<aside> 💡 The OIF is a full-stack framework for cross-chain intents to be permissionlessly deployed, discovered, and solved.

There are two main components:

• Contracts – modularized collection of smart contracts for cross-chain operations which includes input collection, output delivery, and an oracle/messaging/settlement layer.
• Solver – a high-performance, cross-chain solver implementation to enable efficient order execution by discovering intents, finding optimal execution paths, and settling across chains. </aside>

<aside> 🏠

Resources

Docs

GitHub

• Contracts
• Solver

Get in touch

• Contact form
• Telegram </aside>

https://www.youtube.com/watch?v=IU6GQIIP9zk

Why Intents

We live in a multichain world. A large number of differentiated and valuable chains settle to Ethereum, in order to tap into Ethereum L1’s shared security and liquidity. This is great for users inside the Ethereum ecosystem, who can now more easily benefit from the safety and security properties of Ethereum L1, while still holding assets on other chains. However, this has also introduced fragmentation and friction into the user experience.

Intents are a powerful, high-level primitive to help unify the Ethereum ecosystem and achieve frictionless, cross-chain UX. Users simply express an intent (e.g “swap 100 USDC on ChainX for 100 USDT on ChainY”), and a specialized agent —commonly known as a solver or liquidity provider— completes it for them. Solvers handle the difficult parts, such as finding the best execution route, settling the transactions, and taking on finality risk.

However, as a new chain, integrating intents is not easy. You have to convince an existing protocol that your chain is worth integrating, which can require lengthy back and forth. If you want to run a solver for your own chain, you have to build this infrastructure and manage the associated costs, like settlement and rebalancing, yourself. Generally, solver liquidity management and sourcing is a challenge. Builders are constantly innovating and exploring new ways to improve intents, but getting from idea to production is difficult. You have to build the whole intent stack –from smart contracts, settlement, solver integrations to UIs.

The Open Intents Framework

Instead of building intents infrastructure from scratch, developers can leverage a suite of modular abstractions - including a solver and composable smart contracts - to customize and deploy intent-based protocols with ease. By modularizing key components of the intents stack, such as solving and settlement, the Open Intents Framework gives developers the flexibility to mix-and-match parts that are best suited to their specific needs, without being locked into a single vendor.

Interop For All Chains

The OIF is an ecosystem-wide initiative led by contributors from the Ethereum Foundation, Hyperlane, LI.FI, OpenZeppelin, Across, Wonderland, Uniswap, Arbitrum, Coinbase, + more, with the goal of bringing open and permissionless intents to all of Ethereum, as a best-in-class technology stack and a fully open source, public good.

Unlocking new possibilities across the Ethereum ecosystem:

• Different order types like cross-chain dutch auctions can be easily tried out.
• Running a solver (especially across different intent protocols) becomes more accessible.
• Chains can easily deploy intent infrastructure themselves without needing interest or permission from existing intent protocols.
• Different settlement mechanisms can be created and easily migrated to over time.