With the continuous development of blockchain technology, more and more innovative projects have emerged, and Entangle is one of them.
As a cross-chain DeFi protocol, Entangle has made technological breakthroughs and received investment from Ethereum Layer 2 solution Linea. Linea has recently invested in a number of innovative projects including Entangle. Although the specific amount has not been disclosed, this move shows Linea's recognition of Entangle.
Entangle officially launched its mainnet on April 26, 2024, and launched its infrastructure in Hong Kong. It is committed to building a full-chain network with strong liquidity and optimized returns by integrating innovative products and protocol-independent solutions. The platform has currently integrated 42 decentralized applications (DApps), connected 16 blockchains, and executed 289 million transactions on the testnet.
These data demonstrate Entangle's strength in technology and the market, and lay the foundation for its future development. Next, we will delve into Entangle's specific technical features and its advantages in the blockchain field.
Understand the four core modules of Entangle and know the underlying operation of this potential application
On March 13, 2024, Entangle was officially launched, bringing a set of fully customizable omnichain solutions to the blockchain ecosystem, designed to connect key tools on the chain. Entangle achieves this goal through four core modules:
1. Photon Messaging: This is a highly customizable cross-chain messaging protocol suitable for EVM and non-EVM networks. Photon Messaging makes data and asset transfer between different chains fast and efficient, greatly improving the convenience of cross-chain communication;
2. Universal Data Feeds: Entangle provides low-latency, low-cost data infrastructure that can support real-time data delivery from Web2 and Web3 data sources. Universal Data Feeds not only covers price data, but can also deliver universal data, thereby providing efficient data support for on-chain smart contracts;
3. Entangle Random Function (e-VRF): Provides highly secure, verifiable and unpredictable random number generation services. e-VRF seamlessly integrates with Entangle's universal data source and photon messaging, providing reliable randomness support for on-chain applications that require randomness (such as games, NFTs, guessing, generative art, etc.);
4. Liquid Vaults: Liquid Vaults allow Web3 assets to flow across chains, improve capital efficiency, and still earn returns on underlying assets. This module enables users to manage and trade assets between different chains by generating composable derivative tokens.
Entangle is committed to abstracting the complexity of blockchain and achieving seamless interconnection of Web2 and Web3 data and assets. Its strategic partners include more than 65 industry leaders such as Arbitrum, Mantle, Linea, Polygon, Stargate, Aave, Velodrome, SushiSwap, etc., further consolidating its important position in the full chain ecosystem.
Fully solve the problems of cross-chain communication and liquidity management, and gain a high-quality circle of friends
Since Entangle was launched, it has made significant progress in the blockchain field through its unique cross-chain liquidity management and synthetic derivatives solutions. The name Entangle is derived from Quantum Entanglement, which symbolizes its vision of building connections, correlations and interoperability. Entangle's core goal is to connect different blockchain networks together through cross-chain liquidity and synthetic derivatives solutions to create a unified and interoperable Web3 ecosystem.
Entangle's innovative solutions include Photon messaging, universal data sources, Liquid Vaults, and synthetic vaults, which are outstanding in solving the problem of fragmentation in the crypto market. For example, the Photon messaging protocol enables fast messaging between any EVM or non-EVM network, the universal data source provides a low-latency data infrastructure compatible with Web2 and Web3 data sources, and Liquid Vaults and Synthetic Vaults provide solutions for cross-chain liquidity management and synthetic assets.
Entangle's Liquid Vaults and Synthetic Vaults allow users to manage and trade assets across chains, greatly improving the liquidity and flexibility of assets. Entangle DEX supports the exchange between USDC and LSD, and allows users to create, trade and manage LSD, while achieving cross-chain exchange through Entangle Oracle. This design not only simplifies users' cross-chain operations, but also improves transaction efficiency and reduces transaction costs.
Entangle has also demonstrated its technological advantages in areas such as DeFi, games, and prediction markets. Its e-VRF provides verifiable random number generation services for on-chain applications, ensuring fairness and transparency in games and prediction markets. ZeroSum, a gaming infrastructure platform incubated by Entangle, provides players and developers with a transparent income path through full-chain betting and tournaments.
Sharding Capital invested in Entangle in July 2023 and achieved significant returns during the seed and private placement stages. Sharding Capital believes that Entangle’s innovative solutions, strong ecosystem and technical strength provide a solid foundation for its success in the market. Entangle is creating a more fluid and efficient Web3 ecosystem for users and developers through its comprehensive cross-chain liquidity solutions and ecosystem expansion.
In general, Entangle not only solves the problem of cross-chain communication and liquidity management, but also brings more innovation and opportunities to the entire blockchain field through its extensive ecosystem partners and technology application scenarios. Entangle's success lies not only in its technical capabilities, but also in its deep understanding and practical application of the future development of the blockchain ecosystem.
Borpa, the most attractive application in the Entangle ecosystem, stands out. What is its future prospect?
Despite raising hundreds of millions of dollars in venture capital, blockchain projects still face challenges in user acquisition. Most infrastructure projects rely on large-scale financing and token grants to attract protocols to join their ecosystem. However, this short-term strategy does not ensure long-term user retention. Once the grants stop, users and protocols leave. Therefore, infrastructure projects need to rethink their market strategies and focus more on sources of continuous attention and liquidity. Entangle has achieved this goal through its innovative dApp, Borpa.
In the early days of DeFi, there was no standardized way to get price data feeds, and dApps were at risk of data manipulation. The emergence of Chainlink changed this situation, especially after Synthetix integrated its price data feed, Chainlink quickly became the gold standard for reliable tools. Similarly, Solana's resurgence after the FTX incident was mainly driven by developer activity and memecoin. This shows that with the right builders and attention, the ecosystem can survive the most unforeseen black swan events. Borpa understands this and maximizes attention by attracting liquidity from retail users and large investors. The green software character attracts all users, regardless of the size of their portfolio. Financial games attract players who are proficient in game theory, and the cryptocurrency ecosystem relies on these smart players to gain wealth in the game.
Building financial games across multiple chains requires a detailed understanding of past liquidity mechanisms to develop the most effective strategies. We use Borpa’s financial game to demonstrate the flexibility and utility of the Entangle infrastructure. On the surface, this may seem like just a typical yield farm, but in reality, it is one of the most complex and well-researched financial games in the evolution of DeFi. Borpa’s hyper-deflationary token economics, spanning multiple blockchains, greatly improves the Entangle infrastructure and demonstrates the flexibility of its full-chain architecture.
Through Borpa, Entangle not only solves the problem of cross-chain communication and liquidity management, but also brings new opportunities and development prospects to the blockchain field through its extensive ecosystem partners and technical application scenarios. By continuously attracting attention and liquidity, Entangle is creating a more fluid and efficient future for the Web3 ecosystem, leading the next wave of innovation in the blockchain field.