The market has not yet fully recovered from the massive FUD of many tier-1 projects disappointing their users with their airdrop distribution, not to mention the flood of various clickers and mini-apps. EYWA The project made headlines when it announced the end of the first season of its airdrop program. The program was exceptionally generous with its distribution, offering active users a 20x to 30x return on investment. Now, anyone who traded on Transverse curveAnd can check their wallets here.
The project team also presented its “Llamaville” mini-app and announced the launch of the second season of their airdrop program, which will reward both social and on-chain activity. The EYWA team will be announcing the details of the CrossCurve on-chain activity soon, so keep an eye out for announcements on their social channels.
Regarding the Mini-application, Llamaville is a comprehensive educational app. It immerses users in the world of crypto with all its excitement and allows them to go through all the stages of growth: from fear and greed to success, without risking real losses. At this stage, the app is in beta testing and is only accessible by invitation. An invitation code can be obtained in the EYWA Telegram and Discord communities.
Why is EYWA worth paying attention to?
The project has already attracted $7 million investment renowned VCs such as Fenbushi Capital, GBV Capital, Big Brain Holdings, Marshland Capital and Mulana Ventures, as well as lead investor Michael Egorov, the founder of Curve. The project team is actively working on cultivating new connections and partnerships, regularly participating in the largest crypto events.
All of EYWA’s achievements and ambitions are driven by the magnitude of the solution the project offers to the universal DeFI problem — liquidity fragmentationIt’s no secret that DeFi crypto assets are highly fragmented across L1 and L2 networks, and moving liquidity between them comes with significant financial and time costs (not to mention the risks of a bridge failure or hack). However, EYWA solves this problem by using the consensus bridge.
EYWA Consensus Bridge is Curve’s official cross-chain data aggregation protocol, eliminating the reliance on a single bridge when moving large volumes of liquidity. The ecosystem’s main product is the DEX Cross Curvewhich facilitates low-slippage cross-chain asset swaps and creates a unified cross-chain liquidity market by aggregating Curve’s existing pools (over $2 billion TVL). By combining Curve pools for optimal slippage, the EYWA team creates a bridge consensus that ensures users’ security against the risk of hacking. If any of the bridges used during the swap are compromised (leading to a data mismatch), the transaction will be suspended and users will be able to recover their funds on the original chain.
This seems like it has a lot of potential, doesn’t it? Especially considering the uniqueness of the technology above. That’s why we’ll be keeping an eye on EYWA. And in the meantime, be sure to subscribe to their social media channels and participate in their airdrop program.
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