When projects look to launch their tokens, they are often faced with an impossible choice: which blockchains should they expand on? Each choice comes with a huge cost. The CrossCurve Metalayer solves this pain point by giving projects access to Curve’s $2.7 billion TVL multichain liquidity pools without having to spend months and hundreds of thousands of dollars building custom bridges.
CrossCurve has become known as the primary liquidity bridge for Units’ native token, $UNIT0. This saves them the need to manage multiple bridges and liquidity pools.
Users can now easily swap $USDT, $USDC, $WBTC, $WETH and other assets between Unit Zero and 21 other networks with optimal slippage and the highest level of security. What makes this approach truly groundbreaking is the massive time, money and resources projects save by only having to fund and secure a single liquidity pool.
Projects can attract liquidity simply by using Curve’s pools and voting markets. They benefit from effective incentives and avoid unnecessary impermanent losses. By securing such affordable liquidity across multiple chains, projects can launch faster on more chains and integrate with dApps and protocols, significantly expanding their scope and capabilities.
As a first case study, Units demonstrates this perfectly: by incentivizing voting actions for their pool on CrossCurve, they have created a pool with a 1000%+ increased APR. Members of the CrossCurve DAO receive rewards via Units’ incentives, pool LPs enjoy high yields, and Units gets enough liquidity to cover cross-chain trading pairs – for the price of incentivizing a single pool. This is a true win-win-win for CrossCurve.
In the words of Alexander Ivanov, founder of Units:
“CrossCurve has provided excellent cross-chain bridging and interchain swaps for the UNIT0 token, and the integration of the Unit Zero network was a matter of days. The integration process was smooth and their support was perfect. CrossCurve offers an all-in-one solution — combining liquidity pools, cross-chain token transfers, and messaging protocol integrations.”
The success of Units inspired other projects to apply for a listing on CrossCurve.
One such project is Haust Network, which immediately understands the cost savings and market benefits of listing on one chain while gaining liquidity on many others.
By integrating other networks via the CrossCurve MetaLayer, Haust can share key assets of their blockchain , providing secure and reliable cross-chain connectivity. Additionally, Haust Network tokens will be included in CrossCurve routing, unlocking a wider range of liquidity for token trading across all supported chains and facilitating access to cross-chain swaps. Haust is currently in testnet phase, but upon mainnet launch all of these features will be fully available.
Cross-Chain Liquidity for Blockchains is a game-changer in DeFi, allowing projects to eliminate much of the time, cost, and resource requirements of establishing, raising, and transferring liquidity across multiple chains. What used to be cumbersome and expensive is now instant and cost-effective. It’s easy to imagine the possibilities for projects freed from siloed liquidity constraints, with the CrossCurve MetaLayer providing the infrastructure to make it all possible.
What is CrossCurve?
CrossCurve is a MetaLayer that enables projects to access multichain liquidity without the need for expensive and time-consuming bridges.
How does CrossCurve help projects?
It provides an efficient way to attract and manage liquidity through a single pool, significantly reducing time-to-market and costs.
Why is liquidity important in DeFi?
Liquidity is essential because it facilitates trading and ensures that token transactions are smooth and reliable.