We’re excited to announce that Elys Network, a leading Layer 1 blockchain and DeFi platform, will integrate Agoric’s Orchestration API to enhance their multi-chain capabilities. Elys Network has built the industry’s premier interface mirroring CEX, making it perfect for both new and seasoned users. This collaboration with Agoric enables Elys Network users to interact seamlessly across multiple chains and platforms in a single transaction, delivering a streamlined DeFi experience.
Orchestration For Enhanced User Experiences
By integrating the Agoric Orchestration API, Elys Network will be able to offer richer DeFi opportunities for users without additional complexity, including:
Improved cross-chain liquidity management: With the combined infrastructure of Elys and Agoric, users will enjoy a smoother, more efficient experience when moving assets between multiple chains.
Enhanced staking opportunities: Elys user assets will benefit from additional staking & liquid staking opportunities coming from other chains with Agoric Orchestration.
Why Elys Network Stands Out
The Elys Network platform, currently on testnet, unites tokens from multiple ecosystems, giving users fast and easy access to a wide range of DeFi products, including the following features:
Ability to swap tokens across any blockchain quickly, at low cost
Advanced features like LP and derivatives products
On top of that, users will be able to leverage native tokens such as Bitcoin, Solana, EVM to earn yield and diversify their DeFi strategies. Elys Network, through its self-custody universal liquidity design, transforms the fragmented Web3 landscape into a cohesive and efficient ecosystem.
Building the Future Together
Strategic partnerships like this one are critical to realizing the vision of chain abstraction. By combining the Agoric Orchestration API with Elys Network’s innovative DeFi platform, together we're unlocking new web3 opportunities for both developers and users.
Elys Network’s integration of the Agoric Orchestration API is planned following the launch of their mainnet. Stay tuned for more updates as we continue building and rolling out new functionalities that will redefine what’s possible in the world of multi-chain DeFi.
About Elys Network: Universal Liquidity Layer: multi-chain UniFi, one click away. Fast, simple trading on any device.
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About Agoric: Agoric is an Orchestration platform with APIs to build multi-chain applications that can manage assets and expand access to liquidity with simple user experiences.
