Enso Partners with Stargate and LayerZero to Simplify Liquidity Migration for Unichain
Enso, in collaboration with Stargate and LayerZero, has unveiled a groundbreaking one-click liquidity migration solution for Unichain. This innovative solution is poised to attract up to $3.5 billion in liquidity inflow, streamlining the process for liquidity providers (LPs) looking to tap into Uniswap v4.
In the rapidly evolving landscape of Web3, the ability to seamlessly transfer liquidity across networks is becoming increasingly crucial. Historically, transferring liquidity to Unichain has been a complex, multi-step process, deterring many LPs from leveraging the benefits of Uniswap v4.
Enso’s partnership with LayerZero and Stargate aims to eliminate these barriers by offering a streamlined migration solution. LPs will now have the ability to bridge, migrate, and redeploy their liquidity in a single, hassle-free transaction. This means that LPs currently utilizing Uniswap v2 and v3 on Ethereum and other EVM-compatible networks can seamlessly transition their positions to Uniswap v4 on Unichain.
The potential influx of up to $3.5 billion in liquidity to Unichain represents a significant milestone in Ethereum’s history, marking one of the largest liquidity shifts to date.
This collaborative effort in developing the migration system underscores the expertise of Enso in DeFi execution and deployment, Stargate in bridging solutions, and LayerZero in ensuring secure and reliable messaging across networks.
According to Connor Howe, Co-Founder of Enso, “Through engineering a unified solution with the help of Stargate and LayerZero, Enso has added the missing piece to the puzzle. With the ability to transfer their positions in one click, Uniswap LPs are about to trigger one of the largest liquidity migration events in Ethereum history.”
By enabling seamless LP migration between EVM chains and Unichain, Enso exemplifies the power of DeFi composability in facilitating the smooth transfer of billions in on-chain liquidity.
With this groundbreaking partnership, Enso, Stargate, and LayerZero are not only simplifying liquidity migration but also paving the way for a more interconnected and efficient DeFi ecosystem. Stay tuned for more updates as this collaboration continues to shape the future of decentralized finance.