Lamina

Problem

While the growth of new blockchains has enabled greater scaling and new use cases, it has also led to fragmented liquidity and a poor user experience. With over 100+ L1s, L2s and rollups as a service (RaaS) proliferating the amount of chains out there today, the UX for end-users and developers has eroded. Users face issues such as managing multiple wallets, handling seed phrases, and dealing with different RPC networks and gas tokens. Terrible UX is one of the major obstacles to adoption of crypto products preventing mainstream adoption.

The Solution - Lamina

Lamina is an omni-chain DeFi platform that pioneers a reimagined UX in DeFi, enabling a new paradigm of on-chain trading and asset management powered by intents. Built from the ground up with seamless UX, interoperability and security as a priority, our goal is to supercharge the mainstream adoption of DeFi and Web3.

Powered by Lamina's proprietary cross-chain infrastructure based on an intent-centric model that leverages solver networks to power chain abstraction, Lamina enables users to hold all their assets on one chain and transact on any chain instantly, without ever having to use a bridge or worry about changing different wallets and signing multiple approvals and transactions.

Lamina brings instant atomic execution for all transaction types, not just swaps. This includes lending, borrowing, staking, restaking, flash loans etc. across all ecosystems (EVM, SVM, TONVM, MoveVM, BTC) so users can interact with any DeFi protocol on any chain from one unified frontend on the Lamina platform.

Built around a universal master account model that integrates smart contract wallets at the protocol level, retail and institutional users can transact all across DeFi with just one wallet and manage their portfolio and positions with ease.

• Unified Interface: The Lamina frontend provides a unified user experience by interacting with the underlying smart contract wallet on different blockchains. This interface displays aggregated balances, transaction histories, and dApp interactions from multiple chains.

• Seamless dApp Integration: The wallet provides a single point of interaction for various dApps across blockchains, simplifying the user experience and promoting interoperability.

This eliminates the need for EOAs and allows for more sophisticated features like multisig security, social recovery and multicall transactions, ultimately reducing friction and making blockchain technology more accessible to the average user for on-chain trading and asset management while solving for the fragmentation of liquidity in a multi-chain world.

Benefits

No bridging: Our implementation enables users and protocols to move liquidity across various blockchains without having to interact with bridges. Bridges as we know are insecure by design. Of the $3.1B of crypto exploited in DeFi, 64% of them were from cross-chain bridging.

Instantaneous transactions: Bridging from one chain to another chain often requires users to wait minutes to sometimes hours for their transaction to settle. In DeFi, the opportunity cost of waiting even a few minutes is literally millions of dollars. With Lamina, you can take part in cross-chain DeFi without ever having to wait.

Improved UX: By using account abstraction and smart contract wallets, we have drastically improved the UX so users don't have to download multiple wallets for different blockchains. Simple one-click login improves the onboarding experience so users can forget about seed phrases, gas, bridging, and the poor UX of on-chain DeFi.

Institutional-grade Security: Lamina chooses to be proactive rather than reactive when it comes to security. Security audits are a one-way street. Even after a protocol has been audited, there are always chances for exploits and vulnerabilities that have been overlooked. New attack vectors can always arise at any point in time. This is why Lamina has built-in realtime monitoring and compliance solutions that protect retail and institutional users from a multitude of on-chain exploit with 24/7 risk assessment and mitigation.