Bye Bye Bridges — Euclid is Unifying Liquidity
DeFi took off because ‘everyone knew where to go’. With 000’s of chains, that’s no longer the case. EuclidSwap is a virtual settlement layer to convert assets from any chain to any chain. No bridging.
Euclid is unifying liquidity
You know the feeling, that moment you bridge assets from one chain to another. You’ve done it before, you’ve checked the addresses, but once you confirm the transaction there’s that agonising wait to see if you’ve been successful. Bridges are risky — they’re a point-of-failure that can lead to lost assets or even worse, stolen assets.
Euclid is solving this once and for all — by creating a simple, easy to use liquidity layer with no need to bridge assets across chains. You can access liquidity from any chain — 10 are immediately available in testnet with 50+ being added imminently. EuclidSwap has one of the easiest interfaces in web3 — it’s so easy to use it’ll suit everyone from noobs to OG’s — check out the interface below.
Time to sweat those assets!
Euclid is the liquidity layer for DeFi, allowing you to easily swap assets with lower gas fees and quicker settlement. It’s estimated that 90% of assets on-chain sit idle due to the complexity and cost of moving assets across chains. This holds back innovation, costs money, and ultimately is holding back DeFi from being a truly decentralised movement we can all benefit from.
There’s a reason why Georges Chouchani founded Euclid Protocol — the lack of unified liquidity is creating a crisis for DeFi. As Georges explains:
“Fragmentation is the zero sum game which is really hurting DeFi. What began with Ethereum as an execution layer has exploded into an ecosystem with hundreds of siloed blockchains, each one with its own confined liquidity within their execution layers. We need large liquidity pools but in reality, value gets locked in a small number of chains already enjoying network effects.”
EuclidSwap — connecting all chains and assets
Euclid Protocol is the driving force behind Euclid Swap — a decentralised platform (rather than centralised one that takes control of your assets) that easily allows you the opportunity to swap to multiple chains without having to bridge your assets from their native chain. Euclid protocol leverages the Euclid Messaging Protocol (EMP), built on top of IBC technology, to expand to all chains across web3. It means you stay in complete control of your assets the whole time, no need to trust a centralised exchange or bridge to perform the action for you.
Here’s some of the things you can do with EuclidSwap:
- Access liquidity from any chain with no need to bridge assets
- Swap assets without bridging them
- Perform more complex swaps to multiple chains in one go
- Swap cross chain using one asset (e.g. ETH) but on another chain (e.g. Nibiru) to save on gas fees and time
- Make your own liquidity pools with the tokens of your choice
- Chose the most efficient and cost effective chains to settle your transactions on
How to get started with Euclid Swap
Our aim is to keep it simple — less jargon, no complexity, and putting your experience at the forefront of what we do. In the Euclid world, different chains shouldn’t matter. By unifying liquidity, we’re making DeFi a better, safer and cheaper experience.
Join the community!
Euclid Protocol’s vision is to bring users back to the fundamentals of DeFi — empowering users with transparency, accessibility, and control over their financial activities — making DeFi great again!
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