Saga, a Layer-1 blockchain protocol, has launched its Mainnet 2.0, marking a significant milestone in blockchain infrastructure and liquidity management.
Saga, a Layer-1 blockchain protocol, has announced the launch of Mainnet 2.0 and a partnership with decentralized exchange Uniswap to introduce a Liquidity Integration Layer (LiL) and gasless Uniswap v3 trading.
The Mainnet 2.0 rollout marks a step toward the LiL, set to launch in Q1 2025 on Mainnet 2.0 infrastructure. This layer will unify liquidity across blockchain networks, enabling seamless asset movement across applications and ecosystems. Developers building on Mainnet 2.0 will be able to integrate with the LiL framework upon its launch.
According to the team, the blockchain industry currently faces challenges with liquidity fragmentation and complex user experiences due to the increasing number of independent chains and Layer-2 solutions. Mainnet 2.0 and LiL aim to solve these problems by unifying liquidity across chains, eliminating the need for complex bridges, and streamlining asset management processes.
Eliminating Gas Fees for Users Mainnet 2.0 introduces a user-friendly approach by eliminating per-transaction gas fees, which often deter adoption and hinder developers. Instead of charging gas fees, Saga's revenue model involves capturing a share of the total value transacted through its network. This approach enables gasless transactions for users, allowing assets to move freely and efficiently across multiple chains and decentralized applications (dApps).
The company describes its approach as a significant departure from traditional blockchain economics. By automating bridge and routing transactions, developers can offer decentralized finance (DeFi) products without passing gas fees on to users. This model ensures full interoperability between blockchain networks while enhancing user experiences and opening new revenue streams for developers.
Saga's team also highlighted that the integration of LiL with Mainnet 2.0 will create an environment where liquidity flows seamlessly, transactions are simplified, and barriers to blockchain adoption are lowered.
Uniswap v3 Integration: A Game-Changer for DeFi In a notable development for the decentralized finance space, Uniswap v3 has been deployed on Saga’s multichain protocol. The deployment marks Uniswap’s first canonical appchain integration and sets the stage for gasless trading on the platform. Saga’s Liquidity Integration Layer will automate asset movement across ecosystems, enabling users to interact with Uniswap without incurring gas fees.
The team underscores that this partnership removes significant hurdles to DeFi adoption by making trading more accessible and user-friendly. The ability to trade on Uniswap without gas fees represents a major advance
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