Enso partners with Chainlink for live production deployments of cross-chain minting
Disclosure: This text doesn’t signify funding recommendation. The content material and supplies featured on this web page are for academic functions solely.
Enso introduced stay manufacturing deployments of cross-chain minting and execution flows powered by Chainlink, enabling belongings to maneuver throughout chains.
Enso immediately introduced stay manufacturing deployments of cross-chain minting and execution flows powered by Chainlink Cross-Chain Interoperability Protocol (CCIP). With this integration, issuers and asset technique platforms can transfer capital throughout chains and deploy it into stay methods, atomically and pre-simulated, in a single transaction.
The combination is stay in manufacturing with launch companions together with Reservoir, World Liberty Monetary (WLFI), Maple, Avant, Liquity, and Dolomite. Enso and Chainlink now allow belongings to reach on vacation spot chains already deployed based on predefined logic.
Stablecoins and yield-bearing belongings bridged by way of CCIP might be routinely routed by swaps, deposits, zaps, and protocol interactions, all executed in a single bundled transaction. This removes operational overhead, removes execution threat, and eliminates the necessity for handbook post-bridge deployment.
On the heart of the combination is Enso’s CCIP Receiver, a destination-side sensible contract that mixes Chainlink’s safe cross-chain messaging with Enso’s deterministic execution engine. Issuers outline outcome-driven workflows, comparable to minting or distributing belongings on one chain and programmatically deploying them into yield, liquidity, or treasury methods on one other, with out constructing customized integrations for every community.
This integration additionally helps capital-efficient hub-and-spoke fashions for cross-chain asset enlargement. Asset issuers comparable to USD1 by World Liberty Monetary and BOLD by Liquity can mint on a major chain whereas distributing and deploying throughout a number of ecosystems with out pre-funding fragmented liquidity swimming pools.
Learn extra: LiquidChain touts 1,965% staking rewards for cross-chain Layer 3
Disclosure: This content material is offered by a 3rd celebration. Neither crypto.information nor the writer of this text endorses any product talked about on this web page. Customers ought to conduct their very own analysis earlier than taking any motion associated to the corporate.
