our day is about to get a whole lot better because the latest version of the Cross-Chain Insider Lite just dropped - This week it is all about LayerZero’s OFTs 🚀
LayerZero launched Omnichain Fungible Token (OFT), an extensible token contract that enables tokens to be externally composed in any type of dApps, across any DeFi ecosystem, just like an ERC-20.
This means tokens can now have a unified standard for all protocols and blockchains, making it seamless for users to swap cross-chain and use the token on any dApp on any chain ⚡
Read this weeks CCIL here below 📖