Account abstraction (AA) will change how users interact with decentralized applications (dapps). Timeless, Pimlico, Web3 Analytic and Linea have joined forces to power the AA wave of Linea’s DeFi Voyage to pave the way for wider adoption. Account abstraction increases flexibility in the management and behavior of Ethereum accounts by introducing account contracts: special-purpose smart contracts that define and manage a user’s Ethereum account, also known as smart accounts (SA).The Challenge ...

In the world of decentralized applications (dapps), providing users value requires innovation, utility, and a seamless user experience. At Plena Crypto Super App, we've integrated these elements to create a unique product. Let’s dive into what makes our dapp distinctive and why we chose Linea as our network.What is Plena Crypto Super AppPlena Crypto Super App is an all-encompassing platform designed for the modern crypto enthusiast. It simplifies managing digital assets, offering feature...

User experience (UX) in web3 stands to improve a great deal as the ecosystem continues to grow. =Compared to the web2 apps we are all used to, the web3 UX can be complicated, error-prone, unfamiliar, and burdened by concepts such as seed phrases, transactions, and gas fees. Account abstraction is a change to the current model that aims to abstract away the details of blockchain from users and enable a web3 user experience that is seamless, delightful, and rivals the best of web2. In this arti...

PADO is an innovative network that makes internet data available in web3 smart contracts. The availability of this data expands the capabilities of smart contracts, and enables the monetization of personal data within a privacy-protected framework. In response to an increasing demand for data ownership and heightened privacy, there arises a necessity for a conduit that facilitates the shift from closed platforms to a more open internet, and PADO aptly addresses this requirement. Diverging fro...

Decentralized finance (DeFi) has created an alternative financial system that is both inclusive and widely available. With its “stackable” legos of functionality, it has not only replicated many of the trading products of traditional finance but has created new primitives that weren’t possible before. However, these DeFi trading products can be complex and difficult to understand. Along with the power of DeFi comes the responsibility of understanding the products before using them. To prepare...

zkPass is a privacy-centric data protocol that facilitates secure verification without compromising personal data. It is built on the foundation of Multi-Party Computation (MPC), Zero-Knowledge Proofs (ZKP), and three-party Transport Layer Security (3P-TLS). The protocol’s feature, TransGate, enables users to selectively and privately validate their data from any HTTPS website to the web3 world. This validation can be applied to various data types such as legal identity, financial records, he...

What are Linea Voyage XP (LXP)?Voyage XP are non-transferrable soulbound tokens distributed to recognize the community’s extraordinary contribution toward the growth of the Linea ecosystem. Whether you are a user, a startup, a dapp, or a member of the Linea team, this token will recognize and validate your commitment to Linea’s growth.What are the benefits of LXP?Voyage XP do not have any monetary value. Be cautious of scams: Voyage XP are non-transferable and not bridgeable to other networks...

Ahoy, Linea DeFi Voyagers! We want to introduce you to XFAI, a next-generation Decentralized Exchange (DEX) on Linea. XFAI aims to revolutionize the Decentralized Finance (DeFi) landscape. XFAI is not just another Uniswap fork, it’s a unique architecture with a brand-new set of features. XFAI is creating a reputation within the Linea network for having the lowest gas fees of any DEX on Linea. They have attracted over $2M in total value locked (TVL), comprising over 6% of Linea’s total DeFi TV...

Liquidity provision and yield farming in decentralized finance (DeFi) are critical to understand. Liquidity provision is the backbone of DeFi, allowing for token swaps, loans, and composability of complex DeFi instruments. Yield farming allows users to earn the higher yields and rewards for which DeFi is known. But both concepts come with risks that are important to know before participating. Let’s look at liquidity provision and yield farming in detail, how they work, their risks, and how yo...

Welcome to our partner spotlight for today, where we look at zkUSD, a dynamic player transforming the landscape of Decentralized Finance (DeFi) on Layer 2s. This breakthrough stablecoin is not your run-of-the-mill protocol; it advances to a new paradigm, establishing a unique Layer 3 that brings compliant and privacy-focused transaction settlements. Situating itself prominently within DeFi's L2 dynamics, zkUSD pushes the boundaries of what's achievable in the blockchain world, marry...

Gm Linea Fam, We hope you have been having fun on this journey to learn about decentralized finance (DeFi) with us through the Linea DeFi Voyage. As part of Wave 4, focused on lending and borrowing, today we spotlight Mendi Finance, a native lending protocol on Linea. Mendi is a real-yield protocol where all the protocol revenue is distributed to the stakers. What sets Mendi apart is its unique flywheel mechanism, built with its partner ve33 DEX, Velocore.Understanding Mendi’s ModelMendi cate...

Lending and borrowing are the core of decentralized finance (DeFi). For the ecosystem, they provide liquidity to the market, ensure that capital is being used efficiently, and are the springboard for innovative products such as flash loans. For users, lending and borrowing provide them with traditional finance tools such as interest and liquidity, with all the added benefits of decentralization. Let’s look at the details of how lending and borrowing work in DeFi, the key terms you need to kno...