Layer Zero
December 5th, 2022

LayerZero is a multichain protocol that connects networks with each other and removes the problem of interoperability. They raised, by the way, $135 million

Activities:

Still inside you can nibble and label the roles

  1. Using Stargate (https://stargate.finance/transfer)
    Transfer money from ether to any available network, I would make a transfer of not less than 0.11 ETH

  2. Also, keep an eye out for when the voting opens here (https://snapshot.org/#/stgdao.eth), there will be a smart zastekat a bit STG (https://stargate.finance/stake) and become a member of DAO, for voting on the githab Optimism not badly poured

    Well, I'd also brandish roles on Galxe (https://guild.xyz/stargate)

    1. Aptosbridge (https://theaptosbridge.com/bridge)
      Here we can transfer money from any (almost) network to Aptos, and also at the same time we can take part in fat bounty program. You find the bug, you get a lot of money. 👉 Here you can find details (https://medium.com/layerzero-official/the-aptos-bridge-by-layerzero-5117030afd4f).

    2. We use different projects.
      👉Rage (https://www.rage.trade/)
      👉Radiant (https://app.radiant.capital/#/markets)
      👉Angle (https://www.angle.money/#/)

  3. BTC.b (https://bitcoinbridge.network/) uses the LayerZero Omnichain Fungible Token (OFT) standard to seamlessly integrate Bitcoin into all networks supported by LayerZero.

BTC.b, a token that represents Bitcoin on Avalanche and automatically connects (is transferable between blockchains) to Core (https://about.core.app/) , is now an interchangeable Omnichain token (OFT) that quickly and securely transfers to and from Avalanche and Ethereum, Polygon, Arbitrum, Aptos or any other blockchain supported by LayerZero in the future.

🙌Omnichain Fungible Token (OFT) from LayerZero makes BTC.b composable across multiple blockchains - no more fragmented liquidity. BTC.b users don't need to change their workflows and can interact directly with the BTC.b token contract. Now you can simply use the LayerZero Bitcoin Bridge to transfer BTC.b to any of the supported LayerZero blockchains.

BTC.b as an OFT allows Bitcoin to exist in many more dApps and blockchains than ever before. BTC traders can now create more sophisticated strategies around their bitcoins, such as hedging and high-frequency arbitrage capabilities.

🔨This is all very interesting, of course, but how do we take advantage of it?

1️⃣Exchange AVAX for btc.b. As an option, you can do it on DEX #1 Trader Joe's avalanche (https://traderjoexyz.com/trade#/).

2️⃣On the same dex or HERE (https://bitcoinbridge.network/bridge), we bridge in other networks, for example in Arbitrum - extra interaction with top project without token will not prevent, we fill up volumes, periodically repeat with different sums.

Thank you for reading and don't forget to be active twice a month .

Follow me on Twitter @Ukrainiantigers

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