Asset Twins: Secure Access to DeFi with the Nexera Standard (ERC-7208)

Imagine having a portfolio of assets securely stored on a secure private blockchain and being able to use parts (or fractions) of those assets on multiple public blockchains—without compromising the security or ownership of the original asset. Until now, this level of flexibility and control has been impossible. But thanks to the Nexera Standard (ERC-7208) - the universal token adapter - this future is becoming a reality. Let’s explore what makes the Nexera Standard so groundbreaking and how it’s set to transform how institutions engage with digital assets.

Blockchains are changing the way financial markets work. Every step forward has unlocked new possibilities, from the creation of Bitcoin to the rise of decentralized finance (otherwise known as DeFi). But, there’s still a gap when it comes to financial institutions and asset managers. They’ve hesitated to dive in, mainly because the risks are still high. Thanks to the Nexera Standard (ERC-7208), there is a new way to safely and easily bring traditional finance players into DeFi— A use case called asset twins.

Think of it like this: imagine you have a portfolio of assets stored securely somewhere you trust. Now, what if you could use pieces (or fractions) representing those assets across multiple places, allowing them to be used for various activities—without giving up control or security of the original assets? Until now, that kind of flexibility hasn’t been possible in blockchains. But thanks to the Nexera Standard, the “universal token adapter,” that future is just around the corner. Let’s dive into why the Nexera Standard is such a game-changer and how it’s set to open up new opportunities for digital assets.

Digital Asset Management: Where Fragmentation Reigns

Managing digital assets across multiple blockchains is, at best, complex and, at worst, quite risky. Each blockchain operates by its own set of rules, and assets are often isolated within those ecosystems as different technologies are used across the board. As a result, institutions that want to access all these assets are forced to juggle multiple accounts, wallets and platforms. Using DeFi protocols and moving assets from one blockchain to another isn’t easy either—it exposes them to additional risks, such as smart contract risks, which can lead to hacks, exploits and, ultimately, loss of assets.

For institutions, this fragmented system creates roadblocks that make DeFi seem more trouble than it’s worth. Keeping track of assets spread across multiple blockchains while maintaining security and reducing risk is a big challenge. If DeFi is going to revolutionize finance, we need a simpler, safer way for institutions to join in.

Omnichain Asset Twins: One Asset, Many Chains

This is where ERC-7208 - the Nexera Standard - comes in, allowing for the creation of omnichain asset twins. Allowing a portfolio of assets to be represented on many different blockchains without losing control or compromising security.

In the past, assets were tied to the blockchain they were created on, requiring complex bridges to move assets between chains like Polygon and Binance Smart Chain. The Nexera Standard changes this by letting you fractionalize (split into many smaller pieces) and deploy representations of an asset across different blockchains, all while keeping the core asset secure—an easy way to manage assets across many blockchains.

ERC-7208 - The Nexera Standard: A Universal Adapter for Assets

The magic of the Nexera Standard lies in how it separates the asset data (the actual asset) from the smart contract logic (the rules that govern the assets). So, your asset can adapt to different environments on various chains without changing its core identity. The architecture of the Nexera Standard provides the capabilities for omnichain assets to be born, which allows us to create Asset Twins. Whether your asset is stored on a private blockchain or split into fractions on a public one, the Nexera Standard lets institutions keep full control while still using their assets across different platforms.

Imagine the Nexera Standard as a universal adapter for digital assets, much like the travel adapters you use for plugging in your devices abroad. No matter which blockchain your assets are on—whether it’s Ethereum, Binance Smart Chain, or Polygon—the Nexera Standard can allow them to work seamlessly across different blockchains, even if each has its own rules.

For example, say a company holds $100 million worth of Ethereum (ETH) on a private blockchain. With the Nexera Standard, they could split that ETH into smaller pieces and use those fractions on public blockchains like Avalanche or Binance Smart Chain. These fractions can interact with DeFi applications while the main asset remains secure on the private blockchain.

And it gets even better. The Nexera Standard can embed Oracle data into the fractions, allowing them to sync up with updates on other fractions and the core portfolio. Plus, because the Nexera Standard is omnichain by design, it works across any blockchain!

Real-World Example: Seamless Cross-Chain Portfolio Management

Let’s say you’re managing a portfolio of digital assets spread across several blockchains. You want to take advantage of yield farming and other opportunities in DeFi. Normally, you’d have to send portions of your assets to different networks, which exposes them to risks like smart contract risk (coding bugs) and makes tracking and managing everything more complicated.

With the Nexera Standard, you can fractionalize your portfolio, deploying fractions on the blockchains you need, all while keeping the main portfolio safe. If something goes wrong—say there’s a security breach—you can burn (destroy) the fractions and reissue them, ensuring your core assets stay protected. This omnichain flexibility means you can engage with DeFi protocols and explore new opportunities without giving up control or taking on too much risk.

Why ERC-7208 - The Nexera Standard is a Game-Changer for Institutions

The impact of the Nexera Standard on asset management is huge, especially for institutions managing large portfolios. Here’s why:

• Simplified Asset Management: The Nexera Standard makes managing assets across multiple blockchains much easier. You don’t need to hold separate versions of your assets on every chain, reducing complexity and operational risks.
• De-Risking DeFi: The Nexera Standard allows institutions to engage with DeFi on multiple chains without compromising the safety of their core portfolio. This makes participating in decentralized finance easier and safer than ever before.

The Future of Asset Management: Interconnected Blockchains

The Nexera Standard isn’t just a tech upgrade—it’s a paradigm shift. Imagine a future where assets aren’t restricted to a single blockchain ecosystem but can move freely between chains, adapting to opportunities in real-time. This is the world that the Nexera Standard enables: a seamless, interconnected system where institutions can interact with multiple blockchains while maintaining full control over their assets.

Omnichain asset twins, made possible by the Nexera Standard, allow institutions to unlock the full potential of blockchain. They can access liquidity and DeFi protocols across any number of blockchains—without sacrificing security or control. The future of blockchain is interconnected, and the Nexera Standard is the universal adapter that makes it possible.

Wrapping Up: The Power of The Nexera Standard

The ability to fractionalize and seamlessly move assets across chains is one of the most exciting developments in blockchain today. The Nexera Standard’s universal adapter design allows institutions to manage their assets securely, flexibly, and efficiently while engaging with opportunities across multiple blockchains.

For institutions looking to streamline asset management and explore the expanding DeFi ecosystem, the Nexera Standard opens the door to a more connected, dynamic future. To learn more, check out the Nexera Standard’s documentation.