In the rapidly expanding blockchain ecosystem, cross-chain interoperability has become key. As a cutting-edge interoperability protocol, LayerZero supports seamless communication between different blockchain networks, breaking down the silos that often limit blockchain applications and enabling the free transfer of data and assets.
LayerZero's Core Technology
LayerZero utilizes Ultra Light Nodes (ULNs), smart contracts deployed on various blockchains. These ULNs act as endpoints for cross-chain communication, ensuring that messages and transactions are accurately verified using block headers and transaction proofs. This innovative technology promotes greater collaboration and integration across the blockchain space, driving the ecosystem towards a more interconnected and fully functional future.
$ZRO Token: LayerZero's Native Governance Token
The $ZRO token is the native governance token of the LayerZero protocol, designed to incentivize participation and governance within the LayerZero ecosystem. Users who hold $ZRO tokens can express their opinions on the future development and governance of the protocol, ensuring that the community has a voice in key decisions.
Circulating supply after airdrop: currently 20%
Market value: about $670 million (as of June 26), entering the top 100 global cryptocurrency market value
Recent achievements and prospects
LayerZero and ZKsync ($ZK) are two of the most successful projects that have gained huge attention recently. With its innovative technology and steady development, LayerZero is leading a new trend in cross-chain interoperability.
Conclusion: LayerZero has brought a brand new solution to cross-chain interoperability through its unique design and innovative technology. In the future, LayerZero is expected to continue to lead the development trend of the industry and become an important link in the blockchain world. If you are interested in blockchain technology and cross-chain interoperability, LayerZero and $ZRO tokens are undoubtedly high-quality projects worthy of attention and investment.