Advanced Intent Solver

Recently, the spotlight is firmly fixed on Intent in the Ethereum community. Paradigm has masterfully distilled Intent into an easily grasped concept:

An intent is signed a set of declarative constraints which allow a user to outsource transaction creation to a third party without relinquishing full control to the transacting party.

Previously, executing transactions was a manual ordeal, involving meticulous steps—asset bridging, quotes comparison, friction-filled paths, etc. — just to seek optimal efficiency.

Enter Intents—a game-changer. Users now only need to declare their desires.

"Purchase ETH with USDT if ETH dips below $1,500" becomes a reality. No longer must users labor over details; they simply place their order, and Intents orchestrate the magic and do all the calculations.

Intents are extremely helpful in both traditional finance and crypto fields. An intent is a goal that you declare, and an intent solver is an external party that tries to fulfill such goals. Currently, all solvers are implemented at a custodial level, meaning that you have to trust the software, such as a bot, and give them full control of your funds in order for them to execute.

In Versa, we have implemented plugins to let you delegate certain kinds of action, under a certain kind of restriction, during a certain range of time, to a certain party at a self-custodial level. We call this a session.

Using sessions, you can outsource the complexities of manually performing interactions/trades simply by declaring your goals to an external party, or what we call a program. With session, you can now have intent solvers doing any kind of thing for you: auto-invest in a token, pay your employees recurrently, or have a trading account to let the bot trade for you.

We strongly encourage you to check out our session key design. We think a combination of solvers and session keys can unlock a vast range of users, and we are happy to be in touch if you are looking to build a plugin!

Auto InvestingAutomatic Recurring TransferDelegated Trading Sub-accounts

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