This section aims to provide a detailed understanding of Glue Blockchain's vision, philosophy, and practical strategies.
We have compiled a series of frequently asked questions (FAQs) to help you grasp the core principles guiding our ecosystem. From our approach to ecosystem development to our unique philosophy on roadmaps and tokenomics, these FAQs will offer you a comprehensive insight into what sets Glue Blockchain apart in the rapidly evolving blockchain landscape.
What is Glue?
Glue is an integrated ecosystem running on Substrate.
It's a Layer 1 that acts as the central hub and the relay chain of the network, ensuring its security, governance, and compatibility between blockchains.
On top of the L1, Glue has three interconnected Layer 2 chains:
Finance L2: EVM-based L2, optimized for DeFi dApps.
Gaming L2: EVM-based L2, optimized for gaming and other non-time-critical use cases.
Asset Transfer L2: This network is used to mint and transfer assets from wallet to wallet. Due to its limited functionality, it is extremely fast and inexpensive, empowering P2P payment use cases.
What is the primary focus of Glue?
Glue Blockchain aims to establish a cohesive ecosystem rather than merely serving as a Layer 1 platform where developers randomly build decentralized applications (dApps).
The primary focus is to curate and integrate high-quality dApps within the ecosystem to ensure a seamless and cohesive user experience.
What is the overall vision for Glue?
Glue's vision is to create a highly adaptable blockchain ecosystem where various L2 solutions can thrive by making trade-offs suited to their specific needs. By allowing for this level of specialization and maintaining a unified security framework, Glue aims to offer a more dynamic and efficient alternative to both centralized exchanges and more monolithic blockchain networks.
We are excited to see how developers will leverage this flexibility to build innovative solutions that enhance the overall usability and performance of the Glue ecosystem.
Why does Glue believe its model is superior?
Every blockchain makes trade-offs, and Glue is no exception. Many existing chains, whether they are L1s or L2s, are general-purpose and make trade-offs to be reasonably good at everythingβspeed, decentralization, and cost. However, this generalization means they may not excel in any one area. By having use-case optimized L2s, Glue can handle a wide variety of applications and excel in each area.
By clustering applications with similar needs into a use case optimized L2s, Glue can offer enhanced scalability, better liquidity management, and improved overall performance.
By allowing different L2s to make distinct trade-offs, Glue offers a more nuanced approach that can better serve specific needs while maintaining overall security through its L1.
How do institutional users benefit from Glue?
Institutional users require strong security and user experience. Glue's design emphasizes these aspects by offering secure, well-defined environments that meet fiduciary responsibilities.
For example, institutional traders can benefit from Glueβs native multisig features, which allow institutions to set transaction parameters and approval processes, ensuring safe and compliant trading activities. This capability supports institutional participation while safeguarding their operations.