Cryptocurrency Knowledge

What is ZRO?

Get to know ZRO

Table of Contents

What is LayerZero (ZRO)?

LayerZero is an interoperability protocol that allows applications to send data across various blockchains.
Securely and uncensored using immutable smart contracts and permissionless structures
Core technology focuses on connecting different chains such as EVM, Solana and more than 120 chains.
To create an omnichain ecosystem. The main goal is to solve the blockchain isolation problem.
For seamless cross-chain deployment, with ZRO coins for governance, fees and staking

Native Blockchain:

LayerZero supports any blockchain that can run smart contracts
Such as Ethereum, BNB Chain, Avalanche, Polygon, Arbitrum, Optimism, Fantom and other chains
In addition, LayerZero also supports non-EVM (non-EVM) chains such as Aptos.

Founder/Date Founded:

LayerZero was founded by Bryan Pellegrino (CEO), Ryan Zarick (CTO) and Caleb Banister (Co-founder) in 2021.
The team has experience in blockchain and interoperability, which is recognized by leading investors.

Objective/Use Case:

The main goal is to create an immutable protocol for censorship-resistant and permissionless cross-chain messaging.
Enabling developers to create seamless cross-blockchain applications
The long-term vision is to connect the omnichain ecosystem that spans the main chains to increase liquidity and utility across the network.
Aiming to expand support for at least 10 new chains by 2025

Total supply/Limit or Unlimited:

Total Supply of ZRO is ZRO 1,000,000,000

Source:

https://layerzero.network/publications/LayerZero_Whitepaper_V2.1.0.pdf

https://layerzero.network/

https://docs.layerzero.network/v1

https://tokenomist.ai/layerzero?ref=insights.unlocks.app

https://coinmarketcap.com/currencies/layerzero/

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