LayerZero Introduces Cross-Chain Staking for wstUSR Tokens
- LayerZero’s OVault technology facilitates cross-chain staking for wstUSR tokens.
- Users can deposit USR on one blockchain and mint wstUSR on another, or reverse the process.
- The integration supports staking and unstaking operations across eight different blockchains.
- This omnichain structure allows liquidity to flow between multiple networks, keeping collateral unified.
LayerZero has enabled cross-chain functionality for wstUSR tokens using its OVault technology, allowing seamless staking and unstaking across eight blockchains. This advancement enhances liquidity and market efficiency by maintaining unified collateral while supporting cross-network transactions.
Source (3.2)https://cryptobriefing.com/layerzero-omnichain-wstusr-ovault-cross-chain-staking/?rand=59535
