Tria’s Unchained Introduces Chain Abstraction to the Injective Ecosystem

New York, United States – July 30, 2024

In a significant advancement aimed at enhancing the Web3 experience, Tria has launched ‘Unchained,’ a modular chain-abstraction infrastructure designed to simplify the current chaos of asset management in Web3. This new offering aims to facilitate a smoother user experience on the Injective blockchain.

The rapid emergence of new ecosystems has resulted in a cluttered environment, where managing multiple wallets, varied assets, and tools specific to different blockchains has become increasingly complicated. With Tria’s technology, users can access any asset on any decentralized application (dApp) across different chains without the need for additional wallets, bridging, or gas tokens – all made possible through chain abstraction.

Tria now introduces this seamless chain-abstraction feature to the Injective ecosystem, recognized as a leading interoperable Layer 1 blockchain. This initiative is designed to eliminate the complexities of Web3, enhancing user interaction within the Injective environment, which boasts over 800 million on-chain transactions and a fully diluted market cap of $2.5 billion.

Unchained is constructed as a modular, chain-abstraction AVS Layer 2, built using the Cosmos SDK, and comes with dual-execution EVM compatibility. This innovative framework enables users to access assets and dApps across hundreds of chains, providing a centralized exchange-like, real-time experience in the Web3 space.

Key Features of Tria’s Unchained for Injective:

• Effortless Onboarding: Users can log in using single sign-on (SSO) or connect previously unsupported wallets like MetaMask or Phantom, eliminating the need to create new wallets for Injective.
• Unified Asset Management: Navigate and utilize any asset from both EVM and non-EVM blockchains through a single interface.
• Seamless Trading and Staking: Users can trade or stake using any asset without the hassle of complex bridging processes.
• Gas Token Flexibility: Injective gas fees can be paid with any token from any chain through gas abstraction.

"This integration will revolutionize the user experience by allowing seamless interaction with any asset on any dApp across any chain," stated Eric Chen, CEO and co-founder of Injective Labs. "Users will no longer be burdened by the intricate processes of switching wallets, bridging, or managing gas tokens, as all of this is efficiently handled within Tria’s Unchained framework."

In the upcoming months, chain abstraction will be progressively implemented within the Injective ecosystem, which aims to create top-tier, UX-first Web3 applications. Leading dApps in the Injective ecosystem, such as Helix, DojoSwap, Hydro Protocol, Neptune Finance, Injera, SA World, Kakeru, and Sushi Fighter, are already involved in this initiative. These integrations will empower users to effortlessly access a range of dApps with any asset from any chain, thereby paving the way for a truly unified DeFi experience. This collaboration aims to streamline the creation of Cosmos wallets, the bridging of assets to Injective, and the acquisition of gas tokens, representing a major shift in the DeFi landscape.

Vijit Katta, Co-founder of Tria, expressed, "We are witnessing an industry-wide transformation, with major ecosystems recognizing the necessity for app-layer chain abstraction that enables users to utilize any asset on any chain without the complications of multiple wallets, bridges, and gas tokens. Chain abstraction is now essential, and we are excited to bring this vision to life with Injective."

About Tria

Tria is at the forefront of chain-abstraction innovation, empowering users and developers to navigate the entirety of Web3 without the typical friction associated with user experiences today. Developed in stealth mode by crypto enthusiasts and supported by early investors, Tria is excited to unveil a significant progression in enhancing the finance user experience on Injective.

For updates on what chain abstraction will bring to the ecosystem and the broader Web3 landscape, users can connect with Tria and Injective on social media.

Contact:
Vijit Katta
Co-Founder, Tria
Email: [email protected]