Today, we’re excited to announce our partnership with Agoric. In our ongoing mission to simplify the user experience while bringing tokens from all the ecosystems you know and love, Agoric stands as a critical partner that will add significant value to Elys Network.
Let’s talk about chain abstraction in a simple and easy-to-understand way.
Agoric recently launched its Orchestration API, with the goal of simplifying multi-chain application development and the interactions between these applications. Working with Agoric’s Orchestration API will enable us to introduce a realized chain abstracted solution.
How Does This Benefit Users?
One of the best examples is Noble, the blockchain that issues native USDC on Cosmos:
Agoric plays a key role here by making USDC transfers dramatically faster on the Noble Express application.
For users, this means simplified multi-chain operations with just a single transaction —reducing complicated processes or the need for multiple wallets. This is chain abstraction in action!
If you want to read more about Agoric Orchestration API :
Beyond Transfers: Enhancing Liquid Staking
Agoric’s Orchestration API doesn’t stop there. It also enables a wide range of other functionalities, such as liquid staking. Thanks to Agoric, it’s now much easier to use liquid staking protocols directly on another platform, automating all the steps that usually require you to visit multiple websites and use multiple wallets.
In other words, Agoric is an essential piece of the puzzle for simplifying multi-chain communication and improving the user experience.
What This Means for Elys Network
With Agoric, we will be able to facilitate complex workflows between different chains while reducing the involvement for users, seamlessly complementing the tools we already have in place to make multi-chain communication more efficient.
Thanks to Agoric, you’ll never need to leave Elys Network for your DeFi needs. Everything will be at your fingertips, all within one platform.
About Elys Network
Universal Liquidity Layer: multichain UniFi, one click away.
Fast, simple trading on any device.
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About Agoric
Agoric is an Orchestration platform with APIs to build multi-chain applications that can manage assets and expand access to liquidity with single-signature user experiences.