Maya Protocol (CACAO)

Maya Protocol (CACAO) is a cross-chain solution revolutionizing native swaps and capital efficiency in a non-custodial way. The protocol aims to boost the liquidity backend of the crypto ecosystem and provide an alternative for everyone trying to experience multi-chain transactions. Maya Protocol connects three chains for native swaps, including Bitcoin, Ethereum, and THORChain. By boosting capital efficiency, nodes bond with LP units instead of solely with the native token $CACAO. Users of Maya Protocol also have the benefit of complete ownership, allowing them to send and receive assets from swaps directly to their self-custody wallet.

Besides its core features, Maya Protocol has several upcoming features to enhance the user experience. One of these features is Savers, which allows users to have single-sided asset exposure using synthetics. Users can mint synthetic assets representing 1:1 ownership of the underlying L1 asset, locked in a savings vault. Another feature is Aztec, a project in the algorithmic stablecoin space that utilizes a suite of different tokens. Additionally, Maya Protocol leverages smart contracts to enable complexity and flexibility in crypto economies, empowering builders and developers to innovate and experiment with new use cases for Maya derivatives, such as synths.

To join the Maya Protocol community and be part of the decentralization movement, users can join the Discord server, where they can get exclusive access to updates, participate in discussions, and collaborate with the team on new initiatives. Maya Protocol also offers an educational resource called Maya Academy, where users, including crypto newbies, can learn about various topics related to decentralized finance (DeFi) and Web 3, and Maya is explained in simple terms. With its focus on liquidity and capital efficiency, Maya Protocol aims to contribute to the growth and adoption of DeFi within the crypto ecosystem.