Twitter: https://twitter.com/Dynamo_Patrick
Get a Discount on GMX Fees: https://app.gmx.io/#/trade/?ref=dynamo
Layer Zero seeks to solve the bridging trilemma by allowing for cross-chain communication that is cheap, reliable, and secure. Stargate (STG) is the first application using Layer Zero and it allows for exchanging native stablecoins on different chains.
Layer Zero Summary – https://medium.com/layerzero-official/layerzero-an-omnichain-interoperability-protocol-b43d2ae975b6
Layer Zero Comparison and Synergy with IBC – https://medium.com/layerzero-official/layerzero-as-an-ibc-transport-layer-5a676fd2a446
IBC Synergy Part 2 – https://medium.com/layerzero-official/layerzero-the-future-transport-layer-of-ibc-32db19b1f253
Layer Zero Gitbook – https://layerzero.gitbook.io/docs/
0:00 Intro
1:24 Dynamo DeFi
1:35 Multichain World
2:02 Current Situation with Bridging
3:24 Problem Layer Zero is Solving
5:32 Layer Zero’s Solution
7:50 Current Chains
8:19 Implications and Possibilities of Layer Zero
9:48 Future Layer Zero Token
10:45 Stargate
#Cryptocurrency #DeFi #PassiveIncome #nft #crypto
source
