Search results for "OFT"
15:01

River integrates with LayerZero to launch the first Omni-CDP module.

PANews August 21 news, DeFi project River announced integration with LayerZero, launching the first Omni-CDP module that supports cross-chain native minting of the stablecoin satUSD. Users can deposit assets such as BTC, ETH, BNB, or LST on any supported chain and mint satUSD directly on another chain without the need for bridging or wrapping assets, eliminating risks and complexities. satUSD adopts the OFT standard to ensure value uniformity across multiple chains and can be used for DeFi trading, staking, lending, and more than 30 protocols.
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ZRO-5.53%
01:52

The cross-chain DeFi protocol MaiaDAO has launched Ethereum reserves, currently the ETH holdings have reached 169 coins.

According to a report by Golden Finance, the cross-chain DeFi protocol MaiaDAO, which supports automated liquidity management and intent/OFT full-chain swapping, announced the launch of an Ethereum reserve in a post on the X platform by Strategicethreserve. Currently, the ETH open interest has reached 169, placing it 64th in the ranking of Ethereum reserve institutions.
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ETH-2.78%
DEFI-2.48%
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06:36

Derive announced that Aerodrome will provide Liquidity for the DRV chain on-chain Options protocol.

BlockBeats News, on January 14th, on-chain Options protocol Derive announced that Aerodrome will become the DRV on-chain Liquidity source, and DRV Token will adopt LayerZero's OFT standard, enabling Cross-Chain Interaction between Derive Chain, Base, and more than 100 chains from day one. Earlier news, Derive will launch DRV Token in January, with 5% of the supply allocated to sENA.
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DRV3.7%
AERO-5.77%
ZRO-5.53%
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01:23

LayerZero announced integration with Vana

Odaily Planet Daily News LayerZero announced the launch of Vana. With LayerZero, Vana can connect to over 90 chains, achieving seamless interoperability for Token transfers, application deployment, and data queries. In addition, the native gas Token VANA of the chain has been integrated with LayerZero's OFT standard. VANA holders can now trade on 8 on Stargate.
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ZRO-5.53%
VANA-15.41%
GAS-3.09%
STG-3.72%
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00:21

LayerZero: Ignition (FBTC) is building the entire chain

Golden Finance reported that LayerZero announced on social media that Ignition (FBTC) is building a full chain, FBTC is a full chain BTC asset, and it achieves interoperability using LayerZero. With the OFT standard, FBTC can be natively extended to LayerZero.
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ZRO-5.53%
BTC-0.87%
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00:13

Interoperability of the entire BTC asset FBTC using LayerZero

Odaily Planet Daily News LayerZero announced that the full-chain BTC asset FBTC now uses LayerZero to achieve interoperability. With the OFT standard, FBTC can be natively extended to any chain supported by LayerZero. In July, Ignition launched a full-chain BTC asset pegged to BTC 1:1.
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BTC-0.87%
ZRO-5.53%
11:18

Dogwifcoin has expanded from Solana to TRONTRON

Odaily Planet Daily News SunPump announced that meme coin Dogwifcoin has successfully achieved the first Cross-Chain Interaction transfer of native assets from Solana to TRON TRON network through LayerZero's OFT technology, and deployed it with Ambient support. This breakthrough marks a new stage for the meme ecosystem of the TRON TRON network and paves the way for future Solana assets to TRON TRON.
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SOL-1.08%
MEME-5.34%
ZRO-5.53%
TRX-1.09%
03:49
Odaily Planet Daily News Sei stated in a post on X that the Stargate composability layer has been integrated with Sei v2 to achieve the following goals: Specification of wETH: unify all Stargate connected chains to ensure seamless interoperability. Bridging wETH to the Sei network incurs no protocol fees, only gas fees on the source and target chains. OFT: Access each LayerZero bridgeable token for free, only pay the Gas fee; Easy Trading: Experience fast trading on the EVM chain with Stargate functionality.
SEI-3.85%
X-4.16%
STG-3.72%
GAS-3.09%
04:24

DYOR founder: Expected Layerzero (ZRO) FDV to be 53 billion - 97 billion US dollars

Based on on-chain application data analysis by DYOR founder Hitesh Malviya, Layerzero is estimated to be valued at $5.3 billion to $9.7 billion. Compared to Axelar Network, LayerZero is more like a B2B2C type, where asset transfers are typically handled by independent bridges. LayerZero will also introduce staking services and may involve some models and protocols built on top of LayerZero around OFT. News is also a key indicator for LayerZero, which may be 6-11 times higher in FDV compared to Axelar.
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ZRO-5.53%
WAXL-5.12%
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06:53
PANews, June 7th. Decentralized social network L2 Cyber (formerly CyberConnect) announced that the CYBER token will adopt the LayerZero OFT (Omnichain Fungible Token) standard on June 10, 2024, earlier than the start of mainnet staking on June 14, 2024. The OFT standard is a universal token standard used for sending and receiving tokens across multiple blockchains. It consists of a set of smart contracts that allow tokens to be created, used, and tracked on all blockchains where they are deployed. Currently, the CYBER token is available on the OP mainnet, BNB chain, and Ethereum. In TGE, the maximum total supply of CYBER Token is set at 100 million. However, each network currently has its own total supply, which together make up the maximum total supply of CYBER Token. On June 10, Ethereum will minting 12.3 million CYBER (total supply of OP + BSC). The CYBER supply has not changed, it is just tracked differently. New Tokens will be locked in the OFT adapter contract for bridge purposes only.
CYBER-5.74%
ZRO-5.53%
TOKEN-5.22%
OP-4.05%
19:33
📜Layer 2 Scroll zkEVM Introduces Points Program Ethereum Layer 2 solution Scroll has kicked off a loyalty program dubbed Scroll Sessions with the goal of increasing assets bridged to the network. To be eligible for Session Zero, users must bridge ETH and wstETH via Scroll’s native bridge or STONE, an omnichain fungible token (OFT), on LayerZero. Marks will be assigned retroactively for users who have deployed assets since Oct. 10, 2023.
ETH-2.78%
GOAL4.12%
ZERO-3.77%
VIA0.3%
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03:49
"Odaily Planet Daily News: LayerZeroLabs stated in their article on the X platform that weETH has adopted the OFT standard and will soon be launched on Blast, Optimism, Base, Linea, Mode, and BNB Chain."
WEETH-2.91%
BNB-1.75%
OP-4.05%
02:07
Odaily Planet Daily News LayerZero Labs announced on the X platform that LayerZero has launched Masa Network. Masa Network is a decentralized personal data network that operates as an Avalanche subnet. Masa empowers users to own and share their default private data to unlock the next generation of AI applications. By integrating with LayerZero to increase connectivity and data to more than 50 other blockchains, Masa is better positioned to achieve its mission of enhancing AI model training and development. In addition, the MASA token that powers this data network will become an OFT at launch.
AVAX-2.78%
11:31
Odaily Planet Daily News Web3 social data protocol Inspect has announced that it has completed a LayerZero integration aimed at bridging the gap between web2 and web3INSP is Inspect's native utility and governance Token, now OFT, an integration that enables users to collect information about Token, Non-fungible Token, and Wallet activity across various X Platform profiles across multiple chains.
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03:17
Odaily Planet Daily News LayerZero Labs posted on the X platform that its proposal for Venus Protocol to integrate LayerZero has been approved. The proposal proposes that Venus integrate LayerZero in three phases, first, it is proposed that Venus DAO adopt LayerZero's OFT standard, secondly, it will integrate a cross-chain governance module powered by LayerZero, and finally, Venus Protocol will realize the vision of a full-chain money market by integrating LayerZero.
01:54
Hart Lambur, founder of Across Protocol, once again posted about LayerZero. Lambur said that his remarks over the past few days are not an attack on LayerZero, but simply an attempt to have the right discussion about the state of security. Judging by LayerZero's current default configuration, the project is not satisfactory in terms of decentralization. LayerZero runs its own relayers on its own servers, the code is closed-source, and its oracle is Google-based by default, which is a completely centralized service and is also closed-source. Lambur continued, "My view is that LayerZero's practice of decentralizing its system to users is both dangerous and unethical, because that's not the case. Any wstETH that bridges to a chain such as BNB via LayerZero's OFT standard simply shuts down one of the two computers running (repeater, Google oracle) and becomes a brick, which is not allowed. ” Lambur concluded, "I want developers considering LayerZero to ask these important questions, and I want LayerZero to have an open, transparent conversation about their design choices." ”
22:40
Golden Finance reported that LayerZero Labs launched a new proposal in the Venus community, proposing to implement LayerZero technology to make Venus a true full-chain protocol. LayerZero proposes three integration phases: 1. Adopt LayerZero's OFT standard for the native stablecoin VAI and governance token XVS. 2.Venus integrates a cross-chain governance module powered by LayerZero. 3. Integrate LayerZero to achieve the vision of a full-chain currency market.
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02:02
During a panel discussion hosted by the American Film Institute Museum on Wednesday, Hollywood star Arnold Schwarzenegger discussed artificial intelligence and the oft-referenced Skynet from the "Terminator" franchise, Decrypt reported. Schwarzenegger compared the fictional Skynet to real-world AI developments that have turned fantasy into "_reality"_. "It's such great writing because now -- decades later -- it's a reality," Schwarzenegger said. "It's no longer fantasy or futurism. It's here today." It is reported that in the "_Terminator"_ series, Skynet is an artificial intelligence system created by Cyberdyne Systems for the US Department of Defense. The artificial intelligence becomes self-aware and sees humans as a threat, triggering a nuclear holocaust known as "Judgment Day".
01:07
On June 1st, Abracadabra, the issuer of the algorithmic stablecoin MIM, cooperated with the interoperability protocol LayerZero to integrate MIM into a full-chain alternative token (OFT). The MIM addresses on all chains will not change during the migration process. The fees related to the cross-chain transfer of MIM are determined by Abracadabra DAO, and currently no additional fees are charged except the Gas fee.
00:00

Soneium, a subsidiary of Sony, has been launched on StarGate.io.

Golden Finance reports that the cross-chain bridge StarGate.io, based on LayerZero, announced on the X platform that Soneium, a subsidiary of Sony, has launched on StarGate.io and joined its Hydra Chain network, now supporting over 50 native assets on blockchain and OFT access to Soneium to enhance liquidity and interoperability.
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ZRO-5.53%
00:00

L2 Soneium under Sony has been launched on StarGate.io.

BlockBeats news, on March 29, the cross-chain bridge StarGate.io announced on the X platform that Sony's L2 Soneium is now live on StarGate.io and has joined its Hydra Chain network, now supporting over 50 native assets on Blockchain and OFT access to Soneium to enhance Liquidity and interoperability.
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