LD Capital: Exploring the booming development of dappOS Intent Center Infrastructure

Author: Alfred, Duoduo

1. What is the intention

Since Paradigm explained the concept of intention in the “Intent-Based Architectures and Their Risks” released on June 1, 2023, “Intent-Centric” has become an important concept and development direction of Web3.

1. Definition of intention

In Paradigm’s definition, “intention is a set of signed declarative constraints that allow users to create transactions to third parties outsource but do not give up full control of the transaction party.”Simply put, the intention is to be based on the goal as the result, weaken or ignore the implementation process. For example, I want D and am willing to pay A as the cost, without the need to perform A-B-C-D process operations, and the intermediate links are outsourced to third parties.In abstract terms, the declarative paradigm centered on intention is the declarative paradigm, while Web3’s previous transactions or operations were mostly imperative paradigm.

2. Intent-centered meaning: Web3’s “1995 Moment”

The early development of computers began with the era of the command paradigm, which required users to interact and operate through the command line, putting high professional requirements on the use of computers, limiting the development of large-scale applications and technology.However, with the release of Windows 95, graphical user interfaces and browsers were introduced into computer operating systems, greatly lowering the user threshold and growing the number of computer users from less than 50,000 to hundreds of millions.This moment of change is called the “1995 Moment” of the Internet. It marks a fundamental change in the user interface, allowing ordinary people to easily access and use the Internet.

Similarly, with the development and maturity of Web2, many intention-centric products have become common things for users. For example, when doing Didi Taxi, the user’s intention is to “from point A to point B” and how to match the driver,Optimizing lines, settlement fees, providing information from both parties, etc. are all achieved by the platform.However, in the current Web3, users still face complexity in interaction, such as a series of operational steps involved in purchasing an NFT.If you have an intention-centric product, user operations will be greatly simplified.

In the world of Web3, by introducing more intuitive, user-friendly interfaces and operation processes, we can expect a breakthrough similar to the “Internet 1995 Moment”, thereby promoting the easy access and use of Web3 by millions of new users, further promoting the big pictureTechnology adoption and industry development of scale.This change will greatly promote the popularization and development of the Web3 ecosystem, make blockchain technology closer to the daily use of ordinary users, and thus achieve widespread acceptance and application of technology.

3. Key points of realizing intentions

(1) Focus on the results rather than the process

Intent items should allow users to clarify the intent of transactions and operations through declarations, rather than specific execution steps.

(2) Execution of the entrustment

Intent projects provide a mechanism that allows users to delegate execution of intent to systems, smart contracts, or third-party service providers.Whether it is automatic or manual execution, the execution process should be consistent with the user’s original intention and can provide sufficient flexibility and space for optimization where appropriate.

(3) The results can be verified

In the world of blockchain, an intent project ensures that the results of a transaction or operation are verifiable and traceable so that users and stakeholders can clearly understand and verify the execution of the intent, ensuring that the final results meet the user’s expectations.

2. Overview of dappOS fundamentals

1. Introduction to dappOS

dappOS is an intent execution network that creates a two-way marketplace that translates intent into on-chain results: On the supplier side, the service provider pledges collateral and chooses to run one or more execution services.In terms of requirements, it enables developers to find solutions that meet user intentions.

2. The underlying mechanism of dappOS: Optimistic Minimum Stake

In terms of the underlying mechanism of the network, dappOS introduces an optimistic minimum staking OMS (Optimistic Minimum Staking), which requires each task to be associated with predefined value and potential compensation in case of failure, allowing tasks to be executed before validating the results.If the task fails, the network punishes the responsible service provider through a consensus process to ensure that either the task submitted by the user is successful or the user is compensated prescribed, which significantly improves the efficiency and versatility of the network.

The OMS of dappOS and the AVS of EigenLayer have certain similarities in technical structure. The service provider of dappOS is similar to the Operator in Eigenlayer.The main difference is that Eigenlayer mainly focuses on general scenarios, such as DA, oracle, ZK processor, etc.; dappOS is more oriented to intent-center task-related scenarios, which stipulates that each intent has a certain liquidation value, so that as long as stake exceeds liquidationThe value system is safe and efficient.

3. Application scenarios of dappOS

At present, dappOS has many application scenarios, such as the following:

(1) Unified Account

dappOS has a unified account compatible with the intent to execute the network.Similar to a centralized exchange, the assets in which they can be used in any dApp on the integrated chain and can be paid with most mainstream tokens, i.e. when the user’s assets are distributed on various blockchains, the user stillSimultaneous control of different on-chain accounts can be achieved through signing.

At the same time, dappOS unified account realizes flexible external interaction methods.Any externally owned account (EOA) can interact with applications that can also interact with a unified account using a highly scalable execution interface and custom service logic.

(2) Intent assets

The intended assets launched by dappOS will open up the seamless use of different forms of assets in different scenarios.For example, dappOS uses the intentUSD issued as the intended asset of the US dollar stablecoin, and can be used as USDT when users need USDT, as USDC when they need USDC, and automatically earns profits when they are idle in the account.This type of assets solves the biggest scenario problem of stablecoins and LSD assets, and makes new users not need to understand the differences between homogeneous assets such as USDC/USDT, simply put it simply.

Simply put, the intended assets of dappOS can become the “Yu’ebao” in Web3.It handles the complex details behind it through the intention of dappOS to execute the network, which will further improve the efficiency of digital assets and lower the threshold for use.

(3) Real-time dApp contract interaction

The intent execution network of dappOS provides an excellent execution framework for real-time interaction with dApps.The framework allows users to achieve seamless transition from the initial state to the final state with a simple signature.Many traditional implementation processes of intentions will include cross-chain, asset conversion, authorization contracts and other on-chain operations. These operations are essentially means rather than users’ purposes; and the real-time interactive execution framework of dappOS can allow users to avoid caring about these intermediates.Operation, signing can directly achieve its purpose in one go, thereby optimizing the user experience.

In addition, through mechanism design such as OMS, the real-time dapp interaction provided by dappOS can ensure that all operations comply with the decentralization and security standards of blockchain throughout the process, while also ensuring efficient and low cost of operations.This method of simplifying complex blockchain operations based on user intentions not only greatly improves user convenience, but also promotes the application and development of a wider range of blockchain technology.

3. Advantages of dappOS

(1) Innovative underlying mechanism design

As the infrastructure of the intention track, the underlying mechanism of dappOS, OMS is specially designed for intention scenarios. This mechanism ensures user security while greatly improving the execution efficiency of intention tasks.It can be said that the importance of dappOS’s OMS to the intention track is equivalent to the importance of Eigenlayer’s AVS to the Restaking track.Such an underlying mechanism allows dappOS to occupy the core ecological position of infrastructure in the intended track.

(2) Rich application scenarios and first-mover advantages

The intention execution network of dappOS has already had many application scenarios, including unified accounts, intention assets, real-time dApp interaction, etc., which is rare in the intention track that is still in the period of potential explosion.Compared with many infrastructure projects in other intent tracks that are still in the concept and development stage, these application scenarios can enable dappOS to cooperate with many current Web3 projects, expand their ecological network first, iterate, and form a first-mover advantage.Become the leader in infrastructure in the Intent Track.

3. DappOS ecosystem development

Since the second half of 2023, the dappOS ecosystem has begun to accelerate its development.Since intention-centric interactions are easier for users to get started, integrating dappos intention infrastructure can often bring considerable growth to projects.Therefore, many top and emerging projects have cooperated with dappOS, such as Manta, GMX, BENQI, KiloEx, etc.

For example, after KiloEx integrated dappOS on April 16, 2024, transaction volume increased by 217% in one week and DAU increased by 3,000%.

4. Financing information

dappOS has excellent financing lineup and has received support from first-tier investment institutions including Polychain, Binance Labs, Sequoia, IDG, Hashkey and other first-tier investment institutions.Polychain, the lead investment in the round A, performed strongly in this cycle, investing in re-private leader EigenLayer and modular leader Celestia.Dappos is a project that it intends to plan the track.

V. Conclusion

With the development of blockchain underlying technology and the gradual maturity of various projects, future development will go from infrastructure to application-friendly and user-centered projects, and intention-centered projects will become the focus of the development of the entire industry.dappOS has solid underlying technology, and has resource support from excellent investment institutions such as Polychain and Binance Labs. It also has continuously expanded leading projects (such as GMX) to join the ecosystem. In the future, Dappos may become the leader in the next intention track.Turn on the moment to introduce large-scale applications and traffic.

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