Andrew | Nomial

Excited to be live on @katana

Collaborating

Everclear🤝Nomial: Building the Infrastructure for SolverFi We're entering an era where solver networks become the primary actors in executing onchain transactions. This shift requires new infrastructure to help solvers manage capital efficiently across hundreds of chains and assets. @nomial_io and Everclear have partnered to enhance this infrastructure layer for solver networks. The Inventory Challenge Currently, solvers face a critical challenge: they must fragment their capital across every chain they operate on, leading to: • High capital requirements • Inefficient liquidity utilization • Limited chain coverage • Complex operational overhead Nomial, The Inventory Access Layer, revolutionizes how solvers access liquidity through: • Just-in-time borrowing on destination chains • Single-chain collateral for multi-chain access • Yield-bearing collateral positions • Permissionless liquidity pools Everclear: Liquidity Coordination Everclear's Clearing Layer acts as the coordination mechanism for the solver economy, enabling: • Global matching of liquidity flows across chains • Efficient netting of opposing rebalancing needs • Optimized settlement paths • Reduced rebalancing costs through coordinated actions When solvers borrow from Nomial pools, they need an efficient way to manage their positions. Everclear provides this by coordinating rebalancing across the entire solver network, ensuring capital moves in the most efficient way possible. How It Works: A Practical Example When a user wants to bridge $USDC from @Arbitrum to @Base: • A Solver previously collateralized, wins the intent • Borrows USDC instantly from Nomial's Base pool using the credit line opened for them • Fulfills the user's intent • Receives refund on Arbitrum • Uses Everclear for efficient rebalancing • Repays the Nomial pool The Perfect Synergy Nomial provides the edges - just-in-time liquidity access across chains Everclear provides the coordination - efficient settlement and rebalancing Together, this creates a capital-efficient infrastructure that enables solvers to: • Scale to new chains with near-zero incremental cost • Reduce operational complexity • Access any asset, anywhere • Optimize capital efficiency The EverclearDAO has approved a grant towards Nomial to complete their V1. The future of crosschain settlement lies in the seamless coordination between efficient liquidity access and settlement.

Mike dropping insights on the DeFi bridging market. Give this a read. @MikeCalvanese

@yungtesh @knwang This is what we're building at @nomial_io. Anyone can provide capital to solvers and earn yield by doing so. Tagging my cofounder @MikeCalvanese.

so maybe user's credit account is more accurate since the solvers are borrowing from the users it would have to satisfy the properties: - user earns yield when solver "borrows" from it - user can reuse capital while solver isnt executing a strategy permissionless lending pools solve some basic versions of this but aren't expressive enough yeah i know something something intents

I always hear that lack of inventory is one of the biggest disadvantage for smaller solvers. But on the other hand, we have the mechanisms where you could source capital with a basket of assets in vaults like GLP, HLP and JLP, and there's clearly demand for capital to earn extra yield while staying with an allocation strategy. So what's stoping someone creating a "solver's vault" as solver liquidity, so that solvers only need to compete on asset pricing? Obviously there has to be guardrails, and solvers have to compete for the best price. but nothing feels a showstopper?

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Loving the aesthetic this year #Devcon2024

This #Devcon2024 panel is stacked: @ben_chain @VitalikButerin @hal2001 @jessepollak @sgoldfed

Some alpha for ya. Buy.

@ethanfr @AbstractSummit @andyyy @robbie_rollup @0xBreadguy @0xNairolf @DeanTribble @arjunbhuptani @zaddycoin @knwang @sxjonchain @Mandelliant @vaibhavchellani @aadith_gbd @MikeCalvanese @connor_enso @xparadigms And @ethanfr 😉 Great event!

chain-abstracted chads spotted at @AbstractSummit today: @andyyy @robbie_rollup @0xBreadguy @0xNairolf @DeanTribble @arjunbhuptani @zaddycoin @knwang @sxjonchain @Mandelliant @vaibhavchellani @aadith_gbd @andrew311 @MikeCalvanese @connor_enso @xparadigms @asad_ahmed04 and literally hundreds more. thanks for the killer turnout folks 🫡

In Thailand for Devcon? Watch Nomial founder, @MikeCalvanese, moderate “The Art of Intents Panel”at Abstract Summit, 4:25pm today. Panelists include: @eigencloud @OneBalance_io @routerprotocol @anoma

Is your liquidity fragmented? Panel at Intents Day @alt_layer @EverclearOrg @KinetexNetwork @zeromilexyz @magic_labs

Panel on “Private Liquidity for Intent Systems” at Chain Abstraction Intents Day @connor_enso @GluexProtocol @PropellerSwap @BarterDeFi @GSR_io @LiquoriceHQ

“If your biggest competitor is in jail, it’s time to scale.” - @noah_pravecek at Devcon

Hanging with two of my favorite people in Web3 on this podcast episode: @MikeCalvanese of @nomial_io and @ethanfr of @ParticleNtwrk.

Stay a while and listen. 👂 @MikeCalvanese representing @nomial_io.

Thank you to folks like Charles Petzold for writing such books. They unlocked a massive amount of entertainment and learning for me as a kid.

My first serious foray into coding was using the Win32 API in C/C++ to mess with the AOL app so I could "IM bomb" my friends and automate ASCII art in chat rooms. Had to hook into the app, search for handles to text boxes and buttons, then send key press and click events. I did it using massive Win32 API books as reference, like the one on the left in this image. I enjoyed this immensely.