IQ GPT, a globally known tokenized agent for decentralized finance (DeFi), is reportedly live on SOON Network to offer enhanced blockchain solutions. SOON Network, founded in 2024 by Joanna Zeng, intends to provide support for high-throughput deployment of SVM Layer 2 solutions on various Layer 1 blockchains.
In the Soon community, IQ AI will provide precise and accurate answers to their on-chain queries. It will educate members of the SOON community by involving them in productive discussions. IQ GPT took this news to its official social media platform, X.
SOON Network Enhances Blockchain Adoption by Three Core Components
SOON Mainnet is basically a Layer 2 network on Ethereum ($ETH) which utilizes Solana Virtual Machine (SVM). To offer a scalable environment for developers it intends to address the limitations of Ethereum Virtual Machine (EVM). To facilitate the collaborations among developers from different blockchains The Mainnet combines the features of SVM with Ethereum.
SOON Stack which is an infrastructure framework is designed for running an SVM Layer 2 on various Layer 1 networks. Presently, SOON Network is supporting Ethereum as the settlement layer with strategies to increase to additional L1 and DA layers. Additionally, it aims to simplify SVM-based blockchains to offer flexibility for multiple applications including consumer and gaming apps.
InterSOON is designed to enhance the communication between SOON Mainnet, SOON Stack, and other Layer 1 networks. It facilitates the more complex cross-chain communications by offering a standardized messaging layer for smart contracts.
Enhancing Performance and Scalability
The ultimate aim of SOON Network is to separate the Solana Virtual Machine (SVM) from the consensus layer to increase flexibility and performance. This separation from the consensus layer enables SVM to process efficiently. Additionally, it can be said that SVM can process transactions more proficiently and scale freely.
SOON Community seems to be a dynamic and engaged group and the members of SOON Community seem to be involved in various activities to enhance their knowledge through multiple discussions.
