Interoperability landscape: interop protocols with and without a token
Post108 words
Splits interop protocols into those with a token (Axelar, Wormhole, Polyhedra, Entangle, CCIP, Picasso, Omni) and tokenless ones (LayerZero, Union, Hyperlane, Polymer, Electron), with one-line security designs.
Key claims
Wormhole uses a 13/19 TSS guardian set
Axelar has a dynamic 75-validator set
Omni's token launched that day
✨ The Interoperability Landscape ✨
With token:
✦ @axelarnetwork (PoS chain with a dynamic 75 validator set)
✦ @wormhole (13/19 T-Schnorr TSS/multisig maintained by Guardians)
✦ @PolyhedraZK (ZK-powered light clients)
✦ @Entanglefi (PoS-based Oracle chain for interop and data feeds)
✦ @Chainlink CCIP (DON-based messaging solution)
✦ @Picasso_Network (IBC Expansion beyond Cosmos)
✦ @OmniFDN (Eigenlayer-based interop solution, token launching today)
Without token:
✦ @LayerZero_Labs (transport layer for cross-chain messaging protocols)
✦ @union_build (the sovereign zkIBC interop layer of the modular stack)
✦ @Hyperlane_xyz (modular transportation layer with customizable security)
✦ @Polymer_Labs (zkIBC)
✦ @labs_electron (zkIBC)
👉 What are you bullish on? Why?
👉 What are you farming? Why?