
Relay Protocol is a cross-chain payments system that connects users with relayers willing to perform on-chain actions on their behalf. It minimizes gas costs, enables rapid chain expansion, and maximizes capital efficiency while remaining open and trustless.
Key Features:
Cross-Chain Relaying: Relay Protocol allows liquidity providers, known as Relayers, to use their own capital to "fast fill" user requests to move assets between chains, rebalancing using slower, more expensive bridges under the hood. This design offers speed and cost advantages over typical bridging methods.
Integration with Ink Blockchain: Relay Protocol's cross-chain capabilities can be utilized within the Ink ecosystem, Kraken's Layer 2 blockchain built on the Optimism Superchain. This integration facilitates seamless asset transfers and interactions between Ink and other blockchains.
User-Friendly Experience: Platforms like Enkrypt have integrated Relay Protocol to simplify cross-chain bridging for users, allowing them to manage assets across multiple chains within a single wallet interface.
By leveraging Relay Protocol, Ink Blockchain enhances its interoperability and user experience, providing efficient and cost-effective cross-chain transactions within the broader blockchain ecosystem.