How does Holographprotocol enhance DeFi performance with full-chain technology

The two major challenges in the blockchain field are Cross-Chain Interaction/Interoperability and Liquidity fragmentation. Different blockchains often act independently, preventing assets and data from flowing freely. Holograph protocol (HLG) solves these problems by providing a comprehensive tokenization solution. It ensures that tokens can be freely transferred and used across different blockchains without losing their original value and functionality.

Cross-Chain InteractionInteroperability is crucial for the development of the Block ecosystem. It enables communication and interaction between various networks, creating a more closely interconnected Block chain environment. The solution provided by Holograph protocol is undoubtedly a major breakthrough in the industry, leading Block chain towards a more unified and efficient direction.

What is Holograph protocol?

Holographprotocol (HLG) is a blockchain tokenization protocol designed to achieve seamless interoperability between different blockchains. Through this protocol, tokens can be freely transferred and used on multiple on-chain blockchains without affecting their original value and functionality. Holographprotocol, co-founded by Jeff Gluck and Jeremy Kerbel, focuses on solving the problems of cross-chain interaction interoperability and decentralized liquidity, helping assets and data flow easily in multiple blockchain ecosystems.

Key Features and Advantages:

• Full Interoperability: Holographprotocol supports multiple blockchains, including Ethereum, Polygon, and Optimism, ensuring smooth and unimpeded Token movement across major networks. Users can transfer assets across chains without any compatibility concerns.
• Smooth transfer: Through the Holograph transfer process (HTP), tokens can be smoothly transferred between different block chains, while always retaining their original attributes and values.
• LayerZero Integration: With the infrastructure of LayerZero, Holographprotocol has significantly improved the Cross-Chain InteractionInteroperability and security, ensuring that the Token transfer process is both efficient and secure.
• Developer-friendly tools: Holograph protocol provides development tools such as Holograph applications, SDKs, and command-line interfaces to help developers develop and deploy applications on the protocol more easily.

Application Scenarios of Holograph Protocol

• Decentralized Finance: Holographprotocol provides a seamless solution for asset transfer and liquidity supply between Decentralized Finance platforms, helping to build a more efficient and interconnected Decentralized Finance ecosystem.
• Game: Holographprotocol supports Cross-Chain Interaction using in-game assets, allowing players to freely transfer assets between different Blockchains games, greatly enhancing the interactivity and experience of the game.
• Non-fungible Tokens (NFTs): Holographprotocol allows for the creation and transfer of NFTs across multiple blockchains, which is a valuable feature for artists and content creators looking to expand their reach.
• Supply Chain Management: Through Holograph protocol, data can flow across blockchains, thereby enhancing the transparency and traceability of the Supply Chain, which helps improve Supply Chain management and ensure the authenticity of products.

Overview of Holograph Protocol

Ecosystem Structure

As a tokenization layer in the entire chain ecosystem, Holographprotocol promotes the interoperability of Liquidity between various blockchains. This ensures that assets can flow smoothly between different blockchain environments, thereby improving overall efficiency and network connectivity.

Protocol Architecture

Holograph protocol relies on ten core elements, which form the basis of the protocol's basic functions. They ensure the stable and efficient operation of the system on each on-chain Block.

Full Chain Function

Holographprotocol provides asset issuers with a comprehensive solution, supporting customized full-chain Token creation, deployment, and transfer, including:

• Standard Token: Supports both fungible and non-fungible tokens. The tokens will be destroyed on the source on-chain and then re-minted on the target on-chain to achieve Cross-Chain Interaction transfer.
• Custom Token: Allows the creation of Tokens that can interact with multiple blockchain execution environments.
• Existing Tokens: By locking the existing Tokens on the source on-chain and minting the full-chain Tokens on the target on-chain, the existing Tokens also have full-chain functionality.

Contract Deployment Architecture

The Holograph protocol ensures the consistency of the contract Address and Token ID used on all Blocks on-chain, making it the unique identifier for Tokens. It also supports secure Cross-Chain Interaction for asset transfers, ensuring the integrity and value of Tokens are not affected.

Token Transfer Architecture

The Token transfer mechanism of Holograph protocol ensures the smooth progress of Cross-Chain Interaction by destroying Tokens on the source on-chain, transferring information to the target chain, and re-minting an equal amount of Tokens on the target on-chain. This mechanism unifies Liquidity, avoids price Fluctuation issues, and maintains the fungibility of Tokens.

The operation mechanism of Holographprotocol

Holograph Transmission Process (HTP)

Holograph Transmission Process (HTP) is the core mechanism to ensure seamless transfer of Tokens between different Blockchains. Its operation is as follows:

1. Initiation: Users submit bridge requests on HolographBridge, triggering Token burning on the source chain.

2. Message packaging: HolographOperator encapsulates the bridge request into a message and passes it to the LayerZeroModule.

3. Cross-Chain Interaction messaging: LayerZeroModule will forward the message to the Decentralization Verification Network (DVN) of LayerZero for verification.

4. Target chain execution: After verification, the message will be transmitted to the target chain, and the corresponding Token will be minted again at the same contract Address.

Through this process, Token is able to maintain its properties and value, thus achieving unified Liquidity between different blockchains.

Integration of Holograph Protocol with LayerZero Infrastructure

The combination of Holographprotocol and LayerZero's interoperable infrastructure greatly enhances the security and efficiency of Cross-Chain InteractionToken transfers. LayerZero provides a Decentralization messaging protocol to ensure secure and reliable message transmission and verification across blockchains. With this integration, Holographprotocol can rely on the powerful network of LayerZero to achieve smoother and safer TokenCross-Chain Interaction transfers.

Holographprotocol Architecture

Core Components

1.HolographGenesis.sol HolographGenesis is deployed on all Blockon-chain that support Holograph protocol, ensuring that all core components are deployed through it. Its main operation is through the deploy function, which uses the CREATE2 opcode and a unique salt value to deterministically generate the same contract Address on any EVM compatible on-chain. This ensures that the core contracts of the protocol are deployed to the same Address on every Blockon-chain.

2.Holograph.sol Holograph is the main entry point for users and developers to interact with the protocol. It provides a universal Address on-chain for all Blocks, making it convenient for developers to use protocol functions. Holograph also maintains references to the current HolographRegistry, HolographFactory, and HolographBridge implementations, and manages the underlying protocol through a single interface, referencing all supported Block chain names and IDs.

3.HolographFactory.sol HolographFactory allows developers to submit signed deployment information for on-chain deployment of the Holograph contract, including:

• Main Deployment Chain
• Token type (such as ERC20, ERC721, ERC1155, etc.)
• Event subscription
• Custom smart contract bytecode
• Custom initialization code

Developers can also submit the same signature data to HolographFactory in order to generate the same Holograph contract if they wish to support other blockchains. The main function of HolographFactory is:

• Ensure consistent data propagation on all Blockon-chain
• Select and apply the appropriate standards
• Ensure that all deployments are completed smoothly and operate normally.
• Ensure the deployed security is highly reliable and cannot be compromised

4.HolographRegistry.sol HolographRegistry is the on-chain data center of Holographprotocol, storing all relevant data. It records the current supported standards and allows the introduction and activation of new standards. All correctly deployed Holograph contracts will be archived here as a reference to help confirm whether the Smart Contract is safe and complies with Holographprotocol requirements.

5.HolographBridge.sol HolographBridge contains the core logic for managing Cross-Chain Interaction transactions, and is the main entrance and exit for Holograph assets to enter and exit the supported Blockchains. It is responsible for verifying the validity and standards of each Cross-Chain Interaction operation, ensuring the integrity of bridge operations.

6.HolographOperator.sol The main task of HolographOperator is to interact with the Cross-Chain Interaction message protocol, and handle all Cross-Chain Interaction messages. It ensures that all submitted requests are genuine and valid, and ensures that bridge requests within the protocol can be correctly sent, received, and executed.

7. Message Module Currently, the protocol only supports LayerZero as the Cross-Chain Interaction message Relay. The protocol adopts a modular design, allowing the message Relay logic to be divided into independent modules. Holograph can extend the message functionality by adding contracts that support specific messages and fee logic to the module directory, while ensuring the security and consistency of the data.

8.LayerZeroModule.sol LayerZeroModule is the interface module between Holographprotocol and LayerZero. It provides LayerZero's functional interface for sending and receiving Cross-Chain Interaction messages, obtaining Cross-Chain Interaction fee pricing, and setting gas parameters for each supported blockchain.

Standard Execution Mechanism

Holographprotocol uses a stack structure to manage ERC standards, ensuring that contracts deployed based on this protocol strictly adhere to the standards of the corresponding Token types.

1.Holographer.sol Holographer is the core part of all Holograph contracts and is enabled whenever a Holograph contract is deployed. It integrates various components and routes incoming function calls to the corresponding contracts, ensuring security and enforcing specified standards. Holographer is isolated in a dedicated layer of the Holograph Blockchain and has been solidified into the Block chain.

2.ERC standard executor ERC standard executors ensure the Compliance and operability of the contract, such as HolographERC20 and HolographERC721. These executors internally store and manage all data, ensuring the security, Compliance, and integrity of the contract. They communicate with custom contracts through specific event hooks, while the storage and Data Layer are independently isolated and not directly accessible by custom contracts.

3.HolographRoyalties.sol HolographRoyalties is an on-chain royalty contract designed for non-fungible Tokens. It supports handling various on-chain royalty standards for Block and can be expanded to be updated with the introduction of new standards.

4.HolographInterfaces.sol HolographInterfaces is an external library contract responsible for storing and sharing standardized data. At the same time, it provides mapping of different protocol chain identifiers, making protocol or Cross-Chain Interaction communication consistent and efficient.

External Components

Holograph protocol adopts a modular and scalable design, allowing developers to easily build contracts according to the required standards, and has the Holograph feature of Cross-Chain Interaction asset transfer. Common examples include SampleERC20.sol and SampleERC721.sol.

1. Custom Contract

Custom contracts can be developed outside of the protocol, and developers can freely build projects according to their needs. The requirements for transforming custom contracts into Holograph contracts are very low, even Newbie developers can easily achieve it. Both replaceable and non-replaceable Token contracts can easily have Holograph functionality now and in the future.

Holographprotocol ecosystem

Holograph Application

The Holograph application provides an intuitive and user-friendly interface that allows users to easily interact with the Holograph protocol. Users can conveniently create, manage, and transfer Tokens on multiple Block on-chain. Even users with less technical background can easily use various functions of the protocol through this application. The app includes a Token activity monitoring dashboard, asset management tools, and Token attribute customization options, providing a smooth user experience.

Holograph Software Development Kit (SDK)

The Holograph SDK is a comprehensive development toolkit that helps developers integrate the functionality of the Holograph protocol into their applications. The SDK provides libraries, detailed documentation, and sample code, supporting multiple programming languages and platforms, to help developers easily build and deploy Decentralization applications (dApps) utilizing the full chain functionality of the Holograph protocol. This SDK greatly simplifies the development process and reduces the time and effort required to develop powerful blockchain solutions.

Holograph Command Line Tool (CLI)

Holograph Command Line Tool (CLI) is a powerful tool designed for developers who are accustomed to the command line environment. It provides a series of commands for contract deployment, Token management, and interaction with the Holograph protocol. The CLI aims to simplify the development process and help developers efficiently manage Holograph assets. With the CLI, developers can automate routine tasks, perform batch operations, and integrate the functionalities of the Holograph protocol into their development workflow.

Financing process of Holograph protocol

Holographprotocol raised a total of $11 million in three rounds of financing, which helped the team improve technology and expand operations. The financing details are as follows:

• Seed Round (April 27, 2022): Holographprotocol completed its largest financing round, raising $6.5 million, with main investors including Courtside Ventures and Wave Financial.
• Seed Round (April 30, 2024): The second round of seed financing raised $2.8 million, with Mechanism Capital and Selini Capital as the main investors.
• ICO Round (May 23, 2024): In the recent ICO funding, Holographprotocol raised $1.7 million.

Token Economics Model of Holograph Protocol

The operation of the Holograph ecosystem relies on the native Token $HLG. As a fully composable and substitutable Token, $HLG can be freely transferred between Blockchains while preserving complete data records, thus improving the efficiency and interoperability of the on-chain ecosystem. The total supply of $HLG is 10 billion, allocated to six strategic stakeholders.

• Ecosystem and Incubation: 25% (2.5 billion HLG) - Used to support the ecosystem of Holographprotocol, incentivize teams that promote cross-chain interoperability, and support the developer community.
• Core development team: 23.4% (23.4 billion HLG) - Used to reward the core contribution team responsible for security, engineering, product, infrastructure, rise, and operations.
• Strategic Network Partners: 21.18% (2.118 billion HLG) - Provide strategic investors with the opportunity to participate in the private sale to promote the long-term development of the ecosystem.
• Foundation Treasury: 15% (1.5 billion HLG) - Supporting key projects, including future full-chain tokenization research, operating expenses, and other related plans.
• Community and Launch: 10% (1 billion HLG) - Rewards for active community supporters in the Holograph ecosystem.
• Long-term Advisor: 5.42% (5.42 billion HLG) - Rewarding those who contribute to the long-term development of the ecosystem.

Is HLG worth investing?

Investing in HLG (the native token of Holographprotocol) has certain potential advantages and risks. Here are some important considerations.

Potential Advantages

• Innovative Technology: Holograph protocol solves core problems such as interoperability and decentralized liquidity in the Block chain.
• Complete ecosystem: Holograph applications, SDKs, and CLIs greatly enhance the usability of the protocol.
• Strategic cooperation: Cooperation with LayerZero and other blockchains has expanded the application scope of Holographprotocol.
• Token has a wide range of uses: HLG is mainly used for Money Laundering, participating in stake, and governance, so the demand is high.
• Governance and stake mechanism: Tokenholder can influence protocol decisions through stake and earn rewards at the same time.

Potential Risks

• Market Fluctuation: Cryptocurrency prices may experience significant Fluctuation.
• Regulatory Risk: Changes in regulatory policies may have an impact on HLG.
• Competitive Pressure: The blockchain industry is highly competitive, requiring continuous innovation to maintain competitiveness.
• Promotion and Usage: The success of the protocol relies on market acceptance and user adoption.

Although HLG has great potential for development, it also comes with risks. Detailed research and evaluation should be conducted before investing.

How to buy $HLG on gate

To purchase $HLG on gate, please follow the steps below:

• Visit the Gate.io website and create an account using your email and password.
• Deposit funds into your gate account.
• Select HLG/USDT trading pair, enter the quantity and price you want to buy, and complete the transaction

Buy $HLG

View the current price of $HLG and start trading your favorite currency pairs:

• HLG/USDT