LayerZero confirms coin issuance and lists popular ecological projects

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0xAyA
7 months ago
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Interact with popular projects and make the final airdrop sprint before issuing coins.

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LayerZero confirms coin issuance and lists popular ecological projects

Just today, LayerZero Labs made it clear on social platforms that the protocol has native tokens, and the team will be committed to the distribution of tokens, which is expected to be completed in the first half of 2024.

At this point, this star project with a valuation of over US$1 billion has finally confirmed the fact of its currency issuance. In this article, Odaily will take stock of the hot projects in the Layerzero ecosystem.

Stargate

Stargate FinanceIt is a multi-chain cross-chain bridge protocol based on LayerZero. It was created by LayerZero Labs in March 2022. It is the core of Omnichain DeFi. It is also the first DApp based on the LayerZero protocol. It is a method that can realize the connection between multiple blockchains. asset transfer agreement.

DeFiLiama ​​data shows that Stargate’s current TVL exceeds $330 million, and its project token $STG price is $0.59.

LayerZero confirms coin issuance and lists popular ecological projects

Radiant Capital

Radiant Capital(RNDT for short) is a full-chain liquidity lending platform built through LayerZero cross-chain technology, which means you can deposit assets on one chain and borrow money on another chain at the same time. For example, users can deposit USDT as collateral on Arbitrum, lend ETH on Polygon, or lend wBTC on the BNB Chain chain. Currently, the project has been launched on the Arbitrum and ETH mainnets.

DeFiLiama ​​data shows that Radiant Capital’s current TVL exceeds $380 million, and its project token $RNDT is priced at $0.29.

LayerZero confirms coin issuance and lists popular ecological projects

Star Protocol

Star ProtocolIt is a full-chain domain name protocol built on LayerZero, which supports the domain name cross-chain function of 25 blockchain networks. Users only purchase a single domain name and can use it on 25 blockchain networks supported by Star Protocol, including Linea, Scroll, Manta and other networks.

OmniBTC

OmniBTC It is a cross-chain DEX aggregator based on LayerZero, designed to link the liquidity of multiple ecosystems, and supports Ethereum mainnet, Avalanche, Sui and other networks.

DeFiLiama ​​data shows that Radiant Capital’s current TVL is close to $4 million. The project currently launches a membership NFT called OB Pass. Users holding OB Pass can participate in community governance and voting.

LayerZero confirms coin issuance and lists popular ecological projects

Angle Protocol

Angle ProtocolIt is a decentralized stablecoin protocol based on LayerZero. It has currently launched the euro stablecoin agEUR and the euro savings solution stEUR. The latter is mainly supported by the real world assets (RWA) owned by the protocol in the agEUR reserve. The initial income The rate is set at 4% and payments are made in Euros.

Angle Labs previously completed a $5 million seed round of financing, led by a16z, with participation from Fabric VC, Wintermute, Divergence Ventures, Global Founders Capital, Alven, Julien Bouteloup and Frédéric Montagnon.

LayerZero confirms coin issuance and lists popular ecological projects

Mugen Finance

Mugen Financeis a revenue management protocol based on LayerZero that aims to create a more transparent and diversified revenue strategy. It announced the launch of cross-chain DEX aggregator Cross-Chain Swaps v1 in April this year, which can obtain the best offers for users from DEXs such as UniSwap, SushiSwap, TraderJoe and PancakeSwap, and supports networks such as Arbitrum, Optimism, Avalanche, BNB Chain and Polygon. .

LayerZero confirms coin issuance and lists popular ecological projects

Hashflow

HashflowIt is a cross-chain DEX that focuses on zero slippage and MEV protection. It uses LayerZero to achieve cross-chain messaging. It currently supports Ethereum mainnet, BNB Chain, Avalanche, Polygon, Arbitrum and other networks.

This month, Hashflow officially released its latest version - Hashflow 2.0. Its core highlight is its Smart Order Routing (SOR) feature. This feature automatically directs traders to the best quote, regardless of whether the quote comes from a traditional market maker or an automated market maker (AMM). This means that traders do not need to worry about getting the best price when using Hashflow, the system will automatically complete this judgment. Additionally, Hashflow 2.0 was announced as a service on the Solana blockchain.

LayerZero confirms coin issuance and lists popular ecological projects

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