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Composable Finance is a cross-chain and cross-layer interoperability platform. It serves as a hyper-liquidity infrastructure layer for DeFi assets, powered by Layer 2 Ethereum and Polkadot.
The lack of interoperability between multiple blockchains and layers creates fragmentation and disparity in the ecosystem. Developers are very restricted in what they can build with siloed infrastructures, and users are forced to navigate complicated and lengthy processes if they want to utilize multiple chains or layers.
Composable Finance is working on a suite of different products to establish cross-chain and cross-layer interoperability that will reduce the barriers for DeFi developers and remove the unnecessary complexity for the users.
Our development roadmap has two phases. In the first phase, we will focus on multi-layer (L2/L2) interoperability, bridging the gap between different Ethereum Layer 2 implementations and sidechains. In the second phase, we will launch our parachain, Picasso. It has been developed over several months to enable a complete DeFi ecosystem on Polkadot. This will be accomplished through a parachain with built-in, customizable pallets for each of the key DeFi primitives as well as those more advanced secondary and tertiary features, enabling the development of seamless, interoperable dApps.