I did a research that I think you should buy that make a potential 1000x gem and add it to your watchlist! Now let’s dive in.
Entanglefi is heading on a mainnet launch next month and their core mission is to simplify DeFi and resolve liquidity issues across various blockchain networks.
This is achieve through connecting different protocols via a unique liquidity sub-layer spanning multiple chains.
To accomplish this, Entangle has introduced Synthetic Vaults, which are Liquid Staking Derivatives (LSD) with cross-chain portability. This is powered by a decentralized custom oracle solution allowing users to further utilize their DeFi assets for yield optimisation.
Through these initiatives, Entangle is providing a solution to liquidity related problems that have been a major hindrance to the growth, acceleration and adoption of DeFi.
How Synthetic Vaults - interoperate with intra- and cross-chain partner protocols in the example below, we use a yield-bearing asset originating from the Polygon chain.
Synthetic Vaults - Entangle’s Native dApp Synthetic Vaults offer a significant breakthrough, allowing yield-generating assets converted to transferable LSD equivalents.
It enhances the accessibility of liquidity position assets such as LPs across omni-chain networks, etc.
Distributed Oracle Solution - Entangle’s Distributed Oracle Solution (E-DOS) is a core architectural component that empowers Entangle’s cross-chain dApp, Synthetic Vaults.
E-DOS is revolutionary in terms of full customization, scalability, flexibility, and cost efficiency.
Entangle Blockchain - The Entangle Blockchain is specifically designed for the processing and validation of oracle transactions, featuring low gas fees and block times of 2 seconds.
I use EVM wallet for transacting Entangle Blockchain and my experienced was very smooth & fast. Also we have other networks that we are currently testing like MATIC, AVAX, BNB, FTM, ARB, OP, ETH, MNT, MultiversX and LINEA network for trying to add liquidity in the Liquid Vaults.
Entangle’s Usecase - has unlimited potential like optimize security and cost-efficiency for dApps.
Build bridges bet. any chains.
Expands the dApp cross-chains and accepts deposits from any chains.
Also, we have a boundless Innovation for expanding growth of all networks.
Entangle $NGL Token - The Entangle Ecosystem operates on $NGL which can be obtained through staking as a Validator or Delegator, or Operating Oracle Keepers.
The updated name of a token is $NGL token that is currently shown in coingecko. Total supply is 1B.
If you found this thread helpful, like, follow and share this to your friends. Mainnet launch is coming, you don’t wanna miss this. #EntangleMainnet Entangle Protocol !!
