intention narrative
Not long ago, Georgios Konstantopoulos, CTO and researcher at the well-known crypto investment institution Paradigm, complained on Twitter about the poor and fragmented experience of the existing Chain+Asset model, which also revealed the pain points of many on-chain users. At the same time, he also believes that existing encryption infrastructure needs to think for users, rather than letting users think, otherwise it will lead to the loss of users.
In fact, Paradigm is the earliest proposer of intention as the core narrative. This narrative direction is promoting the evolution of on-chain applications to be simpler and easier to use, and has high hopes in helping the Web3 world reach a wider user group.
From the original meaning of intention, it refers to the idea of wanting to achieve a certain purpose, such as I want to buy a certain product, I want to go somewhere and do something. These are all intentions constructed in the mind, and when we generate intentions , we seem to be thinking about how to realize this intention at the same time.
In the Web2 world, through some third-party service providers, the Internet and APP, a basic architecture centered on intent can be built. They are trying to help us realize our intent at the lowest cost. For example, online shopping is one of the best examples of simplifying intentions. When we have a shopping intention, we may not need to go to the location of the product to purchase it in person, but directly communicate it through APPs and the Internet. Your intention will be realized by a series of third-party service providers (logistics, shopping platforms, merchants, etc.) on your behalf. As a consumer (intent generator), you only need to sit at home, select the goods, pay for the purchase, and wait for harvest.
But in the on-chain world, this does not seem to be easy to achieve. As an intention proposer, the fragmented chain world usually requires us to play the role of executor at the same time. For example, when an operation involves two chains, I not only need to ensure that there is Gas in both accounts, but also need to use cross-chain bridge, frequently interact with contracts, pay Gas, etc. It can be seen that in order to realize the intention, a series of on-chain operations are usually derived. Likewise, this will be a great challenge for traditional investors who are accustomed to "fool-style" operations.
The most intuitive, the purpose of intention narrative is that can be similar to the Web2 world. Users only need to express their intentions to the application, and the solver (intention executor) helps the user to decentralize to perform a series of complex operations in a standardized way, ultimately helping users achieve their intentions. The intent-centered architecture plays the role of intent executor. They encapsulate and automate the intermediate steps, optimizing the cost of time and money.
Projects worthy of attention on the intended trading track
Web3 operating protocol dappOS is one of the projects in the direction of intention narrative. It builds a system architecture with transaction intention as the core. Build an intent-centered architecture through unified accounts and dappOS Network. In the new v2 version, dappOS further makes it easier for users to manage their on-chain assets and seamlessly execute complex transactions under the decentralized nature of DeFi through new features such as unified accounts, support for task dependencies, and a bidding system. Implementing CeFi's user experience dappOS may break the dilemma of the Chain+Asset model.
Leading crypto investment institutions including IDG, Binance Labs, Sequoia China, OKX, etc. are also trying to develop early expansion and layout in the field of intention storytelling by investing in dappOS.
dappOS: an operating protocol centered on transaction intent
The dappOS operation protocol is similar to an intent execution layer, and also includes a front-end SDK that plays the role of a solver to provide users with features such as unified accounts.
The back-end dappOS Network is composed of distributed nodes (entrusted transaction tasks and service nodes responsible for rewarding and punishing super nodes and executing transaction tasks). When a user communicates their intent to dappOS, the super node delegates the task to the service node and the latter performs the transaction task. Currently, service nodes can earn revenue and compete in the bidding and billing system launched in dappOS V2 to better provide services for intended transactions.
From the user side, in dappOS v2, users can easily manage multi-chain assets based on the dappOS unified account, and can achieve seamless interaction with each Dapp with one click through signatures. It provides the basis for automating complex workflows and can Combined into seamless flows during workflow processes.
For example, when we create a unified account through dappOS Wallet, the specific asset balance displayed is usually the sum of the asset balances of multiple chains. For example, the 0.1404 USDC displayed by dappOS Wallet in the figure below is the sum of the Polygon and Avalanche account balances.
When trading, you only need to pay attention to the total balance of the multi-chains displayed (no need to switch back and forth between multiple chains). When making transactions or payments, you can perform one-click payment based on a unified account without complex multi-chain operations. When a certain balance in an account on a single chain is insufficient, the system will automatically use other assets to offset it.
In addition, dappOS v2 further realizes chain abstraction by folding the barriers between chains. It supports one-click implementation of more complex steps involved in transaction operations between multiple chains. For example, it can be set to make an on-chain payment. You can intelligently use assets from multiple chains such as Avalanche, Polygon, and BNB Chain to pay through a unified account.
Projects integrating dappOS can also be combined with each other based on this feature, such as lending assets from BENQI with one click, opening a contract on Perpetual, and returning them from any chain. Traders can combine richer trading strategies and increase returns, and on-chain applications can further realize more combinable gameplay.
Based on dappOS,Dapps and public chains will be able to achieve seamless connection with hotspots. Users only need to store assets in the dappOS ecosystem, and they can achieve seamless connections with all ecologies through dappOS Wallet, and participate in all hot spots quickly and conveniently. This also makes the dappOS ecosystem It has extremely high retention rate and user stickiness. Since its launch in September, dappOS v2 has attracted more than 30,000 active users.
At the same time, for public chains and dApps, dappOS has accumulated a rapidly growing user pool and traffic through an intent-centered transaction experience, which is also helping public chains and dApps to rapidly grow ecologically, and smoothing the gap between users. For example, Perpetual Protocol added 17,200 new users and 89,900 new transactions in a single month after integrating dappOS v2.
Currently, more than 20 leading protocols and chains, including GMX, Perpetual, Avalanche, MakerDAO, zkSync, etc., have reached cooperation with dappOS and integrated dappOS technology.
With the first official version v2 of dappOS launched in early September this year, there are now several use cases including Perpetual, Benqi, QuickSwap, Stader, etc.
Currently, dappOS has also added support for the Manta Pacific network, and Manta Network announced the MantaFest Odyssey event. Complete tasks and explore ecological projects on Manta Pacific for a chance to receive Manta token airdrops.
Users can use dappOS Wallet to achieve one-click interaction with Manta Pacific through the wallet front-end without having to manually cross chains or care about which chain the funds are on. This new method also reduces the fee rate by 85% on average. above. Currently, interacting with Manta Pacific through dappOS Wallet is becoming the most convenient and lowest-cost method of interaction. Users are also expected to earn new airdrops from the dappOS reward system when they interact with Manta Pacific with one click using the dappOS Wallet.
Airdrop expectations
It is worth noting that, dappOS has also launched a reward system not long ago. Users who have contributed to the ecosystem through on-chain interactions with DApps integrating dappOS V2 can Receive long-term rewards and future airdrops (branded airdrops). Previously, DAppOS V2 X Perpetual has issued the first batch of rewards to interactors, and some interactive users have received 1000 U rewards.
Currently, with the launch of QuickSwap, Stader, etc. on dappOS v2, and dappOS including further support for emerging networks such as Manta Pacific, the dappOS reward system is expected to issue larger long-term rewards in December.
Please refer to the official documentation for details (read the original text)
dappOS V2 interactive evaluation
QuickSwap on Manta: The fastest and cheapest way to interact with Manta
quickswap.dappos.com/swap
For specific operation steps and tutorials, please refer to this document:
docs.google.com/document/d/1PXB5VHHdCeCgHxvdqKwvxTYmYlgO1v1FCB0IJEv6kLs/edit?usp=sharing
QuickSwap, which currently integrates dappOS v2, already supports the Manta Pacific network. The original chain can choose any network supported by dappOS (Polygon, BNB Chian, Arbitrum, etc.). For example, when swapping between the three currency pairs WETH/USDC/USDT, a Manta Pacific button will appear. Users can choose to click this button and directly interact with the Manta network with one click, without manual cross-chain, and the fee rate is reduced by 85 %.
Perpetual Protocol
perp.dappos.com/markets
Currently, users can conduct derivatives transactions on Perpetual through dappOS Wallet, such as long on-chain assets such as Ethereum and liquidity mining.
It is reported that since the integration of dappOS V2, Perpetual Protocol has added 17,200 new users in a single month, and the number of transactions has increased by 89,900, and the active user data of dappOS Perp has also performed well in the long term.
Specific operation tutorial reference document: docs.google.com/document/d/1HwVvRwLGM-osB-kCFpj9khkCMq4yZuxYj49HFX8qYX8/edit?usp=sharing
BENQI
benqi.dappos.com/Markets
Currently, users can borrow, pledge for mining, and one-click recursive staking (similar to revolving loans) on Benqi through dappOS Wallet, with a yield of about 10%.
Assets borrowed from BENQI can also be used seamlessly on other dApps (multi-chains) in dappOS V2 accounts. For example, first borrow USDC from Benqi. After the loan is successful, you can see the borrowed assets in the dappOS unified account, and complete the derivatives transaction according to the above-mentioned Perpetual interaction example. This process does not require manual bridging to Optimism (multi-dapp combination method to obtain dappOS rewards). , the reward is doubled).
For specific interactive tutorials, refer to the document tutorial: docs.google.com/document/d/1ewhxmUWe4AgdN9lWVzy5Qm432ZMCkkjNFJ0tMbkHlIU/edit?usp=sharing
Interaction strategy suggestions
In general, judging from Perpetual Protocol’s previous airdrop reward rules, transaction volume is a major factor in obtaining the number of airdrops. Therefore, among the above-mentioned applications currently online with dappOS v2, it is recommended to use various transaction methods to maximize interactive transactions. frequency and transaction volume.
At the same time, dappOS v2 encourages combined transactions between different dapps, which is expected to double the interaction incentives. For example, after borrowing assets through Benqi, you can trade again in several applications such as Perpetual and QuickSwap through dappOS Wallet (no need for more Chain switching, lower operating threshold).
In addition, users’ transaction volume in dappOS v2 will be used as a long-term airdrop indicator. For example, the transaction volume accumulated by users in interactions with Perpetual Protocol is expected to continue to play a role in future dappOS official airdrops, so the sooner you conduct transaction interactions to obtain airdrops The greater the advantage of the reward.