Originally published: Oct 4, 2024

Demether is thrilled to announce our upcoming partnership with LightLink, a cutting-edge L2 blockchain, enabling businesses to operate gas-free and allowing users on their platforms to engage in a secure, user-friendly blockchain network without transaction fee, barriers to entry, or need for any tokens. We will be supporting the LightLink ecosystem and helping them attract and retain capital while onboarding new users to use LightLink.

As DeFi continues to evolve, two major challenges persist: liquidity retention and scalability. Demether, with its mission to onboard the next billion users into passive yields, tackles liquidity by providing blockchain foundations with a zero-cost way to attract and retain TVL. On the other hand, LightLink brings unparalleled scalability to the ecosystem, offering gasless, instant transactions on a high-performance L2 network that integrates seamlessly with Ethereum.

By launching Demether’s capital retention service on the LightLink Layer-2 Optimistic Rollup, we will be offering blockchain ecosystems the ability to grow their liquidity without worrying about high transaction fees or scalability bottlenecks.

Stay tuned and follow us on X to get more updates on this partnership as we continue to build and innovate!

Demether is a TVL-as-a-service protocol that enables blockchain foundations to attract and retain liquidity at zero cost. It is on a mission to onboard the next billion into passive yields via a suite of yield bearing tokens.

The protocol, supported by Animoca ventures, Skyvision Capital, Formless Capital and 19 other partners, is currently in the pre-launch phase. We are targeting to go live by Q4 2024.

The first product to be launched by Demether will be a synthetic liquid restaking token, $demETH.

LightLink is a Layer 2 blockchain designed to connect dApps with millions of users from enterprise partners, enabling instant, gasless transactions for a seamless experience. Built as an optimistic rollup on Ethereum and integrated with Celestia for data availability, LightLink offers scalability, interoperability, and user-friendly features. It exceeds Ethereum’s 15 TPS by processing transactions off-chain and batching them onto Ethereum, reducing gas fees and bottlenecks.

Currently operating at 1,428 TPS with plans to increase to 5,712 TPS, LightLink handles over 400k transactions daily with fees as low as $0.001. Users can pay gas fees in ETH, with the upcoming LightLink token (LL) offering discounted fees. The LL token will also play a key role in Layer 3 network operations. LightLink uses optimistic rollup technology to ensure compatibility with Ethereum and offers fraud-proof incentives to maintain security, making it a fast, cost-effective, and developer-friendly Layer 2 solution.

Originally published: Oct 4, 2024

Demether is thrilled to announce our upcoming partnership with LightLink, a cutting-edge L2 blockchain, enabling businesses to operate gas-free and allowing users on their platforms to engage in a secure, user-friendly blockchain network without transaction fee, barriers to entry, or need for any tokens. We will be supporting the LightLink ecosystem and helping them attract and retain capital while onboarding new users to use LightLink.

As DeFi continues to evolve, two major challenges persist: liquidity retention and scalability. Demether, with its mission to onboard the next billion users into passive yields, tackles liquidity by providing blockchain foundations with a zero-cost way to attract and retain TVL. On the other hand, LightLink brings unparalleled scalability to the ecosystem, offering gasless, instant transactions on a high-performance L2 network that integrates seamlessly with Ethereum.

By launching Demether’s capital retention service on the LightLink Layer-2 Optimistic Rollup, we will be offering blockchain ecosystems the ability to grow their liquidity without worrying about high transaction fees or scalability bottlenecks.

Stay tuned and follow us on X to get more updates on this partnership as we continue to build and innovate!

Demether is a TVL-as-a-service protocol that enables blockchain foundations to attract and retain liquidity at zero cost. It is on a mission to onboard the next billion into passive yields via a suite of yield bearing tokens.

The protocol, supported by Animoca ventures, Skyvision Capital, Formless Capital and 19 other partners, is currently in the pre-launch phase. We are targeting to go live by Q4 2024.

The first product to be launched by Demether will be a synthetic liquid restaking token, $demETH.

LightLink is a Layer 2 blockchain designed to connect dApps with millions of users from enterprise partners, enabling instant, gasless transactions for a seamless experience. Built as an optimistic rollup on Ethereum and integrated with Celestia for data availability, LightLink offers scalability, interoperability, and user-friendly features. It exceeds Ethereum’s 15 TPS by processing transactions off-chain and batching them onto Ethereum, reducing gas fees and bottlenecks.

Currently operating at 1,428 TPS with plans to increase to 5,712 TPS, LightLink handles over 400k transactions daily with fees as low as $0.001. Users can pay gas fees in ETH, with the upcoming LightLink token (LL) offering discounted fees. The LL token will also play a key role in Layer 3 network operations. LightLink uses optimistic rollup technology to ensure compatibility with Ethereum and offers fraud-proof incentives to maintain security, making it a fast, cost-effective, and developer-friendly Layer 2 solution.