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Jacek.degen.eth 🎩
@jacek
Degens, we’ve landed on @solana! Begin trading $DEGEN now on Meteora! $DEGEN is an OFT on Solana via LayerZero. Bridge seamlessly with @stargatefinance. Keep $DEGEN on Base, DEGEN L3, or Solana – wear your 🎩 everywhere. Adding a chain ≠ adding supply; market cap stays the same.
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Callum Wanderloots ✨
@wanderloots.eth
How does this impact supply/market cap? The same circulation, just some of the tokens are now on Sol?
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Jacek.degen.eth 🎩
@jacek
Market cap and supply stay the same. LayerZero uses a lock-and-mint model, meaning tokens on Base get locked in a lockbox while new ones are minted on Solana. When you bridge back, the tokens on Solana are burned, and the ones in the lockbox are unlocked. So, no extra tokens are created—just moved!
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