Enjoyoors Orchestrator AppChain (L3)
The Orchestrator AppChain is our proprietary L3 sidechain running on top of a prominent and known SDK with the primary purpose of hosting the decentralized Enjoyoors Management System.
Last updated
The Orchestrator AppChain is our proprietary L3 sidechain running on top of a prominent and known SDK with the primary purpose of hosting the decentralized Enjoyoors Management System.
Last updated
Launching the L3 sidechain is an essential milestone toward the complete decentralization of orchestrating Enjoyoors vault. The Appchain will hold the actual state of important static and dynamic protocol parameters, while further actions (rebalancing, commands to vaults, etc.) will also be transparently reflected on the sidechain.
The AppChain can accept future deployments of third-party smart contracts, opening up a promising opportunity to create a full-scale DeFi ecosystem based on the Enjoyoors Orchestrator AppChain. With its extraordinary TVL potential, Enjoyoors can offer liquidity support on demand and become a home for highly liquid DeFi products.
Advantages of running own L3:
1. Saving on fees – many transactions will be free - L3 solutions significantly reduce transaction costs, as most operations are executed off the main chain and then aggregated for confirmation on L2 or L1. - In some cases, transactions can be entirely free due to subsidization or other fee-covering mechanisms.
2. Low-cost transactions – crucial for auctions - High gas costs make auctions (e.g., NFT sales or MEV strategies) less accessible to users. L3 solves this problem by offering near-zero fees. - L3 can implement specialized transaction pricing models, such as fixed minimal fees or payments in ecosystem tokens.
Comparison with other solutions: - Ethereum L1: High fees (hundreds of dollars during peak congestion). - L2 (Arbitrum, Optimism): Fees around $0.1–$0.5. - L3: Fees can be lower than $0.01 or even zero
3. High transaction speed without competition - L3 allows for transaction prioritization mechanisms, eliminating the need for competition for block space, as seen in L1 and even L2. - Technical transactions (such as liquidations, rebalancing, and arbitrage trades) can be prioritized, which is critical for DeFi.
4. Customizability – tailored execution environments - L3 networks offer greater flexibility, allowing developers to customize execution environments, fee structures, and consensus mechanisms. - This makes it possible to optimize network performance for specific use cases such as The Orchestrator Appchain.