Today we are excited to reveal Nomial: An Open Liquidity Network for the Modular Ecosystem.
Nomial creates the first opportunity for token holders on L2’s to add liquidity to the Intents Stack and earn yield.
🧵👇
In intent-centric cross-chain networks, Fillers (aka "Solvers"), are advanced entities that fill swaps for profit.
A small group of Fillers capture 100% of intent fees through private liquidity pools.
But with an Open Liquidity Network anyone can be an LP for intents!
Where is the liquidity coming from for chain abstracted accounts?
Enabling users to have a single wallet across every chain and pay for gas in any token is key to chain abstraction. Making this work means finding mechanisms to execute actions on one chain while paying for those
1/ We're excited to announce that Nomial has integrated
@Scroll_ZKP
!
📜 Pools are now available for Scroll users to pre-stake 📜
Why Pre-stake? Read on 👇
A lot of users ask about how Nomial's bonding mechanism works
Solvers with collateral locked on Nomial can request an allowance to borrow from any Nomial liquidity pool on any chain. Nomial Bond Verifiers grant or deny the allowance
In our first release, Bond Verifiers will be
The problem that Nomial solves is simple - interacting with multiple rollups in a Chain Abstracted environment requires users to fragment their capital. This is costly and inefficient
The solution? Users can deposit on one chain and borrow on many chains
What about cost? The
Nomial de-couples the Filler and Liquidity Provider roles, letting L2 token holders earn profit from intent settlement as LP's.
Fillers actively run advanced off-chain relay infrastructure.
Liquidity Providers passively provide capital that Fillers pay to use.
Nomial is designed to support the robust and integrated set of protocols contributing to the Intents Stack.
The Open Liquidity Network gives any token holder the chance to support the Intents Stack and profit from intent-based order flow.
What’s next?
Nomial will be opening pools for pre-staking with incentives that favor early contributors.
Join our Telegram community to stay up to date:
Wtf is Pre-staking and how do you do it?
Pre-staking lets you earn points that can convert to token rewards post launch. Early pre-stakers get the most points 🫡
It's simple to sign a pre-staked position with our app. Check out our pre-staking guide!
Only a tiny fraction of the $45+ Billion TVL in L2's is used as liquidity for intent settlement. Participating as an Intent Filler is prohibitively complex for the majority of L2 token holders.
Intents are settled by only a few Fillers holding fragmented capital across L2's.
The Modular Thesis is becoming a reality. Thousands of rollup deployments are coming.
Asset fragmentation across Modular blockchains is the biggest bottleneck preventing us from scaling intents and achieving full Chain Abstraction
1/4
We're excited to announce our partnership with
@nomial_io
, the first open liquidity network built for the modular DeFi ecosystem.
Mach intends to support liquidity providers (fillers) within our intent network by providing them access to Nomial's extensive liquidity pools
Nomial is helping solvers operate on multiple chains without having to front large amounts of capital.
@arjunnchand
provides a great overview of the solver centralization problem in this post.
With Intents, It’s Solvers All The Way Down!
Intents are promising, but the lack of solvers in the ecosystem is a centralizing bottleneck.
To usher in an era of intents in crypto, we need more solvers.
Here's how we can get there 👇
Many solver infrastructure protocols, like
@khalani_network
and
@nomial_io
, are aiming to be compatible with the ERC-7683 standard.
This is a win-win scenario for all stakeholders involved.
The Across vs. Stargate debate is raging.
It’s not about one product, team, or founder vs. another. It is about two fundamentally different bridging architectures: Intents vs. Messages.
Which one will prevail?
🧵👇
Pre-staking is a signed proof of asset ownership. It doesn't require a transaction, transfer, or deposit.
Pre-stakers earn Nomial points based on the length of time they pre-stake and their proportional value in the pool ⏳💰
Read more about Pre-staking:
Nomial is the gateway to seamless cross-chain liquidity 💰 It enables instant-fill liquidity for intents across multiple chains with ease. Check out our docs to learn more:
4/ Nomial is building an Open Liquidity Network so any user can use their capital to earn yield by supporting intents-based bridging.
Learn more about our solution:
Today we are excited to reveal Nomial: An Open Liquidity Network for the Modular Ecosystem.
Nomial creates the first opportunity for token holders on L2’s to add liquidity to the Intents Stack and earn yield.
🧵👇
Today we are excited to reveal Nomial: An Open Liquidity Network for the Modular Ecosystem.
Nomial creates the first opportunity for token holders on L2’s to add liquidity to the Intents Stack and earn yield.
🧵👇
2/ Scroll users who pre-stake on Nomial Pools earn points based on their time staked. Get in early to earn the most points!
If you hold assets on Scroll, sign to pre-stake using . No deposit or transfer needed.