Introduction
Paygrid is a chain-abstracted, application-specific clearing layer designed for payment operators. It provides a secure and scalable infrastructure for developers to build and orchestrate payment workflows across blockchain networks.
By leveraging the unique operational contexts of each payment flow—beyond just cost and speed—Paygrid applies targeted clearing mechanisms to optimize executions. This approach helps financial applications capture MEV revenue from their volume, improve operational efficiency and reduce costs while unlocking a superior experience for both end-users and developers.
Key concepts:
Chain Abstraction: A combined effort to redefine blockchain interactions by hiding network complexities, creating a simplified experience for both users and developers.
Clearing: The process of validating, organizing, and optimizing the flow of payment obligations among participants before final settlement.
Maximal Extractable Value (MEV): Value generated and captured from transaction ordering.
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