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Gasp’s North Star ⭐

Gasp Team

• 5 min read
Gasp’s North Star ⭐

By Peter Kris - Co-Founder at Gasp

We are now just days away from the launch of Gasp — crypto’s first consolidated asset platform, designed to unify the fragmented digital asset markets through a single, easily accessible asset platform. Our vision for Gasp is bold, as the entire industry has been subconsciously heading towards a consolidation phase through efforts such as chain abstraction, interoperability, and shared liquidity across many previously isolated crypto asset ecosystems.

We are at an intermediary state of the industry that needs to be shifted to a more consolidated future where users and apps are able to communicate with every chain without the need for 3rd parties.

The first consolidated asset platform

Now, you might be wondering: "That all sounds great, but what does it actually mean?"

Crypto is still a wild, fast-growing space. It’s like a “fierce playground” where every idea wants to be executed in the richest fashion. But eventually, all industries go through phases of consolidation. This is a phase where you take all the positive innovation that has been developed, and you bring it together into something clean, easy, and accessible to all.

That’s what we mean by "consolidated." The one place where you can make the easiest buy and sell of digital assets. In 5 years, I see a mobile wallet in every phone wherever you are, and everyone will send value anywhere, in seconds.

Our mission is to create an interconnected network of liquidity across all blockchain networks. Gasp is designed to make it easy for anyone to access digital assets, trade them, and earn rewards while doing so.

Imminent Future

Right now, Gasp is on the brink of launching our Alpha product, a fuelling-up phase where early adopters who share our cross-chain vision can join us in the early success of our DEX rollout. It will include a utility token, $GASP, that’s key to unlocking our network. Users will be able to stake the token to get an allowance for daily trades, which will help us power the ecosystem. A strong utility token is critical because, without it, the network simply won’t work.

If you look at other projects like Uniswap and Thorchain, you can see what worked and what didn’t. Uniswap's permissionless listing is great, but liquidity is still isolated to the original blockchain. They have to use 3rd party bridges for cross-chain governance and no settlement exists in between. Thorchain has great cross-chain connectivity, but it doesn’t allow permissionless listing, which limits accessibility. Security has been a concern as well, questioning the multi-signature nature of deposit vaults.

We took these learnings to our hearts, and we want to provide the best of both worlds.

Combine Uniswap’s permissionless listing with Thorchain’s connectivity, while liquidity is secured by its originating L1.

It’s a big gap on the market and a huge opportunity for growth. This is where the future of DeFi is heading—and we want everyone to join us on this journey.

How do we build for the long term?

We will get to this future by focusing on a few key goals:

1. Become the easiest place to trade and manage digital assets

To make Gasp a success, we need to integrate with all the major blockchains and make it easy for people to connect their wallets and trade securely. But the most important part is keeping it open. That means allowing any long-tail token to be listed and giving people permissionless access to new use cases.

Think of Gasp as an aggregator of narratives, that allows people access to all future assets that emerge from the decentralized economy. We want to empower people to fiercely experiment and explore new directions in crypto.

On the community side, it requires building strong partnerships with L1s, L2s, and wallet providers. But we’re also committed to being secure and fast—because that’s what the industry needs. And most importantly, we plan to engage with regulators, ensuring that we can keep building this open financial system without compromising on the innovations that make crypto special.

2. Be non-opinionated about assets

Stablecoins and onchain FX, RWAs, memecoins, DeSci, NFTs, L1 and L2 tokens, and many more to come in the future.

Gasp doesn’t take a preference on asset category. Anything can be listed and traded against each other. The purpose is trading UX and liquidity where users choose what they like. Gasp’s job is to help them achieve success.

3. It’s not retail versus infra

A lot of people like to talk about serving either retail or infrastructure (B2B), but I don’t buy into that distinction. Blockchain is an open network, and it should work for everyone. Without retail, there’s no community to drive liquidity or test products. Without B2B, there’s no integration with other platforms, and no apps can be built on top of the protocol. All parts of the ecosystem need to come together to make this work.

Gasp serves users with Metamask as well as algorithmic traders using only an API. Both benefit from gas-free swaps and they can trade like they’re used to on CEX counterparts. We welcome solvers on our platform where they can rebalance their cross-chain inventories.

4. Become the secure central hub of digital assets’ liquidity

Ethereum is the most reliable and programmable platform for unstoppable code, and we’re fully committed to using Ethereum’s security for Gasp. For that, we’re partnering with Eigenlayer to secure our network with staked ETH, which means every transaction on Gasp is finalized by an AVS using Ethereum’s security.

Omnichain rollup architecture benefits from inheritance of L1 security. Combination of the two yields the natively secure cross-chain settlement.

Of course, we’re not stopping there. We’ll also integrate with other blockchains like Solana and Bitcoin. But the finality of all Gasp transactions will always be rooted in Ethereum.

Conclusion

We need to shift toward a more consolidated future where apps and users can communicate across chains without relying on third-party bridges or oracles—while keeping everything permissionless. That’s our vision for the future.

In the next few posts, we’ll dive into the roadmap for what’s coming next. We’ve got exciting stuff lined up, like cross-chain lending for solvers, more efficient liquidity reuse, and the groundwork for DeFi interoperability protocols.

It’s going to be a wild ride, and we’d love for you to be part of it. Let’s build the next chapter of the crypto revolution—together!

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