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Emmet Interchain Network

Emmet Interchain Network (EIN) is an innovative EVM-compatible blockchain designed to serve as the backbone of Emmet.Finance's cross-chain operations. It functions as a security and operational hub, integrating multiple EVM and Non-EVM blockchains into a cohesive and secure DeFi ecosystem. The network's capabilities include:

  1. Blockchain Listening and Monitoring: The EIN continuously monitors the blocks of integrated EVM and Non-EVM chains. This real-time surveillance allows the network to detect and respond to suspicious activities, such as anomalies in transaction patterns or potential security breaches. By listening to these chains, the network can maintain a comprehensive overview of the entire DeFi ecosystem, ensuring the safety and integrity of user assets.

  2. Remote Procedure Calls and Interventions: The network is capable of sending remote procedure calls (RPCs) to integrated chains, enabling it to execute various operations, such as modifying contract states or transferring assets without leaving the WEB3 layer. This capability is crucial in emergency scenarios, where the network can swiftly intervene to pull assets from compromised protocols or migrate funds to safer environments. Such interventions are essential for safeguarding assets during security incidents.

  3. Enhanced Web3 Cybersecurity: Leveraging advanced blockchain listening capabilities, the Emmet Interchain Network offers unparalleled cybersecurity protection. Solidity contracts developed by the third party teams can automatically identify and react to potential threats by pausing compromised smart contracts on the tracked foreign chains. This proactive security measure helps prevent the spread of attacks and minimizes potential losses, protecting users and liquidity providers from hacks and other malicious activities.

  4. Security Layer for Emmet Hybrid Bridge: The Emmet Interchain Network acts as the security layer for the Emmet Hybrid Bridge. It hosts the cross-chain validator consensus mechanism, which ensures that cross-chain transactions are validated accurately and securely. This consensus mechanism is decentralized, involving a diverse set of validators to minimize the risk of manipulation or collusion. The network's security infrastructure supports the reliable and efficient operation of the bridge, facilitating seamless asset transfers between chains.

  5. Core of the Cross-Chain DeFi Hub: At the heart of Emmet.Finance's cross-chain DeFi hub, the Emmet Interchain Network integrates and manages the interoperability of various blockchain networks. It provides the necessary infrastructure for cross-chain swaps, lending, and other DeFi services, ensuring that these operations are secure, efficient, and user-friendly. By centralizing these functionalities within a single, secure network, Emmet.Finance offers users a unified platform for accessing DeFi services across multiple blockchains further aggregating the siloed and scattered liquidity from across the industry.