Developers can tap into powerful, composable SDK modules to onboard users, control gas fees, and bundle transactions easily, among other UX benefits.
The new Biconomy SDK allows dApp developers to make a decentralized application (dApp) chainless in minutes, thanks to Biconomy’s state-of-the-art chainless modules that leverage cross-chain messaging effortlessly, powered by Axelar. "Chainless" means the dApp is chain-agnostic, onboarding users and securely communicating via any blockchain. The end result is a seamless and integrated user experience that helps accelerate any product roadmap.
“Biconomy was built with the next billion Web3 users in mind and we are fulfilling this goal by meeting developer and user needs. From gasless to one-click transactions, we are making sure engaging with Web3 feels as easy as signing your name. We are proud to partner Axelar to create utility and simplify Web3 for everyone,” said Ahmed Al-Balaghi, co-founder of Biconomy.
The backbone of the Biconomy SDK is a Smart Contract Wallet which is created when any new user onboards with a dApp.
Each Smart Contract Wallet is a smart contract associated with each user's EOA (Externally Owned Account). It is a non-custodial account and provides added security compared to EOAs with a single private key. Users can deposit funds that no one else can control and transfer assets at any point in time.
“Axelar provides infrastructure for secure cross-chain communication, and it’s partners like Biconomy that make it possible for developers to turn that into meaningful features and user experiences,” said Sergey Gorbunov, co-founder of Axelar. “Together, we’re making it easy for developers to build permissionless, decentralized and easy-to-use networks that are natively cross-chain and available to everyone.”
By partnering with Axelar, the Biconomy SDK is able to create a simplified user experience, where network and chain complexities are abstracted away, regardless of the chain or network that a dApp is built on.
Biconomy is a Web3 developer platform founded in 2019 that empowers blockchain developers to build without limits, so we can all easily access and benefit from a decentralised future. They’ve now developed a hyper-flexible SDK that lets developers build effortlessly while keeping things simple for end users.
Axelar delivers secure cross-chain communication. That means dApp users can interact with any asset, any application, on any chain, with one click. You can think of it as Stripe for Web3. Developers interact with a simple API atop a permissionless network that routes messages and ensures network security via proof-of-stake consensus.
Axelar has raised capital from top-tier investors, including Binance, Coinbase, Dragonfly Capital and Polychain Capital. Partners include major proof-of-stake blockchains, such as Avalanche, Cosmos, Ethereum, Polkadot and others. Axelar’s team includes experts in distributed systems/cryptography and MIT/Google/Consensys alumni; the co-founders, Sergey Gorbunov and Georgios Vlachos, were founding team members at Algorand.
Satellite gas fees, explained: In this post, we explain cross-chain gas costs, where they are charged, how they are estimated — and how Axelar keeps cross-chain gas payment complexities in the background for users.
Axelar is one of the early adopters of Polygon Supernets which will expand the interoperability of Polygon Supernets — high-performance app-specific chains that can be optimized for a dApp or a category of dApps.
Combining Axelar with the recently announced Cross-Chain Transfer Protocol (CCTP) by Circle, we plan to unlock seamless Web3 user experiences to make blockchain technology accessible to billions of users.