Mantis is incredibly happy to announce its partnership with bloXroute, a leader in providing services for mempools, block streaming, and DeFi performance. In this collaboration, the two protocols will be sharing user intents, and collaborating to provide solutions for them:

  1. bloXroute will be using Mantis to process their orderflow between Ethereum and Solana

    a. Mantis will then settle these intents, either cross-chain or on Solana, as needed

  2. Mantis will be using bloXroute as a potential solution route to user intents

This partnership thus involves a commitment to process approximately $1.5 billion in volume. This provides a strong kickstart to the Mantis framework; the more volume being processed, the more order matching can occur (further resulting in better execution), and the more that solvers and other actors in our system can earn from performing their roles.

About the Collaboration

This collaboration involves two main initiatives:

1. Routing Ethereum<>Solana Intents from bloXroute to Mantis

Through the present collaboration, all bloXroute trades from Ethereum to Solana and from Solana to Ethereum will be routed through Mantis. Then, solvers on Mantis will fulfill these intents in a manner that is, depending on what is needed, either:

  • Cross-chain, or

  • On Solana

This positions Mantis to process a large volume of trades; over 300 projects use bloXroute, collectively sending over $1.5 billion in daily transaction value. In exchange for participating in this collaboration, bloXroute will receive a portion of revenue from Mantis transaction fees.

The Mantis framework will then be able to deliver optimized settlement for these trades from bloXroute, as facilitated by solvers and the rest of the Mantis architecture. This includes use of the Inter-Blockchain Communication Protocol through the Picasso Network, which enables cross-chain capability between Ethereum and Solana.

2. Routing Mantis Intents to bloXroute’s Ethereum Solvers

Similarly, Mantis will also be sharing intents with bloXroute, allowing bloXroute’s Ethereum-based solver network to resolve these intents. This will broaden the overall solution space for user intents/transactions submitted through Mantis or bloXroute, providing better execution.

This collaboration will also result in bidirectional orderflow between Mantis and bloXroute. Increased orderflow will further help to bootstrap the Mantis ecosystem, increasing the chances of order matching along the Coincidence of Wants principle and providing greater incentive-earning opportunities for solvers and other key protocol participants.

About bloXroute

Created in 2018, bloXroute is the first and fastest blockchain distribution network, delivering enhanced-speed transaction and block propagation, mempool services, routes for pools and validators, and more. This effectively makes bloXroute a superhighway with uncongested performance. Moreover, bloXroute makes it easier for traders and developers to participate in web3 by providing networking infrastructure.

A number of products are offered by bloXroute. At their core is bloXroute’s blockchain distribution network (BDN), which sends and delivers blocks/shreds quickly for blockchains including Ethereum and Solana. Projects built upon the BDN include:

  • Gateway: open-source software that serves as an entry point for the BDN

  • Gateway-API: an application programming interface to send commands to the Gateway

  • Cloud-API: a mechanism to access the BDN without a Gateway or running a node

  • Streams: data streams that can be subscribed to over a websocket connection

  • Transaction fee services: insight into the lifecycle of a transaction

  • Integrations: connections with infrastructure like node as a service providers to allow them to access bloXroute’s high speed network

Mantis is very pleased to be working with an impactful innovator like bloXroute, and we look forward to seeing the benefits of this collaboration be realized. We truly believe that this partnership will drive continued significant orderflow on Mantis, delivering benefits of this cross-chain intent settlement framework to all of the trades involved.

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发布时间:2024-07-18 17:18:36