LayerZero, Enso, and Stargate are working together to coordinate the largest asset transfer in Ethereum’s history. This partnership brings the first one-click migration solution for Uniswap LPs. As much as $3.5 billion in liquidity is set to move onto Unichain via this plan.
LayerZero is the leading blockchain infrastructure provider, enabling cross-chain interoperability. It allows for the secure, instant transfer of data and other digital assets between various blockchains. LayerZero relaying messages across chains makes sure liquidity moves in and out smoothly and securely on Unichain.
LayerZero has unlocked more than $100 billion in tokenized value so far. The protocol already represents 70% of the stablecoin market cap and cross-chain industry messaging volume. LayerZero’s omnichain interoperability protocol serves as the trust layer for Paxos, PayPal USD, Google Cloud and dozens more.
The collaboration between LayerZero, Stargate, and Enso will invite Uniswap v2 and v3 LPs to migrate their positions to Uniswap v4 on Unichain. LayerZero iterated on their protocol, allowing them to connect liquidity across more than 50 different blockchains, offering seamless interoperability on the back end in DeFi.
Stargate, which is LayerZero’s flagship product, is the largest unified liquidity layer and a fully composable native asset bridge. Second, it allows for immediate guaranteed liquidity transfer between chains with instant guaranteed finality.
Through their collaborations with LayerZero and Stargate, Enso is giving developers the ultimate blockchain shortcuts and execution engine. Enso’s infrastructure removes the friction involved in integrating dozens of protocols.
Through engineering a unified solution with the help of Stargate and LayerZero, Enso has added the missing piece to the puzzle. With the ability to transfer their positions in one click, Uniswap LPs are about to trigger one of the largest liquidity migration events in Ethereum history. - Connor Howe, Enso Co-Founder
