LSD for DeFi: Tenet, LayerZero companion to drive cross-chain liquid staking adoption

Layer-1 blockchain Tenet is ready to see its liquid staking derivatives platfrom plug right into a cross-chain decentralized finance (DeFi) ecosystem by way of a partnership with omnichain messaging protocol LayerZero.

Tenet has plugged into LayerZero’s cross-chain protocol to entry the broader DeFi ecosystem throughout quite a few totally different blockchains. The Cosmos-based blockchain is a DeFi-focused ecosystem which supplies liquidity and yield merchandise for liquid staking derivatives (LSDs).

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