• DAM Finance has launched its decentralized, multi-chain liquidity infrastructure on Ethereum and Polkadot parachain Moonbeam.
• The new infrastructure will allow any user to mint d2o stablecoin on Ethereum and teleport it to the Moonbeam network.
• This launch is an important step toward a multichain future and could help solve liquidity issues for smaller blockchain networks.

DAM Finance Launches Multi-Chain Liquidity Infrastructure

DAM Finance has announced the launch of its decentralized, multi-chain liquidity infrastructure on Ethereum and Polkadot parachain Moonbeam. By allowing users to mint d2o stablecoin on Ethereum and teleport it to the Moonbeam network, this launch could be an important step toward a multichain future as well as helping solve liquidity issues for smaller blockchain networks.

Polkadot Unlocks More Liquidity

Thanks to DAM’s decentralized dReservoir, users will have a new way to access native stablecoin liquidity on Polkadot. Furthermore, this protocol allows users to move liquidity through its stablecoin without the traditional bridge risk plaguing multichain solutions. This unlocks more liquidity for all involved parties which can lead to more stable crypto prices, better investment opportunities, and lower trading costs.

Liquidity Fragmentation Plaguing Smaller Networks

So far, fragmentation of Web3 liquidity has been an ongoing issue with 80% currently residing on Ethereum alone. This stifles innovation as projects need adequate capital flow in order to grow or even survive in the competitive crypto market – making bridges essential between different blockchains. However, bridges are notoriously susceptible to hacking which is why DAM’s protocol provides a secure alternative where users can move value between chains at scale safely and securely with their omnichain stablecoin d2o.

On the Flipside AI Technology Could Contribute Too

AI technology could also contribute towards unlocking liquidity problems by providing solutions at DeFi protocol level as well as bridging between various blockchains through advanced algorithms that are capable of understanding data from multiple sources simultaneously.

Why You Should Care

Liquidity is key for any successful crypto markets – without it investments cannot take place nor can projects exist without adequate capital flow when competing against other projects in the same sector or industry space. Therefore having access to multiple sources of liquid assets is not only beneficial but crucial if one wishes for their project or investment portfolio to succeed in today’s increasingly competitive environment.