Joined July 2021
MaxPower retweeted
The countdown begins: Zero mainnet and lzATLAS go live on November 30.
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The Thesis is simple. You build the best exchange, on the fastest chain. More throughput, lower latency. You create the optimal market microstructure, with input from the top design partners (NYSE, CitSec). You align economics, and onboard the best distribution. You bring the institutions what they want, and give the same product access to the layman. ATLAS.
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Replying to @taodotcom
@taodotcom intents are powered by LayerZero Swap directly from USDC/ETH into Bittensor Subnets (dTAO) and vice versa. Settlement in seconds.
USDC to dTAO Crosschain swaps. Now LIVE. Swaps settle in seconds, it's FAST. Like, seriously quick. Directly from Subnets into USDC (Or ETH) and vice versa. Try it today at TAO.com
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Zero is coming.
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MaxPower retweeted
Cathie Wood
@CathieDWoodSep 5
Most investors do not appreciate the important role that @LayerZero_Core is playing in crypto messaging and interoperability. I am so impressed with the vision of Bryan, Simon, and the team.
Messaging/interop protocols have been critical infra since the proliferation of L1s, app-specific chains, and the rollup-centric roadmap. As many more assets move on-chain, the need for ubiquitous interoperability only grows exponentially. It's becoming pretty clear to me that @LayerZero_Core 's interop business ALONE will probably grow into nine-figure ARR very quickly. Much more to come from the team.
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USDM (@megaeth) crossing the $1B/mo mark. USDG (@Paxos), PYUSD (@PayPal), sUSDE (@ethena x2, USDe already over) pushing towards it continuously. $8.5B transferred in the past 30 days ~750 applications 875+ OFTs 437,000 messages
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Commercial bank money goes omnichain for the first time ever, in partnership with @KeetaNetwork & Bivo Financial LLC. Powered by @LayerZero_Core
(1/8) Keeta has partnered with @LayerZero_Core to bring tokenized commercial bank money to major blockchains. Together, we’re the first to combine regulated, compliance-native infrastructure with omnichain interoperability, enabling financial institutions to move bank-grade money across any ecosystem.
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Worldpay, Fidelity Center for Applied Technology, Deutsche Telekom, and Google Cloud all run production DVNs on LayerZero today. Together their core businesses represent more than $10 trillion in annual financial activity and each one now offers its name as a verifier in the security stacks of stablecoin issuers, tokenized asset issuers, payment applications, and onchain protocols. Learn more about what a DVN is, what each institution has built, and how to compose your own verifier set in our latest blog. layerzero.network/blog/enter…
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MaxPower retweeted
“It feels like the world is going to forget that pre-stablecoins was even a thing.” Stablecoins are already moving hundreds of billions of dollars through the financial system. @PrimordialAA of @LayerZero_Core says demand is only accelerating.
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MaxPower retweeted
Over the last 30 days, @LayerZero_Core facilitated: -> $8.2B in volume -> 87,684 unique wallets -> 153 destination chains Cross-chain interoperability is bigger than most people realize. Full dashboard next week.
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Demonet ✅ Localnet ✅ Internal testnet ✅
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In the week since we announced Zero, there has been a lot of speculation about ZRO’s role in Zero and on ZRO’s tokenomics. Let’s clear that up. There will be no new token for Zero. ZRO is the only asset. • ZRO will be the staking asset within Zero • ZRO will be the gas asset within Zero • All excess fees generated through priority fee (state contention) will flow through to ZRO • All excess fees generated through tips/MEV will flow through to ZRO • All trading fees from the markets zone will flow through to ZRO • All payment fees from the payment zone will flow through to ZRO • Once the fee switch is turned on within LayerZero every LZ Message will have a fee that goes to ZRO. ZRO is the only asset and all economic value generated by Zero, LayerZero, and Stargate goes directly to ZRO. Additionally, total institutional purchases, buyouts of early investors, and LayerZero buybacks now total to 19.77% of the total token supply with the majority of this being the buyout of upcoming unlocks and early investors. Most public dashboards don’t account for this, and overstate the pressure from upcoming unlocks by almost 2x. We're building Zero with an ambitious goal: to provide permissionless infrastructure for a better world. We'll see you at mainnet this fall.
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MaxPower retweeted
At Stable, our mission is to provide the infrastructure that supports seamless and reliable movement of stablecoins across blockchains. @LayerZero_Core serves as our official interoperability partner, ensuring Stable is connected to every major ecosystem.
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Another week, another all-time high in @LayerZero_Core transfers for Frax assets📈 Driven by growth on three major chains: 1️⃣ @aeroxyz✈️ on Base 2️⃣ @etherexfi🦖 on Linea 3️⃣ @Catex_Fi🐾 on Unichain
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MaxPower retweeted
Dear vaults, do you hate TVL? Your business model depends on it, yet you’re stuck on a single chain. Why force users to bridge, deposit, bridge back - friction that limits your users and your vault? That changes now. LayerZero brings you OVault. Starting today, you can access assets from everywhere - Day 0 and $6B TVL on the protocol already. OVault is the yield layer of crypto. Don’t chase TVL. Devour it. Choose OVault.
Introducing OVault Accept deposits and redemptions from 140+ chains in a single click. Your users aren't on one chain, So why is your vault?
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The State of Wyoming has launched Frontier Stable Token (FRNT), the first stablecoin issued by a U.S. public entity. America’s First Stablecoin
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MaxPower retweeted
#TRON announced the official deployment of $TRUMP on the TRON blockchain. The token expansion is enabled by @LayerZero_Core's Omnichain Fungible Token (OFT) standard and @StargateFinance’s user interface and liquidity transport protocol. The deployment of $TRUMP on TRON introduces the token to one of the most actively used blockchain networks in the world. More details from @CoinMarketCap 👇 coinmarketcap.com/community/…
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MaxPower retweeted
for the love of god someone please apply for the layerzero social media role so that these unholy captions stop seeing the light of day
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We’re honored to be chosen by Wyoming as the token issuance partner for WYST, the first fiat-backed and fully-reserved stablecoin issued by a public entity in the United States. There’s no clearer signal of where finance is heading than a U.S. state putting the dollar onchain.
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