New layer provides instant interoperability, fosters automatic composability
SAN FRANCISCO--(BUSINESS WIRE)--Saga, the Layer 1 blockchain protocol to launch Layer 1s, today unveils its Liquidity Integration Layer (LIL). The LIL introduces instant access to liquidity in a unified UX between Saga gaming, DeFi, entertainment and other apps, as well as Saga and other protocols.
Saga's LIL merges node infrastructure and liquidity management into a single, comprehensive product. This unified approach, where both block production and liquidity needs are designed and controlled by the same stack, differentiates Saga from other solutions. The Layer 1’s chainlets are automatically provisioned with permissionless bridging and will immediately connect to the LIL to serve as a liquidity hub, granting instant access to tokens, services, and applications across other chainlets and ecosystems connected with Saga. This holistic design ensures ease of use and practical scalability for developers across various sectors of the blockchain industry.
“Although solutions like chain abstraction and aggregators have tried to solve the persistent issue of liquidity fragmentation, they often require complex manual setups, creating poor developer and user experiences,” said Jin Kwon, Co-founder of Saga. “Saga’s LIL provides developers with a streamlined, efficient and powerful tool for achieving true composability and scalability simultaneously.”
Key Components of LIL:
- Automatic Bridges: Seamless setup and free, gasless operation of bridges within the Saga
- Router (LIL Chainlet): Centralizes and simplifies liquidity routing, simplifying access to external ecosystems already connected to Saga
- Packet-Forwarding Middleware: Facilitates multi-hop bridge transactions
- Cross-Chain Smart Contract Calls: Enables automatic cross-chain execution of transactions across different chainlets and any EVM chain outside of Saga
Given Saga’s vast ecosystem - currently encompassing 380 projects, many of which are already live, and three flagship game titles to be released this summer - Saga’s LIL will have immediate asset flow at launch.
To learn more about Saga and its LIL, please visit www.saga.xyz.
ABOUT SAGA
Recognized as a leading developer ecosystem in crypto and web3 gaming, Saga is creating the developer environment of the future. Its mission is to help creators unblock themselves and build where blockspace is at its most plentiful and simple. Saga was founded in 2022. Early seed investors include Placeholder, Maven11, Longhash, Samsung, Com2uS, and Polygon. Originally built on Cosmos, Saga has furthered its presence by bringing typically disparate but the best ecosystems into its Saga Multiverse through ongoing strategic partnerships.
Saga Origins is the Saga game publishing arm. Launched in March 2024, it aims to build a portfolio of games that will make players think and feel in new ways. Creatively, Saga Origins projects are provocative, like web3, and the titles will push the envelope on what’s considered gaming on all fronts.
To learn more about the Saga protocol, check out our website, litepaper, and developer documentation. Be sure to join Saga’s Discord and Telegram and follow Saga on Twitter for the latest news and updates.
Contacts
Breanne Fritcher
saga@wachsman.com