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British Virgin Islands, British Virgin Islands, October 30th, 2024, Chainwire

The rapid expansion of DeFi is being met with an increasingly fragmented liquidity landscape. While numerous Layer-2 networks have emerged to address Ethereum’s scalability, ecosystems such as Solana, Ton, Tron, and Binance Smart Chain are similarly experiencing a proliferation of Layer-2 solutions. This dispersion of liquidity across multiple blockchains has led to issues like increased slippage and missed trading opportunities.

Cross-chain bridges offer some solutions to these challenges, but users often encounter delays and complex interfaces, which hinder a seamless experience. To support a more interconnected Web3 ecosystem, an effective mechanism for consolidating liquidity across blockchains is needed.

Owlto Finance’s Whitepaper: An Omnichain Liquidity Solution

To tackle this challenge, cross-chain interoperability protocol Owlto Finance unveiled its white paper, introducing Omni-Chain Liquidity Intent Decentralized Trading. It aims to integrate omnichain liquidity to simplify cross-chain operations and bolster trading efficiency and security by utilizing intent-driven technology, AI, smart contracts, zero-knowledge proofs, etc.

Krystal, the co-founder, stated: "As a leading cross-chain pioneer, Owlto became the No.1 bridge within a year. The release of this whitepaper is a significant step forward for Owlto using advanced AI tech to revolutionize liquidity challenges in crypto. We're bridging the cross-chain liquidity gaps to connect the world."

Integrating Omnichain Liquidity Through Bridge + Swap Services

Owlto Finance tackles this by unifying omnichain liquidity with its “Bridge + Swap” services, facilitating liquidity flow between 50+ networks across ecosystems such as Ethereum, Bitcoin, and Solana. Currently, Owlto has processed approximately 8 million transactions with a peak market share of 33% in the cross-chain field according to DefiLlama, boasting a total user base exceeding 2 million across 200 countries and regions.

Enhanced Security and Privacy with Zero-Knowledge Proofs and Node Operations

In Web3, decentralization and security are key, but issues persist in cross-chain security and privacy. DefiLlama data shows over $2.8 billion stolen from cross-chain bridges, comprising 40% of total Web3 losses, while on-chain transparency can expose user intents, risking privacy. Owlto Finance addresses this with zero-knowledge proofs and node operations for asset safety and privacy protection.

ZK-proofs ensure that the verifiers can confirm that user intent has been executed correctly without knowing the specific transaction information, preserving privacy, safeguarding against MEV attacks.

Node operations effectively mitigate single-point failures and enhance the security of asset flow between different blockchains. The mechanism relies on decentralized consensus and a staking mechanism. Diverse node incentive mechanisms and strict node penalty mechanisms are used to deter malicious behavior and promote trustworthy and efficient node operations.

Furthermore, Owlto enhances the efficiency, security, and user experience of cross-chain trading, with specific measures including simplified cross-chain communication, double signing, trading confirmation optimisation, and scalability improvement with modular architecture.

Utilize AI for Intent-Driven Omnichain Liquidity Trading

Owlto's innovative intent-driven trading model simplifies transactions by autonomously selecting the most efficient paths for users without requiring specific route instructions.

The protocol evaluates diverse liquidity providers across blockchains, like DEXs and market makers, using intelligent routing and AI algorithms to optimize cross-chain liquidity paths based on user intent. By splitting trades into smaller amounts for better liquidity access, users benefit from cost-effective and timely transactions.

AI technology is crucial in this process by analyzing historical and real-time data to predict liquidity shifts and adjust pool configurations. Through AI-optimized trading paths, Owlto ensures users access top-quality liquidity, with minimal costs and time. Additionally, the AI provides insights on market dynamics and liquidity conditions for users and developers.

About Owlto Finance

Owlto Finance is an intent-centric interoperability protocol, “Bridge the World with AI Agent”. Owlto provides cross-chain bridging services across 50+ various blockchains within the BTC, ETH, and SOL ecosystems.

With 2 million users in over 200 countries and regions, Owlto is known for being safe, fast, low-priced, and easy-to-use. It ranks in the top three on DefiLlama based on the 24-hour number of transactions, reaching a peak market share of 33%. Besides, Owlto has completed two rounds of funding, totaling nearly tens of millions of US dollars, with a valuation of $150 million. Investment institutions include Matrixport, Bixin Ventures, CEIC, Presto Labs, Skyland, Hailstone, GSR, and others.

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