Partnership Entails:

• Cross-Ecosystem Accessibility: By leveraging Particle Network’s Account / Chain Abstraction stack, Elys Network opens the door to users across various ecosystems (EVM, Solana, Bitcoin, Cosmos). This integration allows for an effortless and frictionless trading experience, significantly expanding our user base by tapping into these diverse ecosystems.

• Seamless Trading: Elys Network is committed to delivering a completely unified trading experience across different chains. Users can enjoy smooth, hassle-free transactions, bridging the gaps that traditionally exist between various blockchain ecosystems.

• Unified Liquidity: With Elys Network, liquidity is accessible across all blockchains, positioning us as the go-to DEX for both novice and seasoned traders. Our platform ensures a robust experience and multiple integrated DeFi solutions, enhancing the overall user experience.

Embracing our industry’s Paradigm Shifts

The concepts of account abstraction and chain abstraction represent significant paradigm shifts in the blockchain industry. By partnering with Particle Network, Elys Network is now at the forefront of chain abstraction innovations. Our commitment to these advancements reflects our dedication to providing the best possible experience for all users.

Cross-Ecosystem Interoperability and Chain Abstraction

Interoperability and chain abstraction are central to the evolution of Web3. Our industry is currently fragmented, with liquidity spread across numerous Layer 1 and emerging Layer 2 solutions. Moreover, it is often costly to make the transfer between chains.

To optimize scalability, the current strategies involve:

• Vertical and Bi-Directional Scalability: Leveraging Ethereum and its Layer 2 solutions.

• Horizontal Scalability: Utilizing Cosmos and its interconnected Layer 1 chains.

However, these solutions introduce significant friction for end users, who must navigate complex processes and use multiple wallets to move assets across chains. For example, converting native Bitcoin to native Solana can be an arduous and time-consuming task.

To truly integrate new participants into our ecosystem, it is essential to minimize these access barriers. This is where Particle’s Universal Account effectively addresses account fragmentation and liquidity, allowing users to initiate any transaction, even cross-chain ones, with a unified account and balance while using any token to pay for gas fees.

Elys Network’s Strategic Positioning : A Seamless, Unified Trading Experience

Our goal has always been to provide both new and experienced users with a comprehensive suite of DeFi tools through a user-friendly interface that mirrors centralized exchanges. Built with the Cosmos SDK, Elys Network easily connects to various ecosystems (Bitcoin, Solana, EVM, Cosmos), leveraging the Inter-Blockchain Communication (IBC) protocol. And all this with extremely low fees, since IBC does not charge any fees, unlike most bridges.

This approach unlocks new possibilities, allowing Elys Network to become a competitive DEX specialized in cross-chain trading.

Imagine a world where, with a single transaction using a universal wallet, users can seamlessly trade native Bitcoin for native Solana without any friction?

Or even users who want to trade Native USDC on Solana for ETH on Ethereum.

That's the world we're aiming for, and thanks to our collaborations, it's the world that's opening up to us.

Conclusion

Elys Network is uniquely positioned to provide an unparalleled DeFi experience by integrating advanced interoperability solutions.

Thanks to Particle Network we can provide unified liquidity solution that ensures users, regardless of their ecosystem or wallet, can access the world of DeFi seamlessly and efficiently.

Our commitment to innovation and user satisfaction drives us to continuously improve and expand our capabilities, making DeFi accessible and effortless for everyone.

Our end goal: Provide a Universal & Seamless DeFi Experience for Everyone, Everywhere.

Stay tuned as we continue to push the boundaries of what’s possible in the world of decentralized finance.