Intent-based solutions can fix DeFi liquidity
The decentralized finance (DeFi) industry faces challenges due to liquidity fragmentation, which complicates user experience and slows transactions. Intent-based architectures offer a potential solution by allowing users to express their desired outcomes without detailing each transaction step. This approach simplifies crosschain interactions, enabling users to access funds across different blockchains more easily. Solvers, agents that automate transaction execution, enhance this process but raise concerns about increased centralization and the risk of power consolidation among a few dominant players. To foster growth, the DeFi sector must address these centralization issues while leveraging intents to streamline transactions and enhance liquidity across protocols.