😎 Opportunity in Layer-2

Layer 2 bridges

We believe the most important element for Delik to reach the Ideal stage lies where the demand of liquidity is ever increasing, that is the layer 2 ecosystem. In the future interoperability between the chains is possible only if there is free flow of liquidity into the bridges that connect them. Currently Layer 2 solution bridges on Ethereum are ready to suck in all the liquidity they get because of the demand. Hop protocol is the primary example where Delik can enable frictionless liquidity flow.

There are two elements in Hop protocol where there is sheer demand of liquidity , the Hop AMM and Bonders.

How HOP works :

1) Users deposit USDC to the Hop AMM on Chain 1, the 1:1 stable swap of Hop AMM releases same amount of intermediary hUSDC on Chain 2.

2) The bonder provides upfront liquidity for hUSDC on Chain 2.

3) The Hop AMM on Chain 2 swaps hUSDC for USDC.