Polygon Labs built AggLayer as an “aggregation layer” that can create a web of different Ethereum layers 2.
AggLayer will serve to unify liquidity and users across MoveVM-based chains and Ethereum.
Movement Labs, a blockchain developer looking to bring Facebook’s (META) Move Virtual Machine (MoveVM) to the Ethereum blockchain, has joined Polygon Labs’ AggLayer.
The partnership will enable unified liquidity across layer 2 blockchains written in the Move smart contract language, according to an emailed announcement on Tuesday.
“This integration makes Movement the first Move-based ecosystem to leverage the AggLayer, effectively bridging the gap between Move and EVM ecosystems,” Movement Labs said, referring to the Ethereum Virtual Machine that allows Ethereum to execute its smart contracts that underlie decentralized finance. DeFi).
Polygon Labs built AggLayer as an “aggregation layer” that can create a web of different Ethereum layers 2.
AggLayer will serve to unify liquidity and users across MoveVM-based chains and Ethereum, as well as address concerns that liquidity is fragmented across different networks that cannot easily connect together.
Read more: Polygon acquires Zero-Knowledge cryptography company Toposware