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1) The EYWA Cross-chain Data Protocol will be an open, decentralized cross-chain data transfer protocol capable of working between heterogeneous blockchains. EYWA intends to make this tool available and accessible to all DeFi developers. The solution will allow project teams to focus on developing the business logic of their dApps without being distracted by interoperability issues. The EYWA protocol will allow projects to link any two smart contracts located in different blockchains, thus implementing remote calls between them.
2) EYWA's Cross-chain Liquidity Protocol (CLP) is a decentralized cross-chain exchange distributed across various blockchains. It allows end users to work with native and synthetic assets without using intermediate entities (unlike ThorChain), perform exchanges, as well as add or remove assets to or from liquidity pools. This makes it possible to simplify the experience of end users by automating transactions with the issuance and burning of synthetic tokens during cross-chain operations.
2) EYWA's Cross-chain Liquidity Protocol (CLP) is a decentralized cross-chain exchange distributed across various blockchains. It allows end users to work with native and synthetic assets without using intermediate entities (unlike ThorChain), perform exchanges, as well as add or remove assets to or from liquidity pools. This makes it possible to simplify the experience of end users by automating transactions with the issuance and burning of synthetic tokens during cross-chain operations.
The EYWA Cross-chain Data Protocol
2 Apr, 5 min for read
3) EYWA's Cross-chain Bridge is built on the basis of the EYWA Cross-chain Data Protocol, which is necessary for the transfer of tokens between blockchains. It locks assets on the source blockchain and issues pegged “e” tokens on the target blockchain, similar to how the REN network does, but the liquidity is stored in smart contracts. It is important to note that the liquidity in the bridge is not controlled by the holders of the EYWA Relayer Network nodes, unlike in REN.
4) EYWA intends to make DeFi a tool that will improve the financial situations of many people around the world, reduce the number of unbanked and usher in the broader application of digital currencies as instruments for elevating national GDPs. EYWA strives to make decentralized finance easy, convenient and understandable even for beginners.
4) EYWA intends to make DeFi a tool that will improve the financial situations of many people around the world, reduce the number of unbanked and usher in the broader application of digital currencies as instruments for elevating national GDPs. EYWA strives to make decentralized finance easy, convenient and understandable even for beginners.
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