Scenario
A new dApp launches along a fancy L1 but is denominated in the chain’s native token or stable's (USDT0, USDC)
User wants exposure or capture an opportunity - but only holds $ETH on an L2 or mainnet
1. Swap ETH to stables or wrap via a third-party DEX
2. Bridge to the destination chain through bridging provider or aggregator
3. Swap again into the dApp’s native asset
Up to three steps. Multiple platforms. Multiple fees.
Value potentially leaks three times before you can even USE the dApp
This means
For you: friction, frustration, dropping of half way and missing the opportunity
For developers: lost volume, lost revenue, potentially lost another user
-> There’s never been a native way to go from any asset on any chain to the desired asset on another
Until now
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