Testnet transaction volume approaches 300 million, can Entangle become the new dark horse of Decentralized Finance?

With the continuous development of blockchain technology, more and more innovative projects are emerging, and Entangle is one of them.

As a Cross-Chain Interaction Decentralized Finance protocol, Entangle has made technological breakthroughs and received investment from Linea, the Layer 2 solution of Ethereum. Recently, Linea invested in several innovative projects, including Entangle, although the specific amount was not disclosed, this move demonstrates Linea's recognition of Entangle.

Entangle officially launched its Mainnet on April 26, 2024, and started its infrastructure in Hong Kong. It is committed to building a highly liquid and yield-optimized blockchain network through the integration of innovative products and protocol-agnostic solutions. The platform has currently integrated 42 decentralized applications (DApps), connected to 16 blockchains, and executed 289 million transactions on the testnet.

测试网交易笔数接近3亿,Entangle能成为DeFi新黑马吗?

These data demonstrate Entangle's strength in technology and market, and lay the foundation for its future development. Next, we will delve into the specific technical features of Entangle and its advantages in the blockchain field.

Understand the four core modules of Entangle and learn about the underlying operation of this potential application

On March 13, 2024, Entangle officially launched, bringing a comprehensive customizable omnichain solution to the blockchain ecosystem, aiming to connect key on-chain tools. Entangle achieves this goal through four core modules:

1、Photon Messaging: This is a highly customizable Cross-Chain Interaction message delivery protocol suitable for both EVM and non-EVM networks. Photon Messaging makes the transfer of data and assets between different chains fast and efficient, greatly enhancing the convenience of Cross-Chain Interaction communication;

2. Universal Data Feeds: Entangle provides a low-latency, low-cost data infrastructure that supports real-time data delivery from both Web2 and Web3 data sources. Universal Data Feeds not only cover price data but also facilitate the transmission of general data, 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 general data source and Photon message delivery, providing reliable random support for on-chain applications requiring randomness, such as games, Non-fungible Tokens, guessing, and art generation.

4、Liquid Vaults: Liquid Vaults allows the flow of Web3 assets through Cross-Chain Interaction, improving capital efficiency while still earning yields on the underlying assets. This module enables users to manage and trade assets across different chains by generating composable DerivativesTokens.

Entangle is committed to abstracting the complexity of blockchain to achieve seamless interconnection of web2 and web3 data and assets. Its strategic partners include Arbitrum, Mantle, Linea, Polygon, Gate.io, Aave, Velodrome, Sushiswap, and more than 65 industry leaders, further consolidating its important position in the entire chain ecosystem.

测试网交易笔数接近3亿,Entangle能成为DeFi新黑马吗?

Fully solving the communication and management challenges of Cross-Chain Interaction and Liquidity, and gaining a high-quality circle of friends

Since the launch of Entangle, it has made significant progress in the field of Blockchain through its unique Cross-Chain Interaction, Liquidity Management, and Synthetic Derivatives solutions. The name Entangle is derived from Quantum Entanglement, symbolizing its vision of connectivity, association, and interoperability. The core goal of Entangle is to connect different Blockchain networks together and create a unified and interoperable Web3 ecosystem through Cross-Chain Interaction, Liquidity Management, and Synthetic Derivatives solutions.

Entangle's innovative solutions include Photon messaging, Universal Data Source, Liquid Vaults, and Synthetic Insurance Pool, which have excelled in addressing the fragmentation issue in the encryption market. For example, the Photon messaging protocol enables fast messaging between any EVM or non-EVM networks, the Universal Data Source provides a low-latency data infrastructure compatible with Web2 and Web3 data sources, while Liquid Vaults and Synthetic Vaults offer solutions for Cross-Chain Interaction Liquidity management and synthetic asset.

Entangle's Liquid Vaults and Synthetic Vaults allow users to manage and trade assets through Cross-Chain Interaction, greatly enhancing asset Liquidity and flexibility. Entangle DEX supports the exchange between USDC and LSD, and allows users to create, trade, and manage LSD, while enabling Cross-Chain Interaction exchange through Entangle Oracle. This design not only simplifies users' Cross-Chain Interaction operations, but also improves transaction efficiency and drops Transaction Cost.

Entangle has demonstrated its technical advantages in the fields of Decentralized Finance, gaming, and prediction market. Its e-VRF provides verifiable random number generation services for on-chain applications, ensuring the fairness and transparency of gaming and prediction markets. ZeroSum, a gaming infrastructure platform incubated by Entangle, provides transparent revenue channels for players and developers through on-chain betting and tournaments.

Sharding Capital invested in Entangle in July 2023 and achieved significant returns during the seed and private sale phases. Sharding Capital believes that Entangle's innovative solutions, strong ecosystem, and technical strength provide a solid foundation for its success in the market. Through its comprehensive Cross-Chain Interaction Liquidity solution and ecosystem expansion, Entangle is creating a more liquid and efficient Web3 ecosystem for users and developers.

Overall, Entangle not only solves the challenges of Cross-Chain Interaction communication and Liquidity management, but also brings more long-term innovation and opportunities to the entire blockchain field through its extensive ecosystem partnerships and technical application scenarios. The success of Entangle 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 promising application in the Entangle ecosystem, stands out. What is its future prospect?

Despite the Block chain projects raising hundreds of millions of dollars in venture capital, they still face challenges in user acquisition. Many infrastructure projects rely on large-scale financing and Token subsidies to attract protocols to join their ecosystem. However, this short-term strategy does not guarantee long-term user retention. Once the subsidies stop, users and protocols leave as well. Therefore, infrastructure projects need to rethink their market strategy, and follow more closely to continuously attract attention and sources of Liquidity. Entangle has achieved this goal through its innovative dApp - Borpa.

In the early days of Decentralized Finance, there was no standardized method for obtaining price data feeds, and dApps faced the risk of data manipulation. The emergence of Chainlink has changed this situation, especially with Synthetix integrating its price data feeds, making Chainlink the gold standard for reliable tools. Similarly, Solana has experienced a resurgence after the FTX incident, largely due to developer activity and the promotion of memecoins. This demonstrates that with the right builders and attention, ecosystems can survive the most unforeseen Black Swan Events. Borpa understands this and maximizes attention by attracting liquidity from both retail users and large investors. The green software role appeals to all users, regardless of the size of their portfolio. Financial games attract players who are knowledgeable in game theory, and the Cryptocurrency ecosystem relies on these smart players to gain wealth through the game.

测试网交易笔数接近3亿,Entangle能成为DeFi新黑马吗?

Building financial games across long chains requires a detailed understanding of past Liquidity mechanisms to develop the most effective strategies. We demonstrate the flexibility and practicality of the Entangle infrastructure through Borpa's financial game. On the surface, this may seem like a typical yield farm, but in reality, it is one of the most complex and research-intensive financial games in the evolution of Decentralized Finance. Borpa's hyper-deflationary Tokenomics, spanning across 01928374656574839201 blockchains, greatly enhances the flexibility of the Entangle infrastructure, showcasing its full-chain architecture.

Through Borpa, Entangle not only solves the problems of Cross-Chain Interaction 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.

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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