Introducing Emeris — The Cross-Chain Portal to All Crypto Apps
Today, Tendermint is announcing Emeris. Emeris is a one-stop portal for all crypto apps, no matter what blockchain they run on. The beta version of Emeris will be launched this month and will let users experience cross-chain DeFi like never before.
In the past few years, blockchain maximalism — the idea that one blockchain will “win” over all the others — has run rampant in many crypto communities. Yet, here at Tendermint, we have always believed that the future of crypto involves multiple interconnected blockchains, with each blockchain serving different use cases; a vision that has begun to realize recently. In recent months, there has been a rising trend of decentralized applications built on Ethereum alternatives, including sovereign Cosmos chains, layer 2 solutions like Polygon, layer 1 chains like Solana or Polkadot, and many others. Yet, numerous applications that are spreading from a single chain to multiple ecosystems leaves crypto heavily fragmented. As a result, there’s still no easy way to access the best decentralized applications in one place. That’s where Emeris comes in.
An Interface with the Internet of Blockchains
Emeris has a simple goal: providing access to a wide range of decentralized applications scattered around various blockchain ecosystems in a single, easy-to-use interface. Starting as a non-custodial, cross-chain DeFi dashboard, Emeris will soon extend its line of products with other entries like a mobile app and a browser extension wallet.
As for the long term vision of Emeris, it revolves around one main concept: blockchain agnosticism. Emeris seeks to integrate the best decentralized applications no matter what sector they belong to or what blockchain they run on. It will provide access to various types of protocols, from lending and yield farming to NFT marketplaces, payment applications, data storage, and many other use cases.
Interoperability is at the core of Emeris’ vision. We will prioritize integrating blockchains that have an interoperability gateway (a bridge, an IBC connection, or another type of connection) with the rest of the ecosystem. This way, users can enjoy the entirety of what the internet of blockchains has to offer, no matter which ecosystem they originally come from.
Emeris Beta — Unlocking the Power of Cross-Chain DeFi
At its beta launch in mid July, Emeris will focus on cross-chain DeFi. Starting as a non-custodial dashboard, Emeris provides users with a consolidated view of their crypto holdings across multiple Cosmos chains. The starting lineup of supported chains includes Cosmos Hub, Crypto.com, Akash Network, IrisNet, Persistence, Osmosis, Regen Network and Sentinel. New chains will be continuously integrated.
In addition to its asset management capability, the Emeris dashboard comes with two flagship features:
- Gravity DEX integration. The Gravity DEX protocol is a novel type of DeFi protocol that is scheduled to launch on the Cosmos Hub on July 12th, 2021. Built with cross-chain trading in mind, this cutting-edge DEX is perfectly suited to be the first protocol supported by Emeris.
- Cross-chain asset transfers using Cosmos’ ground-breaking Inter-Blockchain Communication (IBC) protocol. Emeris is the first interface to feature smart IBC routing capabilities, to enable the smoothest IBC user experience to date.
Beyond the Beta
Over the summer, we will continuously roll out visual design improvements and new Cosmos chain integrations. Emeris will also deliver key performance metrics, staking capabilities, and add support for multiple wallets (at beta launch, only the Keplr wallet is supported).
The real fun begins in late September with the public launch of Emeris. At this stage, Emeris will extend support to chains outside the Cosmos ecosystem, starting with Ethereum. This expansion follows the Gravity Bridge implementation, a next-gen bridge which allows tokens to freely flow between Cosmos chains and Ethereum. In addition to supporting more chains, Emeris will provide access to new DeFi protocols beyond the Gravity DEX. Finally, the public launch will also mark the release of the Emeris mobile wallet.
From there on, Emeris will keep adding support for new blockchain ecosystems and decentralized applications, and increase its focus on making the internet of blockchains accessible to wider audiences.
Are You Ready?
In the new era of interoperability that is made possible by cross-chain technologies, blockchains no longer live in silos. This emerging internet of blockchains needs an interface, and it’s called Emeris. Beginning with cross-chain token transfers and swaps, Emeris will rapidly expand to enable all kinds of other decentralized applications built on various blockchains — all from within a single easy-to-use interface. The era of cross-chain DeFi is upon us. Are you ready to experience its power?