According to The Block, the layer 2 interoperability protocol NEXT is undergoing a rebranding process and will now be known as Everclear. Additionally, Connext is developing a clearing layer for an intent-based bridge. This clearing layer acts as a backend liquidity platform facilitating order matching for intent-based bridges, as explained by Everclear. Furthermore, Connext sold $5 million worth of NEXT to Pantera Capital in a private token sale to fund the development of this clearing layer. Everclear plans to launch its mainnet in the third quarter of this year. 🔄💼💰 #Bitcoinworld
President | DACFP | The Truth About Your Future
1moLooking forward to this session as we will surely get a unique perspective.