Agoric Orchestration API, the groundbreaking framework designed to simplify and optimize multi-chain workflows, has now been available for over a month. It feels like it’s been live for much longer, though, given the significant milestones it’s achieved so far. Join us in summarizing the major developments since the API’s launch and exploring its growing impact on the Web3 world.
Crypto Protocols Racing to Integrate the Orchestration API
Since the API’s release date in the beginning of October, the Agoric team has announced several high-profile partnerships showcasing its potential. Whether for enhancing cross-chain DeFi operations, or improving interoperability between Cosmos, Bitcoin, and Ethereum, Web3 projects are eager to start implementing Agoric’s powerful solution.
Elys Network & Supercharged Multi-Chain DeFi
Agoric and Elys Network joined forced to orchestrate decentralized finance (DeFi) applications and facilitate DeFi interactions across multiple blockchains. Elys Network offers infrastructure for bridging liquidity between chains and enabling efficient asset transfers. By integrating Agoric’s secure smart contract platform, they aim to improve the scalability and security of DeFi applications.
The combination of Agoric’s Orchestration technology and Elys Network’s cross-chain liquidity is poised to expand the capabilities of DeFi, making it more accessible and efficient. This collaboration expands DeFi’s potential by creating a more interconnected ecosystem, benefiting both developers and end-users.
Native Network & Bringing Native Bitcoin to Cosmos
Can you imagine using native Bitcoin in Cosmos, without any bridges or wrapping? It almost sounds antithetical, but Agoric in collaboration with Native Network makes it possible.
This breakthrough is a game-changer for the Cosmos ecosystem, allowing Bitcoin, one of the most widely used cryptocurrencies, to be used natively within Cosmos-based decentralized applications (dApps). It eliminates the complexities of cross-chain interactions, offering a smoother user experience and unlocking greater liquidity and functionality for the DeFi ecosystem. Making Bitcoin natively usable in Cosmos-based dApps will also allow developers to leverage it, without worrying about the complexities of cross-chain interactions or wrapping tokens.
Union & Seamless Cosmos x EVM Interoperability
The partnership between Agoric and Union marks the first step toward EVM orchestration within the Cosmos ecosystem. Agoric’s platform for JavaScript smart contracts, combined with Union’s cross-chain solutions, is to create a more flexible ecosystem that supports both Cosmos-native and EVM-based applications.
This collaboration allows Cosmos blockchains to run Ethereum smart contracts, enabling developers familiar with Ethereum to build and deploy decentralized applications (dApps) within the Cosmos ecosystem. By supporting Ethereum tools, libraries, and protocols, this partnership aims to attract Ethereum developers and further strengthen the multi-chain ecosystem.
Rise In & Advancing the Multi-Chain Development
Agoric has also teamed up with Rise In, a leader in developer education and support, to help build the next generation of decentralized applications. This partnership focuses on providing developers with the tools and resources to create applications that can seamlessly operate across multiple blockchains.
The Agoric Fast Hack Series, a series of hackathons and training sessions, will equip developers with the skills to build and deploy decentralized applications on multiple chains. This initiative is a key part of Agoric’s mission to accelerate blockchain adoption and foster a community of skilled dApp developers.
BLD Listed on Coins.ph
One of the most important achievements of the past month is the listing of BLD, Agoric’s native token, by Coins.ph. While exchange listings might seem like a routine update, this is a major milestone for the Agoric ecosystem.
BLD is not just a token—it’s the backbone of Agoric’s Orchestration API. As the native token of the Agoric blockchain, BLD ensures the security and proper functioning of the Orchestration platform. It incentivizes validators to run the network and empowers community members to participate in governance.
What distinguished Agoric’s Orchestration technology from other similar solutions in the crypto world is its focus on security. And since BLD anchors security on the Agoric blockchain, which in turn underpins all Orchestration contracts, we can safely say that BLD is what fuels and powers the Agoric Orchestration.
The listing of BLD on Coins.ph expands its accessibility and strengthens the broader Agoric ecosystem. As Agoric’s Orchestration capabilities continue to grow, BLD will play a critical role in driving the future of multi-chain interoperability, bridging communities, liquidity, and use cases.
We at DCF cheer for every new initiative aimed at popularizing BLD and growing the community that uses it and recognizes its enormous potential. BLD plays a paramount role in shaping Agoric’s future and boosting its Orchestration capabilities. Thus, it is the crypto token that’s about to propel blockchain technology’s unprecedented interoperability and multi-chain future. It is also the asset that will put an end to crypto tribalism and fragmentation by unifying communities, liquidity, and use cases.
If you’re interested in building a cross-chain application, Agoric’s documentation will be your most trusted resource.
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