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GetBlock Highlights #1: Multi-Chain Innovators in Focus 

Company

GETBLOCK

September 6, 2024

6 分鐘閱讀

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In our brand-new series of longreads, we’re going to introduce the most promising decentralized projects from various segments of Web3. At GetBlock, we have the privilege to speak to founders of crypto trailblazers and discuss their accomplishments, further plans, and blockchain disruption as a whole.

Our inaugural episode is about multi-chain applications at the forefront of the digital economy. Our BD team sat down with the representatives of the stablecoin tool Davos Protocol, new-gen ZK-centric co-processor Marlin Foundation, and DZap, a one-stop liquidity machine.

Check out the quick recaps of the most impressive parts of our interviews with the new generation of crypto innovators.

Davos Protocol: Addressing DeFi stablecoin bottlenecks

Website: https://davos.xyz/
Product: Decentralized stablecoin protocol

Davos_decentralized_stablecoin_protocol_website

Source: Davos Protocol

GetBlock: Hi there! Thank you for coming. To start with, how would you explain the differences between your protocol and MakerDAO in layman's terms?

Davos Protocol: Hey guys. Yes, you got it right: we started as a fork of MakerDAO open source code. We did want to power it up and give it more utility. That's why Davos opted for a multi-chain presence. Our DUSD token is now present on 11 EVM chains. DUSD is a USD-pegged stablecoin: users can collateralize their assets, mint DUSD, and use it as LP rewards. Also, we created DUSD, a reward-bearing stablecoin.

Thanks to the hierarchy of bridges, we removed the need for our customers to lock and unlock liquidity on various chains: as the mechanism is simple, it offers negligible fees and faster operations.

GB: In short, please, explain the mechanisms that ensure stable 1:1 peg of DUSD stablecoin.

DP: Peg is maintained through dynamically adjustable borrowing rate + collateralizing of lending protocol’s stablecoins (ionUSDC) which unlocks arbitrage opportunities and DUSD is always kept 1:1 pegged to the U.S. Dollar.

GB: While everyone knows USDT, USDC, and so on, how do you plan to accelerate massive adoption of DUSD?

DP: The first thing we need to do to accelerate the adoption of the DUSD is integrating it with modified pools and other DeFi opportunities for the user. DUSD will become marvelous because it will have more use cases. We need to make USD more widely accepted. The second path is of course to integrate to the most EVM chains.

Marlin Foundation: Bringing verifying computing to Web3

Website: https://www.marlin.org/
Product: Verifiable computing protocol

Verifiable_computing_protocol_Marlin_webpage

Source: Marlin Foundation

GB: Hi there! Let’s get back to the roots. What are the unique features of Marlin that distinguish it from other blockchain infrastructure projects?

MF: Hello! Marlin is a verifiable computing protocol. At a high level, Marlin allows you to compute off-chain in a secure manner and verify the results on-chain. Marlin offers two products - Oyster and Kalyspo. Oyster is a TEE-based coprocessor with response and uptime guarantees, and serverless execution. Kalypso is a ZK proof marketplace that connects users, apps and protocols requiring ZK proofs with hardware providers who can generate them faster and cheaper.

GB: How does Marlin tackle the scalability issues commonly faced by blockchains today?

MF: Marlin is not a blockchain itself, but rather a co-processor designed to enhance the performance and scalability of existing blockchains. Think of it as a powerful tool that works alongside blockchains to address their limitations. Using Marlin, blockchains can improve their throughput while reducing costs.

GB: How is Marlin navigating the complex regulatory landscape of the blockchain and crypto industry?

MF: At Marlin Foundation, we prioritize strict adherence to all regulatory requirements. We actively engage with industry experts to ensure our initiatives align with the latest regulations and best practices.

DZap: Pushing the barriers for seamless liquidity

Website: https://dzap.io/
Product: Multi-chain Web3 swaps app

Multichain_web3_swaps_app_DZap

Source: DZap

GB: Hey guys, thank you for coming to GetBlock. What problem does DZap aim to solve in the blockchain or tech ecosystem?

DZ: Thank you for having us! DZap aims to address the inefficiencies and complexities involved in decentralized finance (DeFi) transactions. The platform focuses on simplifying cross-chain asset swaps, reducing transaction fees, and providing a seamless user experience for both novice and experienced users in the blockchain ecosystem. By offering a streamlined interface and robust backend support, DZap helps users navigate the often convoluted DeFi landscape with greater ease and security.

GB: What are the core features of DZap that differentiate it from other platforms in the same space?

DZ: First of all, DZap features include a Meta Bridge Aggregator you can use to bridge your tokens and get the best output for your swaps from 15+ bridges and aggregators. Similarly, our Meta DEX Aggregator helps you to get the best output for your swaps via 20+ DEXes and DEX Aggregators.

Then, our Dollar-Cost Averaging Tool (DCA) helps traders to buy or sell crypto assets at fixed intervals and get the benefits of averaging in an automated manner.

GB: Are there any plans for dzap.io to expand into new markets or regions? If so, which ones and why?

DZ: Yes, DZap has plans to expand into emerging markets such as Southeast Asia, Africa, and Latin America. These regions have shown a growing interest in blockchain technology and DeFi due to the need for more inclusive financial systems and the increasing adoption of digital assets. By expanding into these markets, DZap aims to provide accessible and efficient DeFi solutions to a broader audience, fostering greater financial inclusion.

DZap is going to release Liquidity Migration and Liquidity Incentivizer protocols soon.

GB: What are some of the biggest challenges DZap has faced since its inception, and how have you overcome them?

DZ: One of the significant challenges DZap has faced is ensuring security while maintaining a seamless user experience. To overcome this, we have invested heavily in rigorous security audits, implemented multi-signature wallets, and adopted best practices in smart contract development.

Another challenge has been the integration of multiple blockchain networks, each with its unique characteristics and technical requirements. We addressed this by building a versatile and modular architecture that can adapt to different blockchain protocols and by partnering with experts in various blockchain technologies.

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Company

GETBLOCK

September 6, 2024

6 分鐘閱讀

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