What Problems Do MoreMarkets Solve?
Problems:
Limited On-Chain Availability Many high-value assets (e.g., DOGE, XRP, LTC) are not natively available on-chain for DeFi participation. This limits their utility and restricts users from accessing popular assets across multiple chains.
Liquidity Fragmentation Liquidity is siloed across multiple L1s and L2s, creating inefficiencies and forcing protocols to compete for the same limited pool of assets. This fragmentation stifles innovation and limits the growth of smaller chains. New chains launch with no assets or liquidity, making it hard to attract users.
User Experience Complexity Users face friction with bridges, gas fees, and fragmented execution across chains. Users want seamless access to assets without worrying about liquidity depth, cross-chain bridging, or managing multiple wallets.
Limited Asset Utilisation Native assets on many blockchains are underutilized because they are confined to their home chains. This limits their ability to generate yield or participate in diverse DeFi ecosystems. As a result, asset holders miss out on opportunities, and chains struggle to grow their ecosystems.
Our Solution:
MoreMarkets introduces a global liquidity marketplace that unifies liquidity from all supported chains. By enabling applications to access remote liquidity, MoreMarkets eliminates fragmentation, creating a seamless and interconnected financial ecosystem.
MoreMarkets enhances capital efficiency in cross-chain liquidity provision, reducing fragmentation and improving market depth
MoreMarkets abstracts away these complexities, providing a unified user experience. Users can deposit assets from any chain into the BoringVault and interact with applications on other chains without worrying about bridges, liquidity depth, or gas fees.
MoreMarkets bridges this gap by enabling cross-chain asset availability. Through the BoringVault and NEAR Protocol Chain Signatures, assets like DOGE and XRP can be brought on-chain and made available for trading, lending, and yield generation.
MoreMarkets increases Asset Utilisation Rate (AUR) by enabling native assets to participate in foreign ecosystems. This unlocks new utility for assets while keeping the Total Value Locked (TVL) intact on the base chain.
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