⚫Getting Started with ZeroMile

Welcome to the ZeroMile Documentation Center! Dive into comprehensive explanations of the principles that drive the ZeroMile. Access user guides, developer tools, and much more.

What is ZeroMile?

ZeroMile is the first concentrated liquidity Layer for DeFi. It is a modular, extensible, and composable protocol that enables chain-agnostic DeFi applications. ZeroMile abstracts away the underlying complexity of chains, allowing users to interact with various defi protocols without having to worry about the underlying chain.

A key mechanism of ZeroMile is the Credit Intent System(CIS). CIS essentially creates an open marketplace for execution agents (solvers) and on-chain user-requests (signed authorizations of user-intents), where solvers compete to settle user requests cross-chain.

As an Actively Validated Service, ZeroMile is backed by economic security of eigenLayer/Karak where operators will be attesting the user's intent.

The Problem

For Protocols:

Protocols expend exorbitant sums (in billions) to attract/retain liquidity
Growth of protocols are limited to the underlying chains liquidity and users.
Protocols have a fomo to launch multichain, doing so leads to fragmented liquidity and users on each chain.

For users:

Scattered funds across blockchains require multiple steps to consolidate funds and deploy cross chains.
Broken user experience from searching and trusting new applications to use for bride, swap, holding gas.

What user wants: User ->sign transaction on target application (2 approvals/clicks, 2-3 seconds)

What user gets: User -> swap token -> finds bridge -> bridge token -> bridge gas -> swap token -> sign transaction on target application ( 10-15 approvals/wallet interactions. 20-30 mins)

The Solution: ZeroMile

Zeromile is an application that enables dapps to launch chain abstracted applications. The liquidity layer removes the complexity for interacting with multiple applications and components in blockchain for users and allows them to access applications from the blockchain of their choice.

Applications can launch their frontend on any chain and accept user deposits on their currently deployed chains without fragmenting liquidity or investing time and effort to launch completely on a new chain without any substantial benefit.

Zeromile Technical Architecture

ZeroMile functions as an actively validated service on Ethereum network that interprets user intent from the ZeroMile Service Manager on any integrated blockchain. It then executes transactions on the destination chain.

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Last updated 1 year ago