layerzero

layerzero

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LayerZero's latest research report explores 11 big ideas to build omnichain. Here is a sneak peek of some of our favorites: - Omnichain Accounts: Unified, programmable smart contracts for all chains. - OFT Launchpad: Memecoins on every chain. - Omnichain Stablecoin Yield Aggregator: Find the best yield opportunities for stablecoins across 90+ chains. Explore these ideas and more in the article below ⬇️ https://link.medium.com/bczbsVW07Nb

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The Fee-Switch Referendum Is Live! Vote now with your ZRO from any chain: • “Yes” to activate the LayerZero protocol fee • “No” to keep the protocol fee inactive Voting begins today and closes on December 27. https://layerzero.foundation/fee-switch

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LayerZero Fee Switch Referendum https://layerzero.foundation/fee-switch Vote End Dec 27, 00:00 UTC

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🟢 LayerZero is now live on Vana. Vana is the network for user-owned data, laying the groundwork for decentralized AI. With LayerZero, Vana connects to over 90 chains, enabling seamless interoperability for token transfers, application deployments, and data queries. Additionally, the chain's native gas token, $VANA, has integrated LayerZero's OFT Standard. $VANA holders can now move the asset across 8 chains on @stargatefinance !

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🗳 Fee Switch Referendum On Dec 20, 2024, 00:00 UTC, ZRO holders will vote: • “Yes” to activate the LayerZero protocol fee • “No” to keep the protocol fee inactive Voting ends Dec 27, 2024, 00:00 UTC. TL;DR - Only circulating ZRO is eligible to vote. - Quorum is 60%. From there, majority wins. - Vote with your entire ZRO balance from one chain. - Collected protocol fees would be used to buy and burn ZRO. Full Details: https://info.layerzero.foundation/fee-switch-referendum-1311df84e8b9

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Degen /degen token goes omnichain! $DEGEN is live on DEGEN L3, Base, Arbitrum, and Ethereum mainnet via LayerZero's OFT Standard. $DEGEN holders can now bridge across these four chains via @stargatefinance

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🟦 LayerZero is now live on Lisk. Lisk, an L2 in the superchain ecosystem, offers low-cost transactions and EVM compatibility. With LayerZero, developers can extend their apps to Lisk from over 90 chains.

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🔵 PayPal USD (PYUSD) integrates LayerZero to connect across chains, enabling seamless transfers between Ethereum and Solana. By utilizing LayerZero, users who self-custody their PYUSD tokens can seamlessly transfer assets between blockchains -- without needing to rely on centralized platforms like Venmo or PayPal. Read more below ⬇️ https://medium.com/layerzero-ecosystem/paypal-usd-pyusd-integrates-layerzero-to-connect-across-chains-enabling-seamless-transfers-cde9b242ecdf

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LightLink Chain will be utilizing @stargatefinance Hydra for the canonical stablecoins within their ecosystem! You can now bridge USDC, USDT and ETH to LightLink from all Stargate-enabled chains 🔥 The Omnichain is growing.

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⚫ LayerZero is live on Hedera! Hedera's hashgraph consensus is a secure alternative to traditional blockchain consensus, using a unique "gossip about gossip" protocol to verify transactions quickly. This approach enables Hedera to achieve high throughput and low-latency finality, while ensuring immutability and transparency on its public ledger. The Hedera Token Service (HTS) enables the creation and management of fungible and non-fungible tokens on the Hedera network with fast, low-cost transactions. It supports custom fees and compliance features, making it ideal for a wide range of applications from DeFi to NFTs.

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LayerZero is live on ApeChain mainnet as its canonical interoperability provider! ApeChain, built on Arbitrum, powers the ApeCoin ecosystem with APE as its native gas token. Integrated with LayerZero's OFT standard, APE enables seamless cross-chain transfers, enhancing utility across multiple blockchains while ensuring scalable and efficient transactions. ApeChain focuses on ecosystem discovery, unique Web3 features, and optimizing the user experience for developers and users alike.

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LayerZero is live on World Chain mainnet! World Chain by World, built on the OP Stack, is designed to scale its financial and identity network to billions of users. By integrating LayerZero, World Chain enables seamless cross-chain communication and asset transfers, ensuring scalability and flexibility while supporting Worldcoin’s mission of global growth and decentralized user control.

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APE, the native gas token of ApeChain and a core asset in the Yuga Labs ecosystem, is used for transaction fees, voting in ApeCoin DAO, and as a payment method in Yuga Labs titles and IRL purchases. It is now an OFT that can be seamlessly transferred between ApeChain, Ethereum, and Arbitrum. Additionally, ApeCoin's Native Yield mechanism, developed with Decent, enables users to earn yield on their ApeCoin balances without manual actions, while still maintaining omnichain interoperability.

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Movement Labs has selected LayerZero as its canonical interoperability provider! Movement Network is a highly-performant Ethereum L2 designed to enable scalable applications by leveraging MoveVM. With LayerZero, Move developers can create next-generation omnichain applications across additional VMs, such as EVM and SVM.

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Sonic Labs (prev. Fantom) has chosen LayerZero to provide interoperability for Sonic, an upgrade of Fantom Opera that offers some of the fastest settlement and highest performance amongst blockchains.

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