Synapse Messaging is now live on Klaytn
Synapse Protocol now powers generalized cross-chain messaging between the Klaytn Network and other Synapse supported chains. Upon launch, generalized cross-chain messaging will facilitate the bridging of DeFi Kingdom assets between DFK chain, Serendale (Klaytn), and Crystalvale (DFK Chain). Pursuant to Synapse Protocol’s goal of interconnecting all blockspace, this launch opens a brand new playground for developers to design innovative blockchain use cases.
Powering DFK’s Cross-chain Messaging
To date, Synapse protocol has been the most widely used mechanism for sending arbitrary cross-chain messages, largely thanks to the immense number of DeFi Kingdoms assets that have been bridged to date. This launch enables Synapse to continue supporting growth of DeFi Kingdoms and all future expansion plans with the best cross-chain infrastructure on the market.
Klaytn is a blockchain platform designed to be user-friendly and scalable, with a focus on providing a great user experience for both developers and end users. The platform uses a hybrid consensus mechanism that combines both proof-of-work (PoW) and proof-of-stake (PoS) to secure its network and process transactions. These core features have made it home to a number of key dApps, including recently, DeFi Kingdom’s Serendale. To date, Klaytn boasts a user base greater than 11 million, and currently dominates the Korean market, with aggressive growth plans internationally**.**
Synapse is a universal cross-chain liquidity network that connects blockchains by offering an extensible cross-chain communication protocol that supports assets, smart contract calls, and more. By leveraging Synapse, blockchains can easily and securely interoperate with each other, and developers can build truly cross-chain applications including cross-chain DEX, lending platforms, margining systems, derivatives markets, yield aggregators, and much more.