Intent-based solutions can fix DeFi liquidity
Intent-based solutions offer a promising approach to tackle DeFi’s liquidity fragmentation, simplifying crosschain interactions and enhancing user experience.
Opinion by: Dmitry Zhelezov, co-founder and CEO of SQD Network
The decentralized finance (DeFi) industry is held back by a mess of its own making. Problems around liquidity fragmentation add to its complexity and intimidate users. Blockchain-based “intents” might be the solution, but only if the DeFi industry can find a way to ease concerns around centralization.
Intent-based architectures focus on the user’s intent or desired outcome. They’re a new paradigm in blockchain that’s gaining substantial traction, providing an original and simplified approach to managing and executing transactions with smart contracts.
