On Friday, the LayerZero team announced via X that Reya, the perps DEX built on its own ZK rollup on Ethereum, will adopt the OFT Standard for its native token, REYA.
sREYA, the staking derivative of REYA, will also integrate OVault, making its staking vaults the first chain-agnostic staking primitives in a perps DEX.
LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $1.243, down 5.6% in the last 24 hours.
Hassan Maishera