Tech Stack: Leveraging Composable Finance’s Mosaic Technology
Last updated
Last updated
In a world seeking sharded blockchains, we now have applications becoming sharded on multiple chains. This reality has introduced the need for a liquidity layer for these sharded applications. Composable Finance's Mosaic technology has introduced this paradigm, allowing for a world in which applications’ liquidity can now be unified. Instrumental Finance is built utilizing Composable’s tech stack and takes advantage of the early days of the unification of sharded applications, introducing a new opportunity for yield.
Incubated by Composable Labs, an incubation arm launched to drive vision focused innovation, Instrumental Finance has instilled the Composable vision from inception. Instrumental allows users to LP in a yield-optimizing manner by offering chain- and layer-agnostic LPing, falling in line with Composable’s goal of achieving full interoperability throughout the industry.
Composable Labs continues to propel Instrumental’s growth by providing the tools needed to create a chain and layer-agnostic interface. Instrumental is currently utilizing Composable’s SDK and cross-layer asset swapping Mosaic tool to power the chain and layer-agnostic Instrumental Vault, where users can optimize their LP yield across different L2s and L1. This relationship is a driving force to not only support Instrumental but to also position the Composable ecosystem for long term success.
Mosaic serves as Composable’s asset transferal layer for all cross-chain and cross-layer interactions. It ensures liquidity is moving to the locations where it is needed, allowing the propagation of whatever instructions are required to satisfy the user’s desired outcome, as specified above.
Today, Mosaic is successfully integrated with the Ethereum mainnet, a number of scaling and layer 2 solutions (Arbitrium, Avalanche C-Chain, Polygon, and Fantom), as well as Moonriver, a Kusama project which allows us a connection to the Polkadot ecosystem. In the future, Composable will connect all major DeFi ecosystems (including pioneering ecosystems such as Cosmos and Dotsama), allowing for total flexibility and unity in the industry.
Mosaic serves to ensure liquidity is moving to the locations where it is needed. Composable is currently testing this capacity within the EVM ecosystem by running Composable’s Proof of Concept (PoC) of Mosaic. From there, Composable can generalize this liquidity problem and solution to other ecosystems.
The associated Mosaic SDK is a cutting-edge toolset that enables developers to build the next generation dApps utilising the bespoke infrastructure across all levels of development. From basic helpers providing cross-layer transferral capability to advanced composability functionality utilizing DeFi protocols, interacting with vault strategies, and the ability to unlock countless other capabilities, the Mosaic SDK is a swiss-army knife solution for dApps.
Built for utility, the Mosaic SDK consists of multiple components that make it a complete solution and despite the sophisticated infrastructure, its ease and simplicity make it an imperative foundation for builders of cross-layer DeFi applications.
The Mosaic SDK is bolstered with AMMs integrations, Oracles integrations, ABIs, addresses & interfaces of popular DeFi protocols. Our team has supplemented the infrastructure with a Solidity library, in addition to a Typescript library for frontend integrations.
Most pertinently, the Mosaic SDK has been built to sync seamlessly your project to Composable Finance, so you can further fuel your project through our wider ecosystem.
More information and documentation about Mosaic and the Composable SDK can be found in the Composable Finance Gitbook, located on these pages:
Instrumental introduces brand new yield-generating opportunities to Composable’s community. Instrumental is fully integrated and connected to other novel DeFi products and services within this ecosystem, adding SushiSwap, Curve, and Aave’s LP tokens to enable cross-layer swaps and pooling. For example, users are able to provide liquidity to a pool in one instance (SushiSwap) but as better yield opportunities present themselves the user’s position moves from instance A (SushiSwap) to instance B (Sushiswap) in order to maximize yield generation. Arbitrum, Polygon, the Avalanche C-Chain, Ethereum Mainnet (L1), and Moonriver are also amongst the layer 2 scaling solutions where Instrumental will optimize LP positions. These networks are linked to Mosaic, the technical basis from Composable.
The broader DeFi community should be extremely excited about the ability to freely move LP positions across layers to maximize their yield. Until now, different layers and chains have restricted user capabilities. Participants could choose between missing out on maximized yield or go through complex measures to chase best yield in a process that was timely and expensive. The cross-layer and chain agnostic capabilities of Instrumental remove these restrictions and are a highly valued expansion of the current ecosystem, advancing widespread adoption.
The symbiotic relationship between Instrumental and Composable will continue to create opportunities for growth throughout the DeFi community.
More information about Composable can be found on:
The Composable Finance GitBook (for documentation and walkthroughs)
The Composable CEO, Cosmin Grigore’s Twitter
The Composable CEO, Cosmin Grigore’s Medium
The Composable Head of Product (and Instrumental Lead Advisor), 0xBrainJar’s Twitter
The Composable Head of Product (and Instrumental Lead Advisor), 0xBrainJar’s Medium