Discover and read the best of Twitter Threads about #omnichain

Most recents (6)

Join us for the 3rd episode of our cosmic adventure through the @Entanglefi multiverse! 🚀

Get an in-depth look at the protocol's unique approach & discover the innovative liquidity solutions it brings to DeFi

#DeFi #LSD #Omnichain #ReHash

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Before we move forward, please note that this thread merely aims to share our understanding of the topic and should not be taken as financial advice.

Disclosure: This post is under a partnership with the @Entanglefi team

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Table of Contents
🟣 What is Entangle?
🟣 Synthetic Vaults
🟣 How SV work
🟣 Distributed Oracle Solution
🟣 Entangle Blockchain
🟣 High-level overview of Entangle Products
🟣 Use-Cases
🟣 Revenue Model
🟣 $ENTGL Token
🟣 Development Roadmap
🟣 References

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Read 19 tweets
1/ 🤖 Incoming Zeta Education thread 🤖

Multichain❔ Cross-chain❔ Omnichain❔ Let’s demystify these interoperability terms 👇

#ZetaEd #blockchain #interoperability #omnichain #web3
2/ Interoperability describes the exchange of assets and data between blockchains. There are a number of strategies and solutions in this burgeoning market, which we break down here:
medium.com/@zetablockchai…
3/ Now, as you descend deeper down the rabbit hole of interoperability, you’re likely going to run into a few buzz terms. Let’s get you prepped 👇
Read 16 tweets
Today in our review will be a project that uses #Omnichain Synthetics and related to such words as Slippage free, Unchained Liquidity. Please welcome @synthr_defi🎯

#LayerZero #LZ #LayerZeroEcosystem Image
1/ What is @synthr_defi ?📊

SYNTHR is a synthetic asset protocol that enables users to #mint and trade on-chain derivatives of various financial assets using trustless financial contracts💎
2/ The goal @synthr_defi 🤔

SYNTHR aims to build on existing #DeFi products to make financial assets more accessible through the creation of synthetic assets, Delta-Neutral Vaults, Hedge #Pools, and derivatives 💯
Read 10 tweets
@MetisDAO announced that @LayerZero_Labs is officially live on Metis Goerli Testnet👀

What exactly is Layer0 and how does it help the Metis?
Let's find out🧐

Professor #bullEtin, you have the floor🐂

#Metis #ETH #omnichain #LAYERZERO #DeFi #Layer2 #CROSSCHAIN Image
First and foremost, I would like to inform everyone that the LayerZero does not conduct any token giveaways, presales, testnet with prizes, or similar activities.🥺

Testnet is only for developers, beware of scammers❌

#Metis #omnichain #LayerZero #Defi #crosschain
#LayerZero is an Omnichain Interoperability Protocol that allows direct communication between any other chains.

We frequently hear about bridge hacks, people losing a lot of money, and the Layer0 is designed to solve this problem, so it is not called a bridge killer for nothing.
Read 15 tweets
The @ethereum merge is one of the most anticipated events in #crypto

It’s expected to increase security, reduce latency and improve energy efficiency

Many are concerned that it will cause adverse price action for Ether

This thread examines the bull case🧵👇
Disclaimer: I own Ether.

Ethereum launched on July 30th, 2015 using a Proof of Work (“PoW”) mechanism

This is the same method that Bitcoin uses to validate transactions

However, there are environmental concerns around the energy costs used by the miners
Ethereum plans to transition to PoS by Sept 19th, 2022

The chains are currently being run in parallel while the Beacon chain is tested

The following diagram (source: Ethereum.org) illustrates the recent transition well: Image
Read 26 tweets
Why Omnichain #NFTs would be next big thing?

First omnichain nfts launched approximately 36 hours ago and got lots of attention. Achived great volume on opensea and floor rised up to 0’9 $ETH even it was a free to mint; @gh0stlygh0sts .

Let’s deep dive into it. 🧵
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U may heard Omnichain/Omniverse from @cobie at first but i’m sure u heard lots of staffs about NFT bridge for a while. It was possible to bridge nfts before but the method is not smooth. So this brings to another question; what is changed?
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The old methods basically mirroring ur nft metadata to destination chain. It was more like a synthetic asset like $ETH to $WETH.

Something came up recently to change this. @LayerZero_Labs an Omnichain Interoprability Protocol.

medium.com/layerzero-offi…
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Read 32 tweets

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