249.16K
1.00M
2024-05-20 07:00:00 ~ 2024-06-20 11:30:00
2024-06-20 16:00:00
Total supply1.00B
Resources
Introduction
LayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. LayerZero provides authentic and guaranteed message delivery with configurable trustlessness. It is a "blockchain of blockchains" that enables other blockchain networks to communicate directly and in a trustless manner.
Bitget will introduce new margin assets to the unified account on August 6 (UTC+8), with loan functionality enabled at the same time: GRASS, ZRO, BABY, PNUT, STX, RENDER, ICP, KAITO, FLOKI, PENDLE Links: What is a unified account View coin haircut View loan coin data Disclaimer Cryptocurrencies are subject to high market risk and volatility despite their high growth potential. Users are strongly advised to do their own research and invest at their own risk. Thank you for supporting Bitget.
In order to provide a better trading experience, Bitget will suspend withdrawal services for the ZRO-BASE network starting from June 30, 2024 (UTC) until a later date. Please note that trading will not be affected during the downtime. Once withdrawal services for the ZRO-BASE network can be resumed, we will notify our global users in a separate announcement or via the official community. We apologize for any inconvenience this may cause, and thank you for your understanding. Please stay informed through any of our official channels. Join Bitget, the World's Leading Crypto Exchange and Web 3 Company
What is LayerZero (ZRO)? LayerZero (ZRO) is an open-source, immutable messaging protocol that aims to enable the communication between different blockchains and to create omnichain and interoperable applications. Unlike traditional blockchains, LayerZero is not a blockchain itself but a protocol designed to facilitate communication between various blockchains. This allows developers to send data, execute external functions, and transfer tokens across different blockchain networks while maintaining complete control over their applications. The vision of LayerZero is to create a more interconnected blockchain ecosystem. By enabling different blockchains to interact, LayerZero aims to eliminate one of the biggest problems that currently exist in the blockchain world. This interconnectedness opens up a world of possibilities for developers, users, and the entire blockchain community. How LayerZero (ZRO) Works To understand how LayerZero works, it's essential to grasp its core components and processes. 1. Messaging Protocol, Not a Blockchain LayerZero operates through smart contracts deployed on each blockchain. These smart contracts work with Decentralized Verifier Networks (DVNs) and Executors to ensure smooth communication between blockchains. The protocol is designed to be immutable, meaning once it’s deployed, it cannot be altered. This immutability ensures long-term stability and security. 2. Message Verification and Execution One of the standout features of LayerZero is the separation of message verification and execution into distinct phases. This separation gives developers more control over their application's security settings and execution process. The verification of messages is handled by the Security Stack, which consists of the application's chosen DVNs. These DVNs verify the payload hash, ensuring the integrity and authenticity of the message. Once the message is verified, it can be executed by an Executor. The Executor is an automated caller that receives and processes the verified message. For new applications, this process is completely permissionless. 3. High Message Throughput LayerZero offers improved message throughput by allowing messages to be executed out of order while maintaining censorship resistance. This unordered message delivery system maximizes efficiency and ensures that messages are processed swiftly. 4. Improved Programmability and Contract Efficiency LayerZero introduces several enhancements to programmability and contract efficiency: ● Simplified Protocol Contract Interfaces: These interfaces make it easier for developers to route and handle messages. ● Path-Specific Libraries: These allow developers to configure different message libraries for specific pathways, providing greater flexibility. ● Horizontal Composability: This feature ensures that external calls can be containerized into new message packets, allowing for clear separation between message receipt and external call logic. ● Optimized Base Contracts: LayerZero V2 has optimized base contracts to reduce gas costs, making it more efficient for developers and users. 5. Security and Reliability LayerZero places a strong emphasis on security and reliability: ● Developers can customize their security stack by choosing a set of DVNs. This flexible approach allows for a tailored security configuration based on the application's needs. ● LayerZero uses immutable core contracts, ensuring that once deployed, they cannot be altered. This immutability provides a stable and predictable interface for developers. 6. Chain Compatibility and Gas Payment Options LayerZero improves chain compatibility, enabling developers to build omnichain applications across various blockchains. The protocol’s chain-agnostic design allows for more uniform application designs, even across non-EVM chains. LayerZero also offers improved gas payment options, allowing the Endpoint to specify an alternative gas token during deployment. This flexibility accommodates blockchains with unique gas mechanisms or fee models. ZRO Goes Live on Bitget By providing a secure, efficient, and flexible protocol for cross-chain messaging, LayerZero is paving the way for a more interconnected blockchain ecosystem. With its emphasis on security, programmability, and high throughput, LayerZero is set to revolutionize how developers build and interact with omnichain applications. As an integral part of LayerZero's innovative cross-chain messaging protocol, ZRO plays a crucial role in facilitating fast and secure interactions between different blockchains. Trading ZRO on Bitget offers an opportunity to support and participate in the growth of this cutting-edge technology, which will revolutionize blockchain interoperability. Spot Trading Link: ZRO/USDT Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice.
Victoria, Seychelles, 20th May, 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced adding ZRO tokens from LayerZero ecosystem in pre- market token sales for its users. With this, users can gain early pricing power over ZRO, making it easier to become the primary trading market for the asset once it is listed on various exchanges. LayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. LayerZero provides authentic and guaranteed message delivery with configurable trustlessness. It is a “blockchain of blockchains” that allows other blockchain networks to communicate directly and in a trustless manner. Bitget's new product feature: the Pre-market is designed to facilitate trading for tokens such as ZRO that have not yet been officially listed on the spot market of major centralized exchanges. By enabling pre-listing trading, users can gain early pricing power over tokens such as ZRO, making it easier to become the primary trading market for the asset once it is listed on various exchanges. With this new listing Bitget users can gain early access to ZRO tokens. The feature aims to meet the demand for pre-listing trading of the latest tokens. With enhanced liquidity, it provides a better trading experience. The pre-market platform trading for ZRO tokens is now active for Bitget users. LayerZero as an interoperability protocol connects over 50 blockchains, allowing developers to build seamless omnichain applications, tokens, and experiences. The protocol relies on immutable on-chain endpoints, a configurable Security Stack, and a permissionless set of Executors to transfer censorship-resistant messages between chains. Bitget's Pre-market is a strategic product positioned to capture the interest of proactive traders and investors who aim to leverage early access in high potential low-cap tokens. The feature benefits users by providing them with the opportunity to trade in tokens like ZRO before they hit the broader market. With focus on pre-listing trading, Bitget is building its ecosystem to function as an all-in-one solution for new and pro traders alike. The initiative aligns with Bitget’s broader goals of expansions in its spot and various other corridors. Launched in April 2024, Bitget's Pre-market has given users early access to projects such as EigenLayer (EIGEN), Merlin Chain (MERL), Renzo (REZ), BounceBit (BB), Meson Network (MSN) Zerolend (ZERO), Notcoin (NOT) and now ZeroLayer (ZRO). Bitget is now one of the top 10 crypto Spot trading platforms with over 700 coins and 800 pairs. With the introduction of Pre-market, Bitget continues to innovate and provide solutions to meet the evolving needs of cryptocurrency traders and investors. For more information, please visit here. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@bitget.com
We're thrilled to announce that Bitget will launch Layerzero(ZRO) in pre-market trading. Users can trade ZRO in advance, before it becomes available for spot trading. Details are as follows: Start time: 20 May, 2024, 07:00 (UTC) End time: 20 June, 2024, 11:30 (UTC) Trade time: 20 June, 2024, 12:00 (UTC) Delivery time: 20 June, 2024, 14:00 (UTC) Pre-market trading link: ZRO/USDT Introduction LayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. LayerZero provides authentic and guaranteed message delivery with configurable trustlessness. It is a “blockchain of blockchains” that allows other blockchain networks to communicate directly and in a trustless manner. Website | X | Telegram FAQ What is pre-market trading? Bitget pre-market trade is an over-the-counter trading platform specializing in providing a pre-traded marketplace for new coins before their official listing. It facilitates peer-to-peer trading between buyers and sellers, enabling them to acquire coins at optimal prices, secure liquidity in advance, and complete delivery at a mutually agreed upon time. What are the advantages of Bitget pre-market trading? Investors often have expectations regarding the price of a new coin before spot trading becomes available. However, they may be unable to purchase the coin at their preferred price and secure liquidity in advance due to lack of access. In response to this, Bitget pre-market trading offers an over-the-counter (OTC) platform where buyers and sellers can establish orders in advance to execute trades as desired and complete delivery later. In this scenario, sellers are not required to own any new coins; instead, they only need to obtain sufficient new coins for delivery before the designated delivery time. How are pre-market trades deliveries completed? The system will pre-freeze the funds required for the current order between the buyer and seller as a transaction guarantee. Prior to the delivery time, the seller must ensure that their spot account holds the required amount of new tokens; otherwise, the transaction will be canceled. Similarly, the system will unfreeze the buyer's funds and compensate the buyer with the seller's frozen margin. Once the delivery is completed, the corresponding quantity of tokens will be transferred to the buyer's spot account, and the buyer's frozen funds will be transferred to the seller's spot account after deducting the transaction fee. Note: (1) Upon reaching the delivery time, the system will execute the delivery according to the transaction time in sequence, which is expected to be completed within one hour. The seller should refrain from any transactions involving the delivery currency funds within 30 minutes after delivery initiation to mitigate the risk of delivery failure due to insufficient funds. (2) If you have both buy and sell orders, ensure that your spot account holds the required quantity of the sell order currency at the time of delivery. Orders with insufficient balance will be processed using the "compensate with margin" approach. How can I make a pre-market trade as a seller? As a seller, you are required to use the USDT in your spot account to pay the margin. You can list your new tokens on the order market at your preferred price via Post Order, or you can find a suitable buy order on the order market and sell it to the buyer at the buyer's asking price. Once the order is filled, you just need to wait for the delivery. How can I make a pre-market trade as a buyer? As a buyer, you are required to use USDT from your spot account to pay for the trade. Using the Place Order function, set the quantity of coins you want to buy at your preferred price and list the maker order in the order market. Bitget will then lock the funds for the purchase and handle any related fees. Alternatively, you can directly select a sell order from the marketplace and buy the coins at the seller's designated price. Once the order is filled, simply await delivery. Do I have to fill the entire maker sell/buy order at once in pre-market trading? No, the platform allows you to trade any quantity of coins as long as it meets the minimum transaction limit. Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget!
Delivery scenarios
