Amid the rising reputation of layer-2 scaling options based mostly on zero-knowledge (ZK) proofs, decentralized finance liquidity protocol Symbiosis has added help for Linea, a zkEVM-based scaling resolution for cross-chain swaps developed by ConsenSys.
Symbiosis stated in a press release that Linea is a developer-ready zkEVM rollup, which implies it’s Ethereum-compatible and thus lets builders reuse plenty of present infrastructure for creating multi-asset options. Linea includes 100+ protocols, developer instruments and decentralized functions, making it a probably useful scaling device for builders within the Ethereum ecosystem.
Symbiosis broke into the mainstream in March 2022 with its stablecoin liquidity resolution. Since then, the cross-chain liquidity supplier has built-in a number of different layer-2 scaling options.
In April, the protocol built-in zkSync, a ZK-rollup developed by Matter Labs. The combination helped the protocol present one-click swaps from Ethereum, Polygon, Avalanche, BNB Chain, Telos and different blockchains to zkSync and again. Since April, the cross-chain liquidity protocol has added different standard L2 options, together with Polygon’s zkEVM, Optimism and Arbitrum.
Cointelegraph contacted Symbiosis co-founder Nick Avramov to get perception into the protocol’s expertise with L2 options, why it selected Linea and the way the answer compares with different L2s. Avramov stated that Linea completely aligns with the protocol’s technique to help the most well-liked L2s and that the choice to combine it was based mostly on neighborhood suggestions and requests from companions similar to OpenOcean, OKX DEX and extra, that are utilizing Symbiosis software program improvement equipment/API.
On the rise of ZK-rollups as a distinguished L2 pressure, Avramov stated:
“ZK-rollups have higher person onboarding capabilities, as they’re focusing on new domains like GameFi, Social, and many others., to interact extra folks with out safety sacrifice, as most of those new domains depend on Ethereum and value much less.”
He stated ZK options are a pure evolution of rollups, including, “I consider, sooner or later, optimistic rollups will stop to exist.”
Associated: ConsenSys zkEVM set for public testnet to ship safe settlements on Ethereum
Avramov believes that ZK-rollups are the true L2 resolution and might probably resolve the cross-chain/multichain dilemma, a difficulty that Ethereum co-founder Vitalik Buterin raised in January 2022.
Symbiosis stated the combination of ZK-rollups has already helped it scale and improve its transaction throughput by 300% month on month, with cross-chain buying and selling quantity hovering previous $500 million. The liquidity supplier believes that with the combination of Linea, cross-chain swaps can surpass $1 billion in quantity within the coming months.
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