Day 1 of yapping
@moremarketsxyz till I hit 1M followers
MoreMarkets’ core technology is built to enable trust-minimized cross-chain liquidity and yield aggregation without forcing assets to leave their native. The key components of the infrastructure include:
- Non-custodial vaults
Users deposit assets into smart contract vaults on the asset’s native . These “MoreVaults” lock the assets securely and serve as the source of truth for balances. For non-smart-contract chains , the project uses NEAR Protocol’s Fast Finality Layer (NFFL) and chain signature oracles to create vaults and verify deposits without a native smart contract. This allows even UTXO-based or older chains to participate.
- Cross-Chain Messaging
Upon deposit, an equivalent “MoreAsset” token is minted on a destination chain where yield opportunities exist. MoreMarkets employs a modular cross-chain messaging system to facilitate this, including integration of Wormhole’s guardian network as a core messaging layer. Wormhole relays lock/mint events across chains with high security. The messaging framework is hybrid and trust-minimized, also incorporating protocols like an Omni bridge and NEAR’s NFFL for redundancy
- Yield Aggregation and DeFi Integration
The minted MoreAssets are automatically deployed into vetted yield strategies on their host chain. MoreMarkets essentially automates what an advanced DeFi user might do manually: e.g., supplying liquidity, lending on money markets, or staking, but via a unified interface