Whitepaper

Meta Network - The only Multichain L2

Meta Network is a blockchain project that aims to build an Meta-friendly blockchain-based platform with a focus on sustainability and energy saving. This project is dedicated to accelerating the transition to a sustainable Metanomy by providing innovative and energy-efficient solutions.

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How does Meta Network work?

Meta Network deploys a set of smart contracts, known as ZeroContracts, on each supported chain. These contracts enable communication between the different chains, making it possible for users to execute cross-chain transactions.Meta Network deploys a set of smart contracts, known as ZeroContracts, on each supported chain. These contracts enable communication between the different chains, making it possible for users to execute cross-chain transactions.

To initiate a cross-chain transaction, a user starts the transaction on one blockchain, where the details of the transaction are sent to the ZeroContract on that chain. The ZeroContract then sends the details to the ZeroContracts on the other chains involved in the transaction.To initiate a cross-chain transaction, a user starts the transaction on one blockchain, where the details of the transaction are sent to the ZeroContract on that chain. The ZeroContract then sends the details to the ZeroContracts on the other chains involved in the transaction.

Once the details have been received by the ZeroContracts on all chains involved, they perform a series of checks to ensure the transaction is valid. These checks are performed independently by each ZeroContract, ensuring the integrity of the transaction. If the transaction is valid, it is executed, and the appropriate amount of assets is transferred between the chains.Once the details have been received by the ZeroContracts on all chains involved, they perform a series of checks to ensure the transaction is valid. These checks are performed independently by each ZeroContract, ensuring the integrity of the transaction. If the transaction is valid, it is executed, and the appropriate amount of assets is transferred between the chains.

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Bridging Protocol

The primary use case of Meta Network is bridging, allowing users to move assets between different blockchains. The first DApp built on Meta Network was the bridging protocol, Gateway, which supports transfers across multiple chains, including Ethereum, Binance Smart Chain, Polygon, Avalanche, and more.The primary use case of Meta Network is bridging, allowing users to move assets between different blockchains. The first DApp built on Meta Network was the bridging protocol, Gateway, which supports transfers across multiple chains, including Ethereum, Binance Smart Chain, Polygon, Avalanche, and more.

Cross-chain Swaps

In addition to bridging, Meta Network enables cross-chain swaps, allowing users to exchange assets between different chains. Decentralized exchanges such as Uniswap, SushiSwap, and PancakeSwap have already integrated Meta Network's solutions to enable multichain swaps on their platforms.In addition to bridging, Meta Network enables cross-chain swaps, allowing users to exchange assets between different chains. Decentralized exchanges such as Uniswap, SushiSwap, and PancakeSwap have already integrated Meta Network's solutions to enable multichain swaps on their platforms.

Money Market Protocols

Money market protocols can also implement Meta Network's technologies to enable cross-chain borrowing. For example, Radiant Capital, which is deployed on the Arbitrum and Binance Smart Chain, allows users to deposit assets and borrow on any of the supported chains.Money market protocols can also implement Meta Network's technologies to enable cross-chain borrowing. For example, Radiant Capital, which is deployed on the Arbitrum and Binance Smart Chain, allows users to deposit assets and borrow on any of the supported chains.

Cross-chain Governance

Furthermore, Meta Network enables cross-chain governance, making it possible for users to vote and participate in governance across multiple chains. This is particularly useful for multichain projects that have deployed across multiple chains, as it allows them to maintain a consistent governance structure across all chains.Furthermore, Meta Network enables cross-chain governance, making it possible for users to vote and participate in governance across multiple chains. This is particularly useful for multichain projects that have deployed across multiple chains, as it allows them to maintain a consistent governance structure across all chains.

Omnichain Non-Fungible Tokens (ONFTs)

Finally, with the ability to deploy omnichain fungible tokens (OFTs), Meta Network enables the creation of omnichain non-fungible tokens (ONFTs). This has opened up opportunities for projects in the NFT space, enabling seamless trading, bridging, and launchpad features for ONFTs.Finally, with the ability to deploy omnichain fungible tokens (OFTs), Meta Network enables the creation of omnichain non-fungible tokens (ONFTs). This has opened up opportunities for projects in the NFT space, enabling seamless trading, bridging, and launchpad features for ONFTs.

Meta Network

In the current multichain environment, liquidity has become fragmented across different blockchains, leading to siloed chains. As a result, bridges have been developed to link chains together, enabling liquidity to flow from one chain to another. However, bridges have proven to be difficult to secure, with a significant amount of DeFi funds being stolen through exploit of bridging protocols. In response to this, Meta Network was created as an omnichain interoperability protocol, designed to enable seamless communication between different chains.In the current multichain environment, liquidity has become fragmented across different blockchains, leading to siloed chains. As a result, bridges have been developed to link chains together, enabling liquidity to flow from one chain to another. However, bridges have proven to be difficult to secure, with a significant amount of DeFi funds being stolen through exploit of bridging protocols. In response to this, Meta Network was created as an omnichain interoperability protocol, designed to enable seamless communication between different chains.

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