scroll-tech / contribute-to-scroll

This repository guides developers wanting to contribute to the Scroll ecosystem.
https://scroll.io
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Add Scroll Network to Mayan finance bridge #1535

Open JyteCeo opened 8 months ago

JyteCeo commented 8 months ago

Name of the project

Mayan Finance

Project type

Tool

Site of the project

https://mayan.finance/

Github repository of the project

https://github.com/mayan-finance

Networks

Scroll Mainnet

Additional context

image

Proposal: Integrating Scroll Network with Mayan Finance

Context: Mayan Finance is a prominent bridging protocol that facilitates interoperability between different blockchain networks, enabling users to seamlessly transfer assets across ecosystems. With the growing popularity of Solana and its vibrant DeFi ecosystem, there is a significant demand for efficient and reliable bridges to connect Ethereum-based assets to Solana.

Why Add Scroll to Mayan Finance?

-- Enhanced Interoperability: Integrating Scroll Network with Mayan Finance would expand the interoperability of the protocol, allowing users to bridge assets between Scroll's network and Solana with ease. This would unlock new opportunities for users to access and participate in the thriving scroll ecosystem.

-- Increased Liquidity: By enabling the seamless transfer of assets between Scroll and Solana, the integration would contribute to increased liquidity across both networks. This would benefit users by providing more efficient market access and better price discovery for assets traded on both platforms.

-- Strategic Partnership: Collaborating with Mayan Finance aligns with Scroll's strategic objectives of fostering collaboration and interoperability within the blockchain ecosystem. By partnering with leading bridging protocols like Mayan Finance, Scroll can strengthen its position as a key player in the decentralized finance space.

-- User Convenience: Simplifying the process of bridging assets between Scroll and Solana through Mayan Finance would enhance user convenience and accessibility. Users would no longer need to rely on complex and time-consuming processes to move assets between networks, reducing friction and improving overall user experience.

CONCLUSION : Integrating Scroll Network with Mayan Finance presents a compelling opportunity to enhance interoperability, increase liquidity, and unlock new DeFi opportunities for users. By bridging assets between Scroll and Solana, users can benefit from seamless access to the vibrant Solana ecosystem while furthering Scroll's mission of democratizing access to decentralized finance.

Blisshh commented 8 months ago

Solana to scroll direct link would be helpful, saving gas fees (bridging twice) and helping for smoother interoperability. This could even be possible to utilise wormhole in general. Possible cosmos to evm compatibility.