With @Balancer cross-chain boosts and Aura Omnichain Fungible Tokens (OFTs) enabled by @LayerZero_Labs ' communication primitive
03 Aug 2023, 20:00
With @Balancer cross-chain boosts and Aura Omnichain Fungible Tokens (OFTs) enabled by @LayerZero_Labs ’ communication primitive, Aura has been able to expand to a total of 4 networks, including @Ethereum , @Arbitrum , @OptimismFND and @0xPolygonLabs .
Let’s dive into the tech. 🧵
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303 Aug 2023, 20:05
As a communication primitive, LayerZero's OFT functionality is highly flexible, and will be able to integrate upcoming chains such as @Scroll_ZKP .
We are already working on deploying contracts and enabling OFTs for our next cross-chain expansion!
Stay tuned at @AuraFinance .
As a communication primitive, LayerZero's OFT functionality is highly flexible, and will be able to integrate upcoming chains su
As a communication primitive, LayerZero's OFT functionality is highly flexible, and will be able to integrate upcoming chains such as @Scroll_ZKP .
We are already working on deploying contracts and enabling OFTs for our next cross-chain expansion!
Stay tuned at @AuraFinance .
03 Aug 2023, 20:03
To address $auraBAL staking, all auraBALOFTs will be automatically staked in the mainnet vault to earn yield, which is distributed proportionally to vaults on each sidechain.
OFT stats for each chain can be monitored via https://t.co/B2Sn2A9Sh8!
To address $auraBAL staking, all auraBALOFTs will be automatically staked in the mainnet vault to earn yield, which is distribut
To address $auraBAL staking, all auraBALOFTs will be automatically staked in the mainnet vault to earn yield, which is distributed proportionally to vaults on each sidechain.
OFT stats for each chain can be monitored via https://t.co/B2Sn2A9Sh8!
03 Aug 2023, 20:02
By adopting @LayerZero_Labs ' Omnichain Fungible Token standard for layer 2s and sidechains, Aura safely enables the bridging of $AURA and $auraBAL.
Tokens bridged between chains get burnt/minted accordingly, with the same smart contract and relayer mechanisms by LayerZero.
By adopting @LayerZero_Labs ' Omnichain Fungible Token standard for layer 2s and sidechains, Aura safely enables the bridging of
By adopting @LayerZero_Labs ' Omnichain Fungible Token standard for layer 2s and sidechains, Aura safely enables the bridging of $AURA and $auraBAL.
Tokens bridged between chains get burnt/minted accordingly, with the same smart contract and relayer mechanisms by LayerZero.