Saga Announces Launch of Liquidity Integration Layer (LIL)

Bittime - SAGA has just announced the launch of Liquidity Integration Layer (LIL), this article will explain it in detail.

What is Saga?

Saga is a first-generation blockchain platform specifically designed to make it easier for developers to create and run decentralized applications automatically.

With chainlet technology, applications built on Saga can expand infinitely, meeting ever-increasing user needs.

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Saga Announces Launch of Liquidity Integration Layer (LIL)

LIL Saga has successfully automated the solution to complex liquidity composition and fragmentation problems.

The main advantages of LIL Saga

The main advantage of LIL Saga is its automatic access. Developers only need to create a chainlet, and automatically, the chainlet will be equipped with all the advanced features of LIL without the need for additional settings.

Saga Liquidity Fragmentation

Saga has designed a system that allows developers to easily request additional computing capacity (chainlets) through simple transactions.

Validators in the Saga network automatically monitor and fulfill these requests without the need for manual intervention.

This automatic mechanism makes the application scaling process in Saga very efficient, comparable to the convenience of requesting an additional item.

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Saga Liquidity Integration Layer

Saga Liquidity Integration Layer (LIL) acts as a bridge between various applications in the Saga ecosystem. Every new application created in Saga will automatically integrate with LIL.

This allows these applications to interact and share resources, such as digital tokens, services, and data, with other applications, both inside and outside the Saga network.

LIL's Four Innovative Products

LIL is an integrated system consisting of four main components:

Auto Bridge

Allows data traffic to flow smoothly between LIL and various chainlets.

Router

Manage the direction of liquidity traffic to the most efficient point.

Middleware

Automates the process of sending data between various system components.

Hook

Enables smart contracts on different chains to communicate with each other.

Conclusion

By combining four cutting-edge innovations, LIL Saga has created a unique liquidity integration layer. This innovation allows LIL Saga to automatically solve liquidity composition and fragmentation problems.

The following is an explanation of the SAGA update which has just announced the launch of the Liquidity Integration Layer (LIL), this article will explain it in detail.

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