Enso Finance simplifies so you can innovate!
Navigating the complex world of blockchain frameworks and smart contract scripting can be overwhelming for developers.
But with @EnsoFinance a new era dawns. 🌅
Simplify. Innovate. Discover $ENSO now. 👇
Here's the issue ⚠️
Users struggle with multiple protocols to achieve one goal.
Developers endure the tedious, error-prone task of integrating blockchain frameworks and scripting smart contracts, requiring custom infrastructure and deep expertise across various systems.
The result? A fractured landscape where developers struggle to keep up with updates and must choose a framework, leading to inconsistent dApp functionalities.
In short, there are way too many hurdles to get through to get what you want. 😩
Here is where Enso comes to make things easier! ✅
But what exactly is it?
And how does it solve the problem?
Meet Enso: the seamless bridge for smart contract execution across diverse blockchain ecosystems.
This L-1 tendermint-based blockchain stores states from EVM, SVM, and MVM, enabling cross-framework execution.
It's the world's 1st intent engine for chain abstraction and an intent-centric future.
Wait, hold up ✋ What is intents❓
Intents simplify hurdles by letting users or developers specify their desired outcome, like a state, token, Defi position, NFT, game item, or transaction.
Enso manages the complex steps, transforming UX by bridging intent to completion through Smart Contract abstractions.
Enso empowers developers with a unified interface that strips away complexities, ensuring smooth interactions and efficient management of smart contracts across various blockchains and rollups.
Enso simplifies, so you can innovate. 🧠
Who then are the participants on Enso network?
There are mainly 3 groups - Action Providers, Validators, and Graphers
Let's briefly take a look at the roles they play ⤵
🔸 Action Providers
Action providers on the Enso Network contribute actions for graphers to consume, enhancing algorithms.
This boosts functionality, security, and efficiency for dapps across multiple blockchains.
🔸 Validators
Validators maintain Enso network stability by approving legitimate requests, verifying abstractions, and selecting top solutions from Graphers, ensuring reliability for dapps on various blockchains.
🔸 Graphers
Graphers create algorithms that embed smart contract abstractions into bytecode.
They work with validators and action providers to ensure solutions are legitimate and keep detailed smart contract records across blockchains, boosting network performance.
Funding is vital for the protocol's growth. 💰
Enso secured $5M in 2021, led by Polychain and backed by Multicoin, Spartan, and over 60 angels, including Naval and talents from LayerZero, Gnosis, Socket, Chainflip, Dune, Safe, and 1inch.
Furthermore, they have just closed a $4.2M round led by IDEO and Hypersphere Ventures 👏
With significant capital backing, Enso has the resources to scale its product and services suite — evidenced by its usage.
Enso has facilitated >$11B in on-chain settlements and supports a dynamic network of >100 protocols, incl. Curve, Convex, Uniswap, Stargate, and Pendle.
Moreover, there are another 35 over protocols currently building on Enso network!
With such capabilities and stats, raising additional capital should not be an issue 💪
Whether you're a user or a dev, Enso streamlines everything! With countless protocols built on Enso, its reliability and functionality are undeniable.
Transforming the blockchain landscape, step by step 🦾
Have I gotten you excited about the potential of Enso Finance❔