Agoric, a layer 1 blockchain focusing on chain abstraction, has recently unveiled its Orchestration API. With this cutting-edge toolset, developers have the power to craft state-of-the-art Web3 applications that effortlessly synchronize digital assets and services across various blockchain ecosystems. Thanks to recent developments, users can now enjoy the convenience of one-click interactions that allow them to deploy their liquidity and access multiple blockchains seamlessly.
Web3 can often present users with complex and challenging experiences due to the fragmentation of over $2 trillion in liquidity across various blockchains and ecosystems. These include Ethereum, Solana, L2s, L3s, app-chains, sovereign rollups, subnets, and more. Several attempts have been made to address the fragmentation problem by introducing bridges and interoperability solutions. However, the overall experience remains restricted because of the limited programmability offered by existing solutions. Even basic use cases, such as using assets on one blockchain to pay for services on another, often involve multiple user actions and signatures. This can result in crypto assets becoming stuck within separate silos, unable to move freely.
Orchestration changes the game for multi-chain use cases:
- For users, orchestration enables real chain abstraction: experiences that cross chains have the simplicity they demand.
- For developers, orchestration offers cross-chain programmability thanks to a multi-block execution environment and simple JavaScript APIs to manage accounts and assets on remote chains.
- For the Web3 ecosystem, orchestration provides composability across protocols to unlock liquidity, regardless of the native chain.
For the Web3 ecosystem, orchestration provides composability across protocols to unlock liquidity, regardless of the native chain.
Commenting on the API launch, Dean Tribble, CEO of Agoric Systems, said: “We are excited to offer a platform that enables rich, one-click user experiences that unlock new economic opportunities across multiple chains. Currently in Web3, even simple tasks demand too many actions and too much finicky expertise by users. Agoric Orchestration brings unique technology to developers so they can bring their applications into the next generation of Web3.”
The Interchain Trading Terminal Calypso plans to utilize Agoric Orchestration to introduce its staking widget. Users can easily staking into any IBC-enabled chain with a simple click, using various starting tokens like ETH, SOL, and more. Typically, the process of cross-chain staking can be quite complex, involving six separate steps and multiple signatures. However, thanks to Agoric Orchestration, it has been simplified to just one action.
Commenting on the integration, John DiBernardi, Co-Founder of Calypso, said: “When it comes to executing actions across multiple blockchains, Agoric Orchestration is simply unmatched. We’ve been able to simplify time-intensive and incredibly frustrating DeFi tasks into a one-click experience that both users new to DeFi and those that are seasoned will greatly appreciate.”
Developers interested in participating in Agoric’s Early Access Program can now apply. This program provides dedicated technical assistance, financial incentives, and exclusive access to upcoming features. Submit your application now at agoric.com/eap.
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