The CURL protocol, developed by the Blueshift and OccamX teams, addresses the current disadvantages of liquidity fragmentation caused by bridges and L2 solutions, all to unlock deep DeFi liquidity.
Distribution of synthetic assets. The protocol addresses the problem of multiple bridging solutions deployed across multiple networks and layers, resulting in fragmented liquidity of the underlying assets. Each solution creates its own version of resources, leading to confusion and inefficiency. CURL aims to unify this fragmented liquidity by providing a standardized approach to representing assets across different chains and layers.
Fragmentation of cross-chain liquidity. As the number of alternative Tier 1 and Tier 2 solutions increases, liquidity becomes fragmented, preventing cross-chain liquidity from reaching its full potential. CURL aims to overcome this fragmentation by ensuring that synthetic assets remain fungible when transferred between chains using bridges. By increasing liquidity and reducing slippage, CURL aims to improve price discovery and the overall user experience.
Deteriorating user experience. Connecting new users to networks using multiple bridging solutions can be complex and confusing. CURL aims to simplify this process by providing a standardized method for migrating assets between different networks and layers.