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Degen Leverages LayerZero to go Omnichain

Twitter icon  •  Published 2 weeks ago on December 6, 2024  •  Hassan Maishera

On Thursday, the LayerZero team announced via X that Degen goes omnichain using LayerZero’s OFT Standard.

Degen Leverages LayerZero to go Omnichain

On Thursday, the LayerZero team announced via X that Degen goes omnichain using LayerZero’s OFT Standard. With this integration, $DEGEN is live on DEGEN L3, Base, Arbitrum, and Ethereum mainnet via LayerZero's OFT Standard. $DEGEN holders can now bridge across these four chains via Starknet.

LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $6.645, up 7.5% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.