Nomial TL;DR
- Nomial is an Inventory Access Layer - it allows users to access inventory on multiple chains at low latency, for low cost, without bridging, and without fragmenting their capital.
- Nomial solves Fragmentation - this unlocks a new class of multichain interactions that are fast, simple, and scale to meet user demand.
- Nomial is not: a bridge, a messaging protocol, or a clearing layer.
Why Nomial?
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Fragmentation creates high cost and poor UX. Users should be able to access inventory on many chains without bearing the cost of fragmentation.
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The Problem of Fragmentation
Users need to fragment their capital as they interact with more chains. With the explosion of L2’s, this is becoming increasingly problematic. Holding and managing asset inventory on multiple chains comes with a huge cost. Everyone interacting with more than one chain currently bears this cost - from retail users down to sophisticated market makers, fillers, solvers, rollups, and protocols.
Fragmentation hurts:
- Rollups / Appchains / L2’s: fragmentation makes it expensive to acquire users, onboard protocols, and integrate bridging providers.
- Solvers: scaling to new chains is slow because solvers need to take on the risk of holding, fronting, and rebalancing fragmented inventory.
- End Users: managing assets across multiple chains and wallets is poor UX and has extremely high relative cost for users with smaller balances.
Users should be able to use any chain regardless of where their assets are held. There is no common primitive for this today.