On Thursday, the LayerZero team announced via X that Sei Network’s $SEI token is now live as an OFT on Ethereum through Superset. Users can now transfer $SEI via Stargate Finance, thanks to the LayerZero OFT technology.
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 $1.716, down 5% in the last 24 hours.
Sei is a high-speed Layer 1 blockchain tailored for the digital asset boom, from NFTs to DeFi. The blockchain intends to unlock a brand-new design space for consumer-facing applications. Its native coin, SEI is up 5% in the last 24 hours and is now trading at $0.1965 per coin.