In March 2022, $135 million in A+ round of financing will be completed. This round of financing will be co-led by a16z, Sequoia Capital, and FTX, with participation from Coinbase Ventures, PayPal Ventures, Tiger Global, and Uniswap Labs. The post-investment valuation will be $1 billion .
LayerZero is a chain-wide interoperability protocol designed for passing lightweight messages across chains. LayerZero provides authentic and guaranteed messaging with configurable distrust. Simply put, LayerZero is far more secure than other cross-chain protocols, and cross-chain is only one of the functions it can do, so it can get huge financing.
The governance column in the official documents has always existed, but it has always been "Coming soon". Recently, a blogger found the token name "ZRO" in the official code, and it is certain that LayerZero will issue tokens later. However, due to the recent market turmoil, coins should not be issued in the near future, and friends who have not interacted with them can still make up their homework.
I personally did not systematically interact with the LayerZero protocol before. It was only recently that I had a good understanding of the dozens of applications that integrate LayerZero. If it is cumbersome and meaningless to interact with each of them, I plan to focus on interacting with a few cores. And applications that have not issued coins, save time and see if there are any extra gains.
1.Stargate（Bridge）
Stargate is the first application based on Layerzero, and is participated by the official LayerZero team. The relationship between them is the same as that of 0x and Matcha. The difference is that Matcha has not issued tokens, while Stargate has issued tokens (STG). As the first product of LayerZero, it is naturally an interactive project.
Link：https://stargate.finance/
First of all, you can cross-chain tokens through this app. Currently, 7 EVM chains are supported, and only ETH, STG and stable coins are supported. In the process of cross-chain, it has interacted with the LayerZero protocol, and Hashflow and XSAWP have also integrated the protocol. If you have enough time, you can also experience it, but the functions are the same.
Hashflow：https://app.hashflow.com/
XSWAP：https://www.sushi.com/xswap
Secondly, obtaining voting rights after purchasing STG pledge is also a necessary interaction. It has been said before that the project’s token issuance is for the governance of the project, and users with governance experience are of course the first choice for airdrops. Purchase STG on Uniswap and then pledge it on the Stargate official website. When staking, veSTG (voting rights) will be calculated based on the quantity and pledge time (can only be redeemed after expiration). I personally recommend reaching 25veSTG, because you can go to the official Discord to get the identity group, and you can also get the identity group by holding 100STG and pool depositing 1K funds, and you can complete it on demand.
Guild：https://guild.xyz/stargate
Discord：https://stargate.finance/discord
And Optimism also launched the task of using Stargate to cross-chain 100 USDC, and you can get NFT rewards.
Link：https://galxe.com/Optimism/campaign/GC6HiUtSAs
To sum up, use Stargate to cross-chain to interact with LayerZero's protocol (other applications are the same), and then purchase pledged STG to get veSTG to participate in governance voting.
2.gh0stlygh0sts（NFT）
Gh0stlyGh0st is the first LayerZero-based NFT project with a ghost theme. Due to the huge financing of LayerZero, this series of floors once reached 0.75ETH, and it is currently stable at around 0.1ETH. And the CEO of LayerZero is also very fond of it, using the NFT as Twitter's avatar. The full-chain NFT is also one of the main functions that the team has been promoting. If conditions permit, you can hold one.
Blur：https://blur.io/collection/gh0stlygh0sts
In addition, there are many full-chain NFTs based on LayerZero, but none of them have received much attention, so I won’t mention them here. If you are interested, you can find them yourself.
3.Rage Trade（DeFi）
DeFi applications deployed on Arbitrum, users can deposit tokens into Vaults to earn income, and its unique mechanism allows users to get more APY without being liquidated. In addition, there are Trade decentralized contracts. Users need to Deposit USDC to perform Long/Short contract operations on the platform. The highest is 5X (95%), and you can only choose a percentage to set the multiple of opening a position.
Rage itself does not issue coins, nor does the Arbitrum deployed and the LayerZero protocol used, so interacting with Rage is equivalent to interacting with two other heavyweight projects at the same time. I highly recommend you to use it, but there are deposits and opening positions. The risk of loss, if you are not familiar with it, it is best to interact with small amounts.
Link：https://www.app.rage.trade/
4.Aptos Bridge
The Aptos cross-chain bridge launched by LayerZero is also the only cross-chain bridge between Aptos and EVM, you can still use it if necessary. The aforementioned cross-chain bridge launched by liquidswap, which has the best liquidity on the Aptos mainnet, is the integrated LayerZero cross-chain bridge.
Link：https://bridge.liquidswap.com/
Twitter：0xTaoist(Interactive learning on the chain, mining early value)
