Author: Nick Garcia, Messari Research Analyst; Translated by: 0xjs@Golden Finance

question:

The multi-chain ecosystem fragments liquidity and worsens the user experience.

Potential Solution — Intent-Based Infrastructure:

Intent-based protocols utilize solvers (market makers) to compete and execute user orders. Essentially, this separates the urgent part of fulfilling user orders from the complex part of verification. The benefits include better execution, unified liquidity, improved interoperability, and maximum extractable value (MEV) protection. Example protocols include CowSwap and Synapse.

Problems with intent-based networking:

What are the problems with intent-based networks today? Solver networks are siloed, thus centralizing and limiting the pool of solvers that can compete for user transactions, negating some of the advantages.

Proposed solution to the intent-based networking problem — ERC-7683:

ERC-7683 is a proposal jointly proposed by Uniswap and Across to establish a unified framework for intent-based systems to specify cross-chain operations. By implementing a standard, cross-chain intent systems can interoperate and share infrastructure such as order propagation services and Filler networks.

This will alleviate the problem of solver isolation and allow all protocols to access a unified solver network.

Who will benefit from ERC-7683:

Frontend (User Interface): Intent-based decentralized exchanges (DEXs) and bridges such as Uniswap, CowSwap, and 1inch.

Middle Layer (Solver): Solvers see an increase in order flow, and platforms like Khalani optimize solver performance.

Backend (settlement): Protocols like Across and Everclear benefit from increased settlement activity.

Furthermore, users will benefit from all the advantages mentioned above.