- Bitlayer works with LayerZero for seamless cross-chain dApp communication.
- The LayerZero protocol eliminates cross-chain transaction charges and improves the consumer expertise.
- defi.cash integrates LayerZero for safe, omnichain stablecoin transfers.
Bitlayer has partnered with LayerZero Labs to enhance cross-chain interoperability inside its ecosystem.
This partnership will use LayerZero's open, immutable messaging protocol. This can allow Bitlayer initiatives to create dApps that talk seamlessly throughout greater than 90 blockchain networks. As well as, the combination will enable builders to bridge funds throughout greater than 300 decentralized purposes working within the Bitlayer ecosystem.
The LayerZero protocol eliminates transaction charges
The LayerZero messaging protocol removes the transaction charges related to cross-chain interplay and simplifies the method of bridging between completely different blockchain platforms. The protocol's distinctive design will give Bitlayer builders extra management over the safety of their purposes, permitting them to ship arbitrary messages throughout chains with out compromising their safety frameworks.
By integrating LayerZero, Bitlayer will additional improve its ecosystem's full compatibility with Ethereum Digital Machines (EVM), making it simpler for builders to design and deploy purposes that seamlessly talk and function throughout a number of blockchains.
Additionally learn: LayerZero redistributes unclaimed ZRO tokens and rewards energetic customers
LayerZero rapidly grew to become important for cross-chain connectivity and have become the main decentralized messaging and communication resolution. As of the second quarter of 2024, LayerZero was brokering greater than 137 million messages throughout 90 completely different blockchain networks.
The protocol has supported greater than $5.0 billion in cryptoasset transfers, with greater than 200 decentralized purposes utilizing its messaging system for cross-chain interactions.
Defi.cash makes use of LayerZero for enhanced performance
Along with partnering with Bitlayer, LayerZero has additionally built-in with the DeFi protocol defi.cash. This integration will allow defi.cash's native stablecoin, MONEY, to perform as an omnichain fungible token (OFT), enabling cross-chain liquidity and seamless switch of tokens throughout supported networks.
Due to the OFT customary, customers will have the ability to ship, obtain and deploy belongings throughout blockchains, making a natively omnichain setting for defi.cash.
The defi.cash crew famous that LayerZero's safe messaging protocol might be important to make sure that defi.cash maintains full management over the MONEY contract, eliminating third-party dangers.
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