Cross Chain Interoperability
Ceresion is a DeFi protocol that enables cross-chain ETF investments and transactions.
The necessity for a cross-chain initiative is critical, given the recent spike in exorbitant fees paid by networks such as Ethereum, rendering trading and investment opportunities appear unattractive to small-scale investors/users.
Our cross-chain capability will provide our customers with additional options by allowing them to participate in both the Ethereum and Polkadot ecosystems, so establishing a two-way bridge for investment in both ecosystems. This is a purposeful initiative to give a low-latency, cost-effective alternative to high-volume transactions in order to save fees and lower transaction expenses.
Polkadot was chosen mostly for its goal of building on top of Ethereum, as well as its smart contract capability and compatibility with the Ethereum Virtual Machine (EVM), where the majority of traded DeFi assets are native.
One of the most noticeable benefits of our cross-chain protocol is its low cost to users, which allows them to invest monies that would otherwise be spent on transaction fees. Functionality is kept near optimal, owing to the fact that we may alleviate service latency caused by unique network congestion by employing our cross-chain protocol as a form of by-pass.
Ceresion will allow fund managers to build ETFs rapidly, cheaply, and without risk. Users will be able to engage in a safe environment and invest in a variety of investment portfolios with limited, yet measured risk depending on fund performance.
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