“Unleashing the Future: The Layer-2 Revolution!”
An emerging trend in blockchain scalability is the evolution of Layer-2 networks, Superchains, and hyperchains. These innovations are gaining traction within multiple Layer-2 solutions and are positioned to serve as the foundation for the future of Ethereum’s scalability. This evolution aims to simplify the development process, enhance security, and promote increased compatibility throughout the ecosystem.
A recently revealed extensive research report has become a benchmark for grasping the developments of prominent Layer-2 solutions. Base, a creation of the well-known cryptocurrency trading platform Coinbase, has established a distinct position for itself, demonstrating remarkable expansion. In a mere 11 days following the official launch of its mainnet, Base proudly achieved the milestone of 1 million distinct addresses, showcasing its considerable promise.
Ecosystem-driven protocols like Optimism’s Velodrome have proven to be effective catalysts for the growth of Layer 2 (L2) networks, whereas multi-chain decentralized exchanges (DEXs) have struggled to do the same.
Velodrome, a prominent L2 DEX, boasts around $250 million in Total Value Locked (TVL) and has facilitated over $5.9 billion in cumulative trading volume. Serving as Optimism’s primary liquidity hub, Velodrome is committed to fostering the growth of the Optimism ecosystem. It stands as Optimism’s most significant and active driver of economic and business development.
By exclusively focusing on the Optimism network, Velodrome has gained a distinct competitive edge. Its incentives are perfectly aligned with the broader ecosystem’s goals, allowing it to attract a disproportionately high level of activity and maximize the overall impact of collective participation.
Its time to build next Velodrome for Scroll 📜
Introducing Skydrome on Scroll Network
Like Velodrome, Skydrome is poised to function as a business development foundation within the Scroll ecosystem. Its role involves assisting projects as they embark on their journey, onboarding the upcoming generation of protocols, and fostering liquidity to enhance the overall ecosystem as Scroll’s central trading and liquidity hub.
Skydrome is set to become the epicenter for liquidity and public assets within the Scroll ecosystem. This ambitious project aims to initiate and propel what could potentially become the leading on-chain user onboarding engine in the world.
In their roles as the central hubs for their respective ecosystems, Skydrome and other Scroll projects will collaborate closely, nurturing and expanding the Scroll network.
What’s coming next ?
Our eagerly anticipated app is set to make its debut in early October, showcasing thrilling new initiatives such as incentivized Testnet NFTs and the long-awaited Mainnet release. Stay tuned for further updates!