We've been trapped on this deserted island for too long. To be honest, the first thought that came to my mind when I first saw Malda's proposal was: Someone should have done this a long time ago! Having been in DeFi for so many years, I know all too well how painful the term "fragmentation" is: You deposited USDC on Ethereum and want to borrow on Arbitrum? Sorry, you have to cross-chain first. You have collateral on Base and want to borrow on Optimism? Sorry, cross the chain again. Every time you cross the chain, you have to go through those nerve-wracking third-party bridges. We are like being trapped on individual islands, clearly in the same ocean, yet unable to flow freely. This is the current state of DeFi: fragmented, inefficient, and complex. And Malda says: I want to connect these islands. Cross-chain bridges: a perpetual pain. Why is fragmentation so deadly? Security black holes: Ronin bridge was hacked (600 million dollars evaporated), Wormhole was attacked (320...
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