About OnThis
Current Web3 UX Problems:
🚨 Executing DeFi opportunities requires time & undivided attention.
🎣 Users are constantly exposed to phishing risk.
📉 Weak internet & geofencing delay & prevent execution, putting end-users at a disadvantage.
The solution to this is something we call Shortcuts.
A Shortcut is a combination of 2 or more DeFi actions which are executed in one transaction.
Each shortcut represents an intent, helping users get to their final destination without worrying about what needs to happen in between.
Each Shortcut is a non-upgradable smart contract which connects existing protocol functions together to execute a specific user intent.
All Shortcut Smart Contracts have a default fallback function called receive() which starts the chain of function calls.
So each Shortcut = Intent = deployed to a dedicated Smart Contract.
To execute a specific intent (e.g. bridge to L2 and stake on Beefy), you simply send ETH to that intent’s Shortcut Smart Contract address.
Each deployed Shortcut Contract has dedicated ENS domain, giving end-users ability to perform intents simply by sending ETH to human-readable addresses.
When you interact with Shortcuts, you are doing the same thing you would be doing when interacting with DeFi protocols on your own – just in less time and risk involved!
One of the biggest advantages of using shortcuts is that you’re not waiting for one transaction to settle in order to move on to the next one.
OnThis does not charge any fees, all shortcuts are free to use and we do not control or hold any users funds.
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