Everclear is a modular interoperability protocol that facilitates fast, trustless communication and transactions across multiple blockchains, enabling developers to stake or restake tokens in a single transaction. By providing a secure and efficient framework for crosschain applications, Everclear addresses the challenges of fragmented blockchain ecosystems and high transaction costs.
Funding
Funding not disclosed
Founders
Product
Problem
Cross-chain communication is often slow, insecure, and requires users to manage multiple tokens across different blockchain networks. Existing solutions lack a unified approach for staking and restaking assets across various chains, leading to fragmented liquidity and complex user experiences.
Solution
Everclear (formerly Connext) provides a modular interoperability protocol that facilitates fast and secure communication and transactions across multiple blockchains. The protocol enables developers to build cross-chain applications that can be used from any chain with any token. Everclear allows users to stake or restake tokens across supported chains in a single transaction, addressing the challenges of fragmented blockchain ecosystems and high transaction costs. By inheriting security from canonical bridges, Everclear secures data and transactions across chains, offering a developer-friendly platform with simple integration and strong support.
Target Audience
The primary target audience includes Web3 developers building cross-chain applications, DeFi projects seeking to expand their reach across multiple chains, and users looking for simplified cross-chain staking and restaking solutions.
Features
- Cross-chain token staking and restaking in a single transaction
- Deployment of cross-chain native tokens with zero slippage using xERC20
- Chain abstraction for building cross-chain applications usable from any chain
- Support for multiple chains including Ethereum, BSC, Arbitrum, Polygon, and others
- Fast cross-chain transactions with low fees (aiming for <20bps fees and <60 sec latency)
- Secure data and transaction handling by inheriting security from canonical bridges
- TypeScript SDK