Owlto Finance

Owlto Finance Introduction

Owlto Finance is a decentralized cross-Rollup bridging protocol designed to securely transfer native assets within the Ethereum network. It supports asset transfers between major Layer 2 networks such as Arbitrum One, Arbitrum Nova, Optimism, zkSync, Starknet, and other Layer 2 decentralized applications (Dapps).

What is the goal of Owlto Finance?

Owlto Finance is dedicated to solving interoperability issues between Layer 2 solutions within the Ethereum network, ensuring that users can freely and securely transfer and use native assets across multiple Rollup networks.

Features of Owlto Finance

• Lower Fees: Asset transfers on Owlto occur between two external owned accounts (EOA) without the need to interact with smart contract addresses, resulting in very low transfer costs.

• Faster Transactions: Owlto enables near-real-time asset transfers without needing to go through the Ethereum mainnet, improving transfer speed.

• Decentralization: Owlto does not require the minting of intermediary assets, fully supporting liquidity in a decentralized manner. Since liquidity providers exist across various Rollup networks, they can leverage the security of the Ethereum mainnet to protect user assets, enabling true decentralization.

• Ease of Use: Owlto provides a simple interface and user-friendly operations, making it easy for users to manage transactions and assets.

• High Compatibility: Owlto supports the transfer of non-smart contract chain assets between different Layer 2 networks on Ethereum. Because no smart contracts are needed on the Rollup network during the asset transfer process, it can seamlessly operate across networks without the need to support different EVMs. This allows users to freely transfer assets between different chains and applications, promoting cross-chain interoperability and enhancing liquidity and connectivity between blockchains.

Technical Architecture of Owlto Finance

Owlto Finance utilizes Layer 2 Rollup technology by deploying smart contracts on different Rollup networks to enable cross-chain asset transfers. This architecture ensures the security and reliability of cross-chain transactions, while also improving transaction speeds and reducing costs.

Owlto Finance Roadmap

In the future, Owlto Finance plans to expand the number of supported Layer 2 networks, increase its user base, and collaborate with more Web3 projects to drive the widespread use of native assets within the Ethereum ecosystem. Additionally, Owlto plans to launch an incentive program to encourage more users to participate in the development of its ecosystem.

Through these features and plans, Owlto Finance is committed to providing users with secure and efficient cross-Rollup asset transfer solutions, facilitating interoperability between different Layer 2 solutions within the Ethereum network.