Shell Protocol is rolling out support for DeFi protocols on Base, Optimism, and Ethereum Mainnet. This means you can now access your favorite DeFi platforms like Balancer, Curve, Aave, Uniswap, Aerodrome, and Beefy—all within the Shell dapp.
Unified DeFi experience
Imagine having all major Ethereum L2s in one simple interface. Not only can you do this, but you can also seamlessly bridge tokens between chains directly into DeFi protocols with our new cross-chain DeFi zaps. All you need is USDC or ETH on the origin chain. Let’s break it down.
Why Cross Chain DeFi zaps?
There are many reasons, but in a nutshell, to:
- Save time:Forget the time-consuming juggling of multiple DeFi dapps and bridges.
- Boost efficiency: Execute complex transactions in under a minute with just one transaction.
- Simplify everything: Depositing into protocols like Aave from a different chain is usually a hassle. With Shell, it’s all done in one place, seamlessly.
- Save money: Shell uses aggregators to find the optimal path.
But it’s best to see for yourself, so check out this demo of Shell’s cross-chain DeFi zap in action:
Roadmap milestones
This launch is a major milestone in Shell’s technical roadmap, which began in January this year with the SHELL token launch. Here’s a look at what we’ve accomplished and what’s next:
- January: Launch Shell v3
- March: Integrate major DeFi protocols on Arbitrum
- June: Support cross chain zaps into Arbitrum from Base, Optimism, and Mainnet
- July: Integrate major DeFi protocols on Base, Optimism, and Mainnet (where we are now)
How does chain abstraction advance the future of DeFi?
Right now, DeFi is siloed, requiring users to put enormous effort into navigating multiple protocols and chains. Shell aims to transform DeFi by eliminating this fragmentation. With chain abstraction, you can one-click deposit into any DeFi pool on Shell Protocol without worrying about the underlying chain. By breaking down these barriers, Shell is paving the way for a frictionless and unified DeFi experience. This means:
- One-Click Access: Every pool on every chain is just one click away.
- Better Yields: Tap into more liquidity and earn better yields.
- Zap $100 or more into an Arbitrum STIP pool.
- Prizes: 1000 ARB for the winner and 100 ARB for runners-up (6 winners total).
- Duration: Promotion runs for seven days, with prizes given out at the end.
Kickoff celebration with prizes!
To celebrate this new era of DeFi, we’re giving away prizes for using the new cross-chain DeFi zap feature! Here’s how you can win:
Stay tuned for more updates
We’re committed to continuously improving and expanding the Shell Protocol. Keep an eye out for our final milestone—chain abstraction—coming in September. This will be a game changer for DeFi.
Join the Shell community!
Twitter: https://twitter.com/ShellProtocol
Discord: https://discord.com/invite/shell-protocol
Telegram: https://t.me/shellprotocol
GitHub: https://github.com/shell-protocol