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More

    OKX launches public mainnet for its ZK-powered L2 community “X Layer”

    Latest News


    • X Layer is a zero data (ZK), EVM-compatible Layer-2 community.
    • The Polygon CDK powered L2 is dwell and  integrates with over 200 dApps throughout DeFi, wallets, NFTs and gaming amongst others.

    OKX, one of many world’s largest crypto alternate firms, has launched the general public mainnet of its EVM-compatible Layer 2 community “X Layer” is now dwell.

    Haider Rafique, the chief advertising officer at OKX, introduced the launch in a weblog submit on Tuesday.

    In accordance with the OKX official, the Polygon Chain Growth Package (CDK)-powered L2 integrates with over 200 decentralised purposes (dApps) onboarded throughout X Layer’s testnet.

    X Layer integrates over 200 dApps

    X Layer additionally integrates with the OKX alternate’s CEX platform and the OKX Web3 Pockets.

    As an EVM-compatible community, X Layer permits customers to faucet into dApps on Ethereum in addition to bridge belongings from the OKX CEX and Web3 Pockets.

    Our goal is to make it cheaper and quicker for tens of millions of individuals to go out and in of on-chain purposes by means of our Zero-Information Proof (ZK) powered, EVM appropriate L2 community,” Rafique famous within the weblog submit printed on April 16.

    Purposes presently out there with the mainnet launch embody 40 DeFi tasks, 20 Infrastructure, 12 bridge,  and 16 wallets. There are additionally 10 NFT and gaming, 10 SocialFi purposes and quite a few dev tooling dApps.

    See also  Bitcoin fails at $29k – will the Fed assembly’s end result set off a selloff?

    In style DeFi dApps on X Layer embody Chainlink, Curve, Renzo, and QuickSwap whereas Infra purposes embody LayerZero, Wormhole, and EigenLayer (DA).

    X Layer is geared toward unlocking and accelerating adoption of Web3 financial system, Rafique stated.

    OKB, the native OKX token, will function the native asset of the X Layer community. Customers will leverage the token for transaction charges on the community.

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