Mosaic Integrates with Multichain

Published on: 26.02.2022

Composable Finance is pleased to announce that Mosaic — their transfer availability layer built to ensure the completion of any asset transfer — is integrating with Multichain. This integration will further substantiate Mosaic’s network of external bridges utilized for passive liquidity rebalancing.

Integrating Multichain into Mosaic’s network of bridges is mutually beneficial for each project. While Mosaic leverages Multichain for advanced liquidity rebalancing, the Multichain ecosystem receives an additional liquidity source enabling it to function better as a cross-chain router protocol. As Mosaic leverages this cross-chain router, Multichain also earns transaction fees.

Mosaic has already integrated Hop, Crocswap, and Connext and will now add Multichain to the mix.

Multichain, formerly known as Anyswap, is the ultimate Router for Web 3.0. As an infrastructure developed for arbitrary cross-chain interactions, Multichain powers cross-chain transfers through a network of SMPC nodes that links a source blockchain with a destination blockchain autonomously.

Mosaic combines a dynamic fee modelliquidity forecastingactive liquidity management, and passive rebalancing to create a revolutionary cross-chain liquidity layer. This innovative infrastructure leverages a network of existing bridges to manage its LP vaults on different layers ensuring the ability to transfer assets cross-chain regardless of volume or size.

Source

https://composablefi.medium.com/mosaic-utilizes-multichain-for-passive-rebalancing-c514e4f44576

Market Stats:
BTC Dominance: 58.02%(-1.45%/24h)
ETH Dominance: 12.35%(+0.33%/24h)
Defi Market Cap: $96.23B(+50.60%/24h)
Total Market Cap: $3336.31B(+1.19%/24h)
Total Trading Volume 24h: $221.4B(+4.76%/24h)
ETH Market Cap: $411.36B
Defi to ETH Ratio: 23.39%
Defi Dominance: 2.77%
Altcoin Market Cap: $1400.44B
Altcoin Volume 24h: $174.96B
Total Cryptocurrencies: 32384
Active Cryptocurrencies: 10187
Active Market Pairs: 90894
Active Exchanges: 762
Total Exchanges: 9613
BTC: 97857.24$(0.38%/1H)
ETH: 3421.88$(0.61%/1H)
AVAX: 41.59$(0.1%/1H)
BNB: 652.37$(0.5%/1H)
MATIC: 0.57$(1.27%/1H)
FTM: 0.87$(1.69%/1H)
ADA: 1.06$(1.22%/1H)
DOT: 8.58$(1.38%/1H)
UNI: 10.72$(-0.59%/1H)
CAKE: 2.25$(-0%/1H)
SUSHI: 1.15$(3.52%/1H)
ONE: 0.02$(6.18%/1H)