I know asking you to watch a 10 minute video is an act of aggression, but if you are interested in cross-chain / interop take the time for this one. First time we demo
@LayerZero_Labs
in the wild
A few important things to note about the video
We chose to show DEX -> bridge -> DEX but this can be any arbitrary contracts across any chains. The design space is near limitless.
want to unstake your farm on Ethereum and stake it onto
@avalancheavax
in a single tx on ETH? done
Want to cast votes from
@arbitrum
or
@0xPolygon
without needing to swap or move all of your assets to another chain where governance lives? done
want to collateralize on one chain and borrow on another? done
The ability to do all of this seamlessly and from a single transaction from source opens up a world of possibilities at the User Application layer.
UAs can now own the entire cross-chain interaction and retain the user in their UI rather than linking out or needing user to leave
It is our very firm belief that 95% of bridging volume 6-18 months from now will be driven at the application level vs the current status quo where almost 100% of it is driven at the user level.
We've built LayerZero in a way that optimizes for this. Integrations couldn't be easier and with
@StargateFinance
it opens the possibility for anybody to wrap any 2 contracts and create their own pathways.
Want to make a Uniswap (Eth) -> 1inch (Polygon) path? easy
Trader Joe -> Raydium? no problem
3rd party defi hubs or wrapping existing defi into other products now becomes incredibly easy (and likely lucrative) to do. A race for eyeballs, users benefit from best experience :)
Our mission is to connect every contract on every chain.
This is no longer a thought experiment or technical document it's fully built, multiple audits completed and live on testnet. Projects are already integrating on top of it and we're gearing up for full steam 💪
If you're a project building cross-chain -- reach out. We want to speak to you, have resources to leverage, and can promise you the best possible integration experience anywhere.
@PrimordialAA
@LayerZero_Labs
this only works between evm compatible chains right? tss would have an advantage over swaps with non-evm compatible chains. but what do you think are some of the advantages of layerzero over tss?
@PrimordialAA
@LayerZero_Labs
Woo one of the first 500 🙌
Cross chain DEX is sick, so many other potential use cases of Layer Zero
I remember reading your early posts on twoplustwo HUSNG forum loooool
@PrimordialAA
@LayerZero_Labs
Hmmm interesting how you state that the user would need to go to a CEX to obtain gas on the chain they bridge to using
@SynapseProtocol
...when one of the perks of using their bridge is that you get some of the native token on the other side 🙃