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  1. Defi to walchain

Overview

DeFi to Walchain: Taking Decentralized Finance to the Next Level

1. What is DeFi to Walchain? DeFi to Walchain is a strategic initiative to aggregate assets from various blockchains (such as Ethereum, Binance Smart Chain, Solana, Polygon) into the Walchain network, creating an optimized decentralized finance (DeFi) ecosystem with ultra-fast transactions, near-zero fees, and superior multi-chain interoperability.

Walchain, the Layer 1 platform of SuperWAL, is designed to overcome current DeFi limitations such as high transaction fees (like on Ethereum), slow confirmation times (like on Bitcoin), and fragmented assets across blockchains. With DeFi to Walchain, users can:

  • Transfer multi-chain assets: Easily move tokens (ERC-20, BEP-20), NFTs, or stablecoins from other blockchains to Walchain via a Multi-chain Asset Bridge.

  • Execute ultra-fast DeFi transactions: Activities like swaps, staking, yield farming, or lending are processed in just 2 seconds, thanks to Stellar Consensus Protocol (SCP) and ZK-Rollup technology.

  • Minimize costs: Transaction fees are around 0.0001 SPL (Walchain’s native token), hundreds of times cheaper than Ethereum gas fees (typically $5–$50 per transaction).

  • Expand investment opportunities: Access a wide range of DeFi products including DEXs, staking, lending, and real-world asset (RWA) investments like tokenized real estate, gold, or commodities.

Goal: Make Walchain a DeFi hub where all digital and real-world assets are managed, traded, and optimized within a unified, efficient, and user-friendly ecosystem.

2. Why choose DeFi to Walchain? Walchain offers a superior DeFi platform due to its technical capabilities and unique design:

  • High-speed transactions: Up to 100,000 TPS through ZK-Rollup compression and SCP for rapid consensus (~2 seconds), ideal for real-time DeFi apps like arbitrage, flash loans, or high-frequency trading.

  • Minimal transaction fees: With average fees of ~0.0001 SPL (a few cents), Walchain removes financial barriers for individuals and institutions.

  • Seamless multi-chain interoperability: The Multi-chain Asset Bridge allows assets from major chains to be managed in a single wallet without complex network switching.

  • Enhanced security: Utilizes Zero-Knowledge Proofs (ZKP) for privacy and integrity, and SCP’s Quorum Slice for decentralization and attack resistance.

  • Energy efficiency: By using SCP instead of energy-intensive Proof-of-Work (PoW), Walchain contributes to a sustainable Web3 ecosystem.

3. How does DeFi to Walchain work?

3.1. Transfer assets to Walchain

  • Tool: Multi-chain Asset Bridge, a decentralized bridge for cross-chain asset transfers.

  • Mechanism:

    • Lock-and-mint: Assets on the source chain (e.g., ETH on Ethereum) are locked in a smart contract; a wrapped version (e.g., wETH) is minted on Walchain.

    • Burn-and-release: To withdraw, the wrapped token on Walchain is burned, and the original asset is released back on the source chain.

    • ZK-Rollup support: Cross-chain transactions are compressed for speed and lower cost (~5 seconds latency).

3.2. Engage with DeFi products

  • WaLX Exchange: A DEX that combines AMM and order book models, allowing low-fee swaps (~0.0001 SPL), including cross-chain swaps and high liquidity via Liquidity Bootstrapping Rounds (LBR).

  • WaLGrow for staking and farming: Offers 5–15% APY on assets like SPL, wETH, wUSDT with auto-compounding and DAO-based governance for SPL stakers.

  • Lending Protocol: Enables lending/borrowing of multi-chain assets using tokens or NFTs as collateral. Rates adjust via AI-based risk modeling.

  • Tokenized RWAs: Real-world assets like real estate, gold, or commodities are tokenized and traded via WaLVault, usable for staking or collateral.

3.3. Withdraw assets back to original chain Users can withdraw assets anytime via the bridge with automated processing (~5–10 seconds) and low fees (~0.0001 SPL). Example: Burn 1 wETH on Walchain to receive 1 ETH back on Ethereum.

4. Core DeFi products on Walchain

  • WaLX Exchange: Supports tokens, NFTs, RWAs; uses ZK-Rollup for high throughput and minimal fees; enables direct cross-chain trading.

  • WaLGrow: Staking/farming platform with competitive yields, governance participation, and auto-compounding.

  • Lending Protocol: Multi-chain asset lending with AI-driven risk evaluation and flexible collateral.

  • Tokenized RWAs: Enables secure, transparent RWA investment via WaLVault, integrated with WaLX and the lending protocol.

5. User benefits

  • Save time and costs: ~2-second transactions and ~0.0001 SPL fees eliminate gas fee concerns and long wait times.

    • Example: A Uniswap swap might cost $10; on WaLX, only a few cents.

  • User-friendly interface: SuperWAL wallet integrates bridge and DeFi tools, usable via mobile or web, ideal for all skill levels.

  • Diverse investment options: Tokens, NFTs, stablecoins, and RWAs cater to both short-term trades and long-term investments.

  • Sustainable future: SCP over PoW lowers energy use, supporting a greener, decentralized Web3.

6. Getting started with DeFi to Walchain

  • Create a SuperWAL wallet: Download the app (iOS/Android) or access via superwal.io. Create or import a wallet (supports Metamask, Phantom).

  • Deposit assets: Connect existing wallet to the bridge, transfer assets (e.g., 100 USDT from BSC to Walchain takes ~5 seconds, ~0.01 SPL fee).

  • Explore DeFi: Use WaLX for swaps, WaLGrow for staking, or the lending protocol. Track all activities and yields via the SuperWAL wallet.

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Last updated 20 days ago