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- Bitlayer companions with LayerZero for seamless cross-chain dApp communication.
- LayerZero’s protocol eliminates cross-chain transaction charges, enhancing consumer expertise.
- defi.cash integrates LayerZero for safe, omnichain stablecoin transfers.
Bitlayer teamed up with LayerZero Labs to enhance cross-chain interoperability inside its ecosystem.
This partnership will use LayerZero’s open-source, immutable messaging protocol. It will enable Bitlayer initiatives to create dApps that talk seamlessly throughout over 90 blockchain networks. Moreover, the combination will let builders bridge funds throughout over 300 decentralized functions working inside Bitlayer’s ecosystem.
LayerZero’s Protocol Eliminates Transaction Charges
LayerZero’s messaging protocol will eradicate transaction charges related to cross-chain interactions, simplifying the bridging course of between varied blockchain platforms. The protocol’s distinctive design will give Bitlayer builders extra management over the safety of their functions, 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 Ethereum Digital Machine (EVM) compatibility, making it simpler for builders to design and deploy functions that talk and performance seamlessly throughout a number of blockchains.
Learn additionally: LayerZero Redistributes Unclaimed ZRO Tokens, Rewards Lively Customers
LayerZero has shortly grow to be important for cross-chain connection, rising as a number one decentralized messaging and communication resolution. As of the second quarter of 2024, LayerZero has facilitated over 137 million messages throughout 90 totally different blockchain networks.
The protocol has supported over $5.0 billion in crypto-asset transfers, with greater than 200 decentralized functions utilizing its messaging system for cross-chain interactions.
Defi.cash Adopts LayerZero for Enhanced Performance
Apart from its partnership with Bitlayer, LayerZero has additionally built-in with DeFi protocol defi.cash. This integration will enable defi.cash’s native stablecoin, MONEY, to perform as an omnichain fungible token (OFT), enabling cross-chain liquidity and seamless token transfers throughout supported networks.
With the OFT customary, customers will have the ability to ship, obtain, and deploy property throughout blockchains, making a natively omnichain surroundings for defi.cash.
The defi.cash workforce famous that LayerZero’s safe messaging protocol shall be essential in guaranteeing that defi.cash maintains full management over the MONEY contract, eliminating third-party dangers.
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