input-output-hk / input-output-hk/Interoperability-working-group
Multichain Proposal to Cardano
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Description
An exciting opportunity for collaboration between Cardano ecosystems and Multichain has been presented as in the next couple of months, more ledger updates are going to improve the Cardano performance, and more projects will be launched after that.
The expectation is to have a Defi ecosystem with all the primitives that other chains have (Dexes, Stablecoin Indexes, CDP-based stable coins.. predicting a lot of uses for collateral and cross-chain assets on the main chain itself that come from an inflow perspective or from an outflow perspective.
Integration with Multichain will boost the Cardano ecosystem by bridge all the crypto assets and Dapps on other chains.
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