⬆️Jump
Move vaults across collections and blockchains with a single click
Last updated
Move vaults across collections and blockchains with a single click
Last updated
Emblem Vault's Jump feature introduces a groundbreaking crosschain functionality designed to significantly enhance the fluidity and versatility of asset management within the Emblem ecosystem. This innovative feature enables users to transfer their vaulted assets across different curated collections via a single gas transaction, provided the vault meets the criteria of the destination collection. For instance, a user can effortlessly relocate a Rare Pepe from the ERC-1155 Rare Pepe curated collection to the ERC-721A Counterparty collection, facilitating borrowing against it on a DeFi protocol that exclusively supports ERC-721 assets. The potential applications of this feature are vast and diverse, offering unparalleled flexibility to users.
Looking ahead, the Jump feature is set to expand its capabilities to include the transfer of vaults across distinct blockchains. This development means that assets like a NodeMonke, currently vaulted on Ethereum, could be transitioned to a vault on Solana through a singular gas transaction. This leap forward will streamline the crosschain transfer process, eliminating the complexities associated with traditional interoperability protocols. Users will gain the ability to seamlessly navigate their digital assets across both Proof-of-Work and Proof-of-Stake blockchains, irrespective of the asset type they hold.
The introduction of the Jump feature by Emblem Vault marks a significant milestone in the evolution of crosschain asset mobility, paving the way for a more interconnected and accessible digital asset ecosystem.