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LayerZero Labs Profile picture
@LayerZero_Labs
Jun 5 • 10 tweets • 4 min read Twitter logo Read on Twitter
Last month was a pretty exciting one! A look back at what we accomplished! Image
.@PolyhedraZK released the zkLightClient giving developers more optionality with regards to their application owned security.

What point on the line is right for you?
LayerZero crossed 10MM messages, then doubled it less than a month later!
Launched the biggest bug bounty in the world!
The @CalBlockchain team put out an insightful report on cross-chain wallets.

They called LayerZero "an ideal solution for building a cross-chain wallet."
Caught up with a bunch of #LayerZero builders at the Avalanche Summit in Barcelona.
LayerZero went live on @CantoPublic
And also deployed an endpoint on @tenet_org
Hosted an exciting space with @zksync discussing the omnichain future.
Interested in learning more about LayerZero?

Read our docs here: layerzero.gitbook.io/docs/

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More from @LayerZero_Labs

LayerZero Labs Profile picture
Jun 6
.@MIM_Spell has launched an omnistable by utilizing the OFT Standard to transform $MIM into an omnichain fungible token.

Holders of $MIM can now move their stablecoins between Ethereum, Arbitrum, BNB Chain, Avalanche, Polygon, Optimism, and more. Image
As an OFT, MIM now allows for simple, feeless movement across multiple networks.

By harnessing LayerZero technology, @MIM_Spell continues to innovate its approach to cross-chain interoperability.
Looking towards the future, we are excited to work with the @MIM_Spell team to continue improving the functionality of "omnistables” and more.

Capabilities like cross-chain borrowing, repayment, and liquidation are on the horizon as they build towards a true omnichain future.
Read 4 tweets
LayerZero Labs Profile picture
May 31
Almost 15 months ago we launched with the promise to always bring the latest validation technologies to market. Today LayerZero is doing just that by rolling out a production grade zk light client from the @PolyhedraZK team.
The @PolyhedraZK team’s zkLightClient is based off of their renowned work on zkp (arxiv.org/abs/2210.00264). Built exclusively on LayerZero, it’s custom circuits produce significant compression and allow multiple tx verifications to be batched into a single zero-knowledge proof.
Now with a simple configuration update, any application can leverage the power of a zk light client. This extremely powerful design primitive is completely unique to LayerZero: Application owned security. Image
Read 6 tweets
LayerZero Labs Profile picture
May 30
LayerZero is now live on @tenet_org mainnet! Image
Tenet is an EVM-compatible Layer 1 blockchain focused on DeFi.

Tenet's Diversified Proof of Stake consensus mechanism enables the staking of multiple assets as well as the staking of assets from one chain on another chain via interchain staking.
With LayerZero, projects building on Tenet can quickly deploy their application across the entire LayerZero network.

Developers already building with LayerZero can easily deploy on Tenet.
Read 4 tweets
LayerZero Labs Profile picture
Apr 27
Today we introduce a new project codenamed Essence, which separates security and operational burden. Essence allows anybody to spin up and run a validator (Oracle & Relayer) in <1 hour. Before, validators took months to build and required the support of a full devops team. Image
Before Essence, running validators was cumbersome; requiring the management of security, gas prices, chain specific transaction listeners and senders, and wallet rebalancing across 30+ chains.
With Essence teams can easily scale their validator sets to 10, 100, or even 1000 validators
Read 5 tweets
LayerZero Labs Profile picture
Feb 21
Public Goods by LayerZero

We're excited to introduce the Testnet Bridge as the first of several tools we launch for the Ethereum developer community.

Cliffs: Get Goerli-ETH quickly, easily, and begin testing ASAP without camping faucets or feeling stranded
The Testnet Bridge (testnetbridge.com) is now live and creates a way to connect open markets for immediate pricing of ETH/Goerli-ETH.

The initial price of Goerli-ETH is set to $0.10 and the pool is seeded with 12,500 Goerli-ETH.
These pools are open and hosted on @Uniswap on both Ethereum and Goerli. We welcome the community to LP and actively trade to achieve real price discovery and equilibrium. The two pools are listed as

Goerli:

ETH/mETH (“Mainnet ETH”)

Ethereum:

ETH/gETH (“Goerli ETH”)
Read 6 tweets
LayerZero Labs Profile picture
Feb 3
Recently @pudgypenguins opened a portal over LayerZero. Let's take a look back at @pudgypenguins history, @LucaNetz takeover, their great migration and the incredible community they've built Image
The date is July, 2021 - Mint is live (largely unsuccessful)

@0xElm0 mints the legendary bowlcut. This random mint may have completely changed the trajectory of @pudgypenguins forever Image
Read 23 tweets

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