How Instrumental Finance complements the Composable ecosystem
As Instrumental Finance works towards creating new cross-layer yield generation opportunities, it aligns itself with Composable Finance, the face of DeFi’s future. Composable is growing in its capabilities, connectivity, and most importantly its community. Moving towards a cohesive and interoperable ecosystem that provides its participants with a complex yet seamless experience requires an environment of open collaboration for unified growth. Composable’s most recent achievement of securing a Kusama parachain creates more opportunities for interoperability. Instrumental is excited to join this growing ecosystem and with Composable’s head of product 0xbrainjar as lead advisor to Instrumental, close collaboration and innovation are ensured.
An Instrumental addition to the Composable Ecosystem
Incubated by Composable Labs, an incubation arm launched to drive vision focused innovation, Instrumental Finance has instilled the Composable vision from inception. Instrumental allows users to LP in a yield-optimizing manner by offering chain- and layer-agnostic LPing, falling in line with Composable’s goal of achieving full interoperability throughout the industry. Composable Labs continues to propel Instrumental’s growth by providing the tools needed to create a chain and layer-agnostic interface. Instrumental is currently utilizing Composable’s SDK and cross-layer asset swapping Mosaic tool to power the chain and layer-agnostic Instrumental Vault, where users can optimize their LP yield across different L2s and L1. This relationship is a driving force to not only support Instrumental but to also position the Composable ecosystem for long term success.
Instrumental introduces brand new yield-generating opportunities to Composable’s community. Instrumental is fully integrated and connected to other novel DeFi products and services within this ecosystem, adding SushiSwap, Curve, and Aave’s LP tokens to enable cross-layer swaps and pooling. For example, users are able to provide liquidity to a pool in one instance (SushiSwap) but as better yield opportunities present themselves the user’s position moves from instance A (SushiSwap) to instance B (Sushiswap) in order to maximize yield generation. Arbitrum, Polygon, the Avalanche C-Chain, Ethereum Mainnet (L1), and Moonriver are also amongst the layer 2 scaling solutions where Instrumental will optimize LP positions. These networks are linked to Mosaic, the technical basis from Composable.
The broader DeFi community should be extremely excited about the ability to freely move LP positions across layers to maximize their yield. Until now, different layers and chains have restricted user capabilities. Participants could choose between missing out on maximized yield or go through complex measures to chase best yield in a process that was timely and expensive. The cross-layer and chain agnostic capabilities of Instrumental remove these restrictions and are a highly valued expansion of the current ecosystem, advancing widespread adoption.
The symbiotic relationship between Instrumental and Composable will continue to create opportunities for growth throughout the DeFi community.
The future of Instrumental
It is an exciting time to be in DeFi, but even more so it is an exciting time to be a part of an ecosystem that is focused on providing solutions that are built for a fully connected DeFi future. Instrumental, as part of the Composable ecosystem, will help provide the environment for developers and end-users to seamlessly participate in a multitude of DeFi functionalities without having to worry about the barriers that other protocols inherently possess. As mentioned throughout the article, Instrumental will play a vital role within the Composable ecosystem and we look forward to sharing our continued efforts on this journey with our community.
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