After a good sleep, I feel great!
— My ranking has risen to 19
Today, I’ll briefly share my story with LayerBank
Initially, when I first experienced Movement and Plume, it felt like a deserted mountain village,
Neglected and unloved, I gave up after a few days. Until two weeks ago, a friend told me that Movement, Plume, and LayerBank are collaborating.
Actually, I still have a neutral attitude towards LayerBank. It’s not the best, but the experience is pretty good, so I decided to give Movement, Plume, and LayerBank another chance.
When I first started using LayerBank, I didn’t feel anything special, just an ordinary “LayerBank.” I really didn’t expect its operations on Movement and Plume to change my perception.
The most unique feature is cross-chain,
Using ETH on Arbitrum as collateral, you can directly borrow Matic on Polygon with just one click. All other cross-chain, collateral, and borrowing operations are automatically handled by LayerBank’s smart contracts in the background, which is very friendly for lazy people like me.
Moreover, it’s not about developing a multi-chain version but building a “cross-chain liquidity unified layer.”
I perform operations on Chain A, LayerBank locks assets on Chain A, then, after creating a “proof,” it sends it to Chain B(, or even Chain C and D). Chain B verifies the “proof,” and if it’s valid, I can borrow money on Chain B.
It feels like LayerBank essentially creates independent money markets on each chain, but through cross-chain credit, it virtually aggregates the liquidity of these markets. ← Also, @LayerBankFi has truly introduced RWA products, using RWA as an anchor to increase user yields. Although the returns aren’t high,
for someone lazy like me, just lying around and earning money is enough( I’m pretty lazy). The key point is, LayerBank also integrates a robust, cross-chain capable oracle network, with all information synchronized on-chain at high frequency. For example, I deposit money on Movement, borrow on Ethereum, and repay on Polygon—all within LayerBank’s network. It feels like millisecond-level latency. I wonder if upgrading to an i9-14900 would achieve millisecond latency.
Previously, when using public chains, the most annoying thing was waiting—waiting for approval, waiting for funds, and sometimes even lagging behind. It was really frustrating. I never thought LayerBank would change my perception of on-chain banking.
It made me realize a saying: listen to advice, eat well;
Many friends recommended other banks to me before, and I tried them, but they felt no different from my usual experience, so I was too lazy to switch. For a long time, I thought my friends were just trying to fool me. But this time, I was lucky to try LayerBank, and it’s really good—no pitfalls.
#CookieDotFun #LayerBankFi #TEN #CookieFun #Cookie @cookiedotfun @cookiedotfuncn
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