Steer Protocol provides a modular infrastructure that enables the creation of composable, data-driven omni-chain applications on any web3 protocol, utilizing protocol validated services for secure processing. This solution addresses the challenge of fragmented blockchain ecosystems by allowing developers to easily access diverse data sources and automate smart contracts across multiple chains.
Funding
$2.5M 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
Building decentralized applications (dApps) that leverage data and smart contracts across multiple blockchain ecosystems is complex due to fragmented data sources and the lack of secure, cross-chain processing capabilities. Developers face challenges in accessing diverse data and automating smart contracts across different chains, hindering the creation of composable, omni-chain applications.
Solution
Steer Protocol provides a modular infrastructure that enables the creation of composable, data-driven omni-chain applications on any Web3 protocol. The protocol offers effortless access to any data source and secure compute through Protocol Validated Services, allowing developers to build one-click applications on top of various Web3 protocols. By leveraging a token-incentivized committee of Steer-powered nodes, the protocol securely processes applications, driving a correlation between app adoption, token demand, and network robustness.
Target Audience
The primary target audience includes Web3 developers, DeFi protocols, institutions, and market makers seeking to build and deploy data-driven, cross-chain applications with ease and security.
Features
- Modular infrastructure for building composable one-click dApps on any Web3 protocol
- Protocol Validated Services enable secure processing of applications
- Access to any data source and secure compute capabilities
- Token-incentivized node network for secure application processing
- Support for cross-chain messaging, data, and transactions
- wApp Kit for creating decentralized applications that can be installed into EIP-6900 compatible Smart Wallets
- Ability to automate any on-chain tasks using off-chain data