Quote from: ELbeee on Today at 02:06:35 PM

The current state of DeFi can be quite fragmented. Different blockchains and Layer 2 solutions have their own assets and liquidity pools, which makes it cumbersome to move things around and access everything in one place.

Recently, I came across zkLink (ZKL) on X and their approach to this challenge really caught my eye. Their goal is to unify liquidity and assets from various sources (Ethereum, Layer 2 rollups) into a single platform. This means developers can build dApps that have access to everything in one place, and users can enjoy a smoother experience without having to worry about managing assets across multiple chains.

zkLink has built an ecosystem with over 60 partners, including leading funds and partners in the crypto industry like Coinbase Ventures and Arrington Capital, which have cumulatively invested over $23M in the development of the zkLink ecosystem.

I'm impressed by this innovation, but I'd love to hear your thoughts on this project. Do you think it has the potential to streamline DeFi and make things easier for everyone involved?

The idea behind zklink is to move liquidity from decentralized to fully centralized. This is an awful idea considering that once the platform gets hacked and it's over. Overrated project. VCs were only investing because they received a pre-sale price that was several times lower than the market price, or they received tokens in exchange for their investment in this shit. VCs wil dump on your ass soon.

They cannot even create a proper platform. This isn't even an innovation since it was only putting liquidity into the centralization. People never mentioned that layer 2 used their own liq pool as their primary concern but they were always talking about the fees. As long as the fees are reasonable and cheap. That is enough. I think we don't even need this thing.

The only dumb people who would try to buy this shit when it was listed on an exchange site. The airdrop participants are prepared to dump their tokens on your ass. When CB invested in a project, they rarely saw a positive ROI. This is why i avoid to invest in the project followed by CB.

I'm always skeptical of the projects in which Coinbase has invested. Developers can also access liquidity on layers A and B. This idea appears ridiculous. If liquidity becomes centralized, users will be screwed when it is hacked.