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Starknet 🐺🐱· 2025-12-12 15:53
Technology & Innovation - Bridging is currently broken, intents aim to fix it [1] - Standard transactions require manual bridging of USDC from Arbitrum to Starknet, followed by a swap [1] - Intents focus on desired results, such as converting USDC on Arbitrum to ETH on Starknet [1] - Solvers, third-party agents holding liquidity on Starknet, compete to fulfill orders [1] - The winning solver instantly sends funds on the destination chain and is compensated from the source funds [2] - NEAR calls this chain abstraction [2] Market Impact & Potential - Chain abstraction allows users on one chain (e g Solana) to interact with applications on another (e g Starknet) seamlessly [2] - This facilitates free flow of liquidity and capital across networks [2] - The technology could potentially route $5 billion (5 billion USD) of volume directly to the ecosystem [2] - NEAR intents are soon to be live on Starknet [2]