Introducing Eco: A Full Stack Upgrade for Stablecoins
The Eco Protocol is designed to make stablecoins the most liquid, accessible, and straightforward path onchain.
The Eco Protocol is designed to make stablecoins the most liquid, accessible, and straightforward path anywhere onchain
We believe we can maximize money’s value by bringing it onchain, giving people access to an open financial system with global and instant means of payment. And it’s happening; there are more developers, apps, and users coming onchain than ever before.
But despite huge improvements in people’s onchain experience, it still feels overly complicated to use these apps in the first place — much less manage multiple assets or use them across multiple networks. Until those actions are dead simple — basically one click, wherever you want to go and whatever you want to do — the bar will be artificially high for developers to build the things people want.
Enter Eco. The Eco Protocol empowers developers to offer the most intuitive onchain experience to users, providing a frictionless stablecoin experience that accelerates user onboarding and streamlines money movement across the crypto ecosystem.
System Design: Stables From the Bottom-up
Eco is not a new stablecoin; it is infrastructure for stablecoins and the apps that use them. It is an Ethereum-based rollup and permissionless liquidity network designed from the ground up for the most capital-efficient stablecoin transaction execution with the simplest possible user experience.
Eco is built on a belief that the onchain journey should start with the currencies people already use. We should make it as fast and easy as possible for developers to attract stablecoin liquidity, price onchain actions in everyday currencies, and enable one-click sends to any supported chain or application.
Today, we have many of the tools to make this possible, but they’re general-purpose and inconsistently supported by protocols and apps. We need a protocol that focuses on a singular, opinionated use case to make transaction costs negligible, minimize the number of actions we require from users, and avoid introducing centralized dependencies. Eco optimizes for default stablecoin support from the user account down to the execution environment.
The Eco Protocol introduces a new rollup optimized for hyper-efficient stablecoin transaction execution and capital-efficient liquidity aggregation. The rollup integrates stablecoin-native functionality, making it easy for app developers to provide more intuitive onchain experiences to users. Finally, a cross-chain transaction system provides developers with secure token transfer pathways between any other rollup settling on Ethereum (L2 or L3).
Rather than introducing another general-purpose rollup that further fragments liquidity within the Ethereum ecosystem, Eco is designed to unify liquidity for its use case — making any onchain interaction a simple stablesend — in a way that also scales Ethereum and boosts TAM for developers by enabling developers and users to easily interact with apps across Ethereum from a singular protocol.
Benefits for App Developers
We have engineered Eco to maximize these benefits:
- Instant, permissionless liquidity: By integrating Eco, app developers can instantly aggregate liquidity in any supported stablecoin from any connected rollup settling to Ethereum.
- Cheapest possible transaction execution: Simple sends on Eco are a small fraction of a cent, enabling apps to effectively subsidize free user transactions.
- Native cross-chain transaction support: For seamless transactions across Ethereum-based chains, with a network of fillers providing on-demand liquidity.
- Flexibility and agency: Developers can build their apps on the rollup itself or integrate just the cross-chain network. Opt into trust tradeoffs and transaction parameters that fit their app’s use case.
- Easy Integration: Integrating with Eco be straightforward with supported APIs and SDKs, providing immediate access to seamless stablecoin transactions. No custom contract deployment necessary.
- User-Centric Design: At the heart of Eco is an obsessive commitment to users and empowering their onchain journey. From onboarding to everyday use, Eco removes the hurdles, making digital money management accessible to everyone.
Eco will simplify your journey whether you’re a developer building the next big app, a business looking to integrate crypto payments, or an everyday user navigating the digital economy.
Join Us on Our Mission to Maximize Money's Value
Eco will be the hub for the onchain payments and commerce stack — and for any developer whose app needs stablecoin liquidity for their use case.
We will steadily release information about the system; stay tuned for more updates and announcements as we continue to build and expand the Ecosystem.
If you’re a developer, technical contributor, or other potential partner, we want to speak to you! You can learn more at eco.com, and we invite you to follow our progress.
Welcome to Eco.
About Eco
Eco is a protocol for stablecoins and the apps that use them. Eco enables apps to unlock stablecoin liquidity from any connected chain and give users the simplest onchain experience. It brings together an Ethereum-based rollup and permissionless liquidity network designed from the ground up for the most capital-efficient transaction execution. Eco accelerates how money moves onchain.
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About Eco Inc.
Eco Inc. is a blockchain company building software that maximizes money’s value. The company is a founding contributor to the Eco Protocol and the builder of Bend. We expect better from our money, and we want you to as well. That’s what drives us every day.