Exploring Account Abstraction and Chain Abstraction in DeFi with Connext

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High Rollers:

A concept we’ve been hearing a ton about (and I’m sure you have too) is Account Abstraction.

Basically, instead of using metamask for your wallet you’ll have a smart contract wallet which can do tons of custom operations and can initiate / conduct TXs without the need for an EOA (aka MetaMask/signer).

We’re very bullish on AA.

Similarly, we’re excited about chain abstraction👀

Imagine interacting with a dApp and not knowing (or caring) which chain you were on. You just want the cheapest fees & best liquidity.

Connext is bringing this reality to the forefront of DeFi UX.

In todays convo with CTO Rahul, we dive into this concept and…

* How Connext is shaping cross-chain governance and making it easier for DAOs to operate in several execution environments

* Where this new xERC20 standard comes in and why they are so convicted in the positive effect of its adoption

* Rahul’s overall opinion on the state of bridging and cross-chain DeFi

Hope you guys enjoy this one!

Cheers,

Andy

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* 12%+ APY on ETH?? Toros Finance Step-By-Step Guide Done For You

* Scalability on Starknet: RabbitX Decentralized Perpetuals

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⚠️ DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. At certain points throughout this post, we might get commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.

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ETHCC Convos: Abstracting Away DeFi Complexities To Make a 10x Better UX with Connext

The Rollup