The startup has developed a liquidity protocol that enables seamless cross-chain transactions by utilizing a virtual liquidity pool (VLP) model to unify liquidity across multiple blockchain networks. This approach eliminates the need for asset migration, resulting in low slippage and fair pricing while allowing users and developers to efficiently track liquidity and transfer assets between chains.
Funding
$600K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The increasing number of blockchain networks leads to fragmented liquidity, making it difficult for users to seamlessly transfer assets between different chains. Existing cross-chain solutions often require asset wrapping or migration, resulting in slippage, increased transaction costs, and a complex user experience.
Solution
Euclid Protocol provides a liquidity layer that enables cross-chain transactions without the need to wrap or migrate assets. By utilizing a virtual liquidity pool (VLP) model, Euclid unifies liquidity across multiple blockchain networks, allowing users and developers to efficiently track and transfer assets between chains. The protocol's API is designed for easy integration into applications and smart contracts, enabling permissionless access to cross-chain functionality. Euclid aims to provide a modular and accessible solution for unified liquidity across the blockchain ecosystem.
Target Audience
The primary target audience includes DeFi developers, dApp creators, and users seeking seamless cross-chain asset transfers and unified liquidity across various blockchain networks.
Features
- Virtual Liquidity Pool (VLP) model for unifying liquidity across multiple blockchains
- Cross-chain swaps without asset wrapping or migration
- Permissionless API for easy integration into applications and smart contracts
- Support for both CosmWasm and Solidity smart contracts
- TypeScript SDK for rapid integration
- Decentralized architecture