Thread by @CC2Ventures

#6 LayerZero α Dose – Avalanche x Subnets

Subnets coupled w/ blazingly fast & cheap transactions make Avalanche an absolute GOLDMINE to push:

• Volume
• 20-30 Contracts
• Source/Destination Chains
• Niche $ZRO Interactions

Here's how to sled through @el33th4xor 's chain 👇 https://t.co/qdKkl8N1jgtwitter.com/i/web/status/1…

No long intro needed, as you should be well-versed with $ZRO by now [and what matters for an allocation].

If not, here’s a neat little trick.

Type into Twitter search bar:
“from:cc2ventures layerzero α dose”

Or simply:
"layerzero" "$zro"

Let's get to the actionable steps.

ACTIONABLE STEPS

I start on Optimism, but any chain works.

Open:
1) Swap $ETH -> $FRAX

Open: https://t.co/onPZ5FVNDx
2) Bridge $FRAX -> Avalanche

α:
PCS integrated Stargate 08/22.
Contract is named 'WidgetSwap' and differs from regular STG contracts! https://t.co/CjYpvGjZpaswap.defillama.com
bridge.pancakeswap.finance/stargate

Let's focus on the ONFT part while we wait for our funds.

Remember how we bridged an ONFT to Arbi Nova?

To save cost, we will now use the same ONFT ID and bridge it to Avalanche!

Alternatively, you can mint a new one on Arbitrum Nova for <$0.80.

Cont.

https://t.co/HZmuFeT8XT

https://twitter.com/CC2Ventures/status/1674811491176833024

Open:
3) Click 'History'
4) Copy your NFT ID
5) Head to 'Bridge'
6) Insert NFT ID
7) Bridge to Avalanche

Bonus:
• Bridge from Avax -> Metis
We'll need it in the future. 👀

If you have no NFT yet on Nova:
• Skip steps 3) + 4) and simply mint a new one! https://t.co/tz2Bn7KiWhminter.merkly.com

Our $FRAX should be on Avalanche by now.

Head to:
8) Swap 1/3 $FRAX -> $BTC.b
9) Swap 1/3 $FRAX -> $JOE
9) Swap 1/3 $FRAX -> $STEAK

Open: https://t.co/G7OuNPAOHr
10) Click on three dots -> deposit $BTC.b
$ZRO tx confirmed!
11) Withdraw $BTC.b

Cont. https://t.co/vq5CxUjizSswap.defillama.com
app.dexalot.com/trade

Few tips about Dexalot:
• Only depositing/withdrawing triggers a L0 transaction
• Each individual token that you deposit/withdraw counts as unique contract!
• Great tool to generate volume via stablecoin deposits, but don't spam it mindlessly

Let's continue the route.

We now have $BTC.b back on Avalanche.

This step will require you to download @martian_wallet.

Open:
12) Bridge $BTC.b Avalanche -> Aptos

If you need $APT gas:
• Click on 'Add'
• Input around 0.55 $APT and confirm [before bridging]

Cont. https://t.co/2u0Ss9jnZ5bridge.liquidswap.com

There's not enough liquidity to sell $BTC.b on Aptos, so we simply bridge out.

Open:
13) Bridge $BTC.B Aptos -> Arbitrum

Note:
It'll take ≈3 days for the bridging to be completed – only bridge funds to/from Aptos you don't need instant access to. https://t.co/yAtUUMhYcrbitcoinbridge.network/bridge

We also bought $JOE and $STEAK earlier; time to further up our contract count.

Open:
14) Bridge $JOE Avalanche -> BNB Chain
Optional: Sell for Stables

Open: https://t.co/LNsJ2yACkw
15) Bridge $STEAK Avalanche -> Arbitrum
16) Swap $STEAK -> $ETH

Cont. https://t.co/x9uZapK4JGbridge.traderjoexyz.com
app.steakhut.finance/bridge

This step is optional, but could play a substantial role for $ZRO [see quoted tweet].

Open:
17) Pool $ETH on Arbitrum or Optimism
18) Stake $ETH

And that’s it – done for the day!

Note:
Not ALL steps have to be done in 1 rota.

https://t.co/p3UqLb844T https://t.co/Ir7xxTRWysstargate.finance/pool

https://twitter.com/CC2Ventures/status/1674811479747444736

Honorable mention #1 – Defi Kingdoms

Avalanche subnet that I didn’t mention on purpose.

Have a thread planned with ONLY niche interactions; DFK will play a crucial role.

It won't be about spamming 50 txs / day, but there's at least +6 contracts on DFK worth your attention.

Honorable mention #2 – Swimmer Network

Another Avalanche subnet.

Was equally as useful as Dexalot; allowed you to bridge actual size to/from their chain.

+1/1 S/D chain too.

They recently shut down -> everyone who bridged before has a permanent edge.

https://twitter.com/CelerNetwork/status/1664716010094727171

Let’s recap to conclude.

We:
• Generated serious volume via niche subnet [Dexalot]
• Bridged ONFT to/from Avax [Merkly]
• Bridged to/from the ONLY non-EVM Chain [Aptos]
• Increased our contract count by +9!
• Used 5 Source / 6 Dest chains!

Until next time,
LayerZeroMaxi