{"id":5227,"date":"2023-05-31T18:16:25","date_gmt":"2023-05-31T22:16:25","guid":{"rendered":"http:\/\/leadingcryptonews.com\/tenet-bonds-with-layerzero-to-push-lsd-omnichain-adoption\/"},"modified":"2023-05-31T18:16:25","modified_gmt":"2023-05-31T22:16:25","slug":"tenet-bonds-with-layerzero-to-push-lsd-omnichain-adoption","status":"publish","type":"post","link":"https:\/\/leadingcryptonews.com\/tenet-bonds-with-layerzero-to-push-lsd-omnichain-adoption\/","title":{"rendered":"Tenet Bonds With LayerZero to Push LSD Omnichain Adoption"},"content":{"rendered":"<p> <br \/>\n<br \/><noscript><img decoding=\"async\" class=\"lazyload\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2023\/05\/tenet_cover.jpg\" \/><\/noscript><\/p>\n<div>\n<p>Tenet is a layer-1 network that\u2019s focused predominantly on the expansion of use cases related to liquid staking derivatives (LSDs).<\/p>\n<ul>\n<li>According to a press release shared with\u00a0CryptoPotato,\u00a0Tenet has forged a partnership with LayerZero aimed at boosting the adoption of LSDs.<\/li>\n<li>LayerZero, in turn, is an omnichain interoperability protocol that\u2019s currently valued at over $3 billion.<\/li>\n<li>The first stage of the initiative would be to set up a LayerZero endpoint on Tenet. It will enable anyone to create tokens and projects backed by the omnichain technology. In essence, this will connect Tenet to the numerous networks that are powered by LayerZero.<\/li>\n<li>Speaking on the matter was Greg Gompan, co-founder of Tenet, who said:<\/li>\n<\/ul>\n<blockquote>\n<p>The partnership with LayerZero is critical for Tenet\u2019s success, as our protocol is cross-chain native at its core. While the initial integreation is helfpul in connecting our chain to the large LayerZero network to leverage its cross-chain liquidity, it also enables us to create a truly omnichain LSD for any asset. This reduces the barriers of entry and sets us up as the leading LSD ecosystem for all of DeFi.<\/p>\n<\/blockquote>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<div><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Sponsored)<\/span><br \/>\n<b>Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month<\/b> (terms).<\/p>\n<p><b>PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.<\/b><\/p>\n<\/div>\n<\/div><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cryptopotato.com\/tenet-bonds-with-layerzero-to-push-lsd-omnichain-adoption\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tenet is a layer-1 network that\u2019s focused predominantly on the expansion of use cases related to liquid staking derivatives (LSDs). According to a press release shared with\u00a0CryptoPotato,\u00a0Tenet has forged a partnership with LayerZero aimed at boosting the adoption of LSDs. LayerZero, in turn, is an omnichain interoperability protocol that\u2019s currently valued at over $3 billion. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":["post-5227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nft"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.6 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tenet Bonds With LayerZero to Push LSD Omnichain Adoption - Leading Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadingcryptonews.com\/tenet-bonds-with-layerzero-to-push-lsd-omnichain-adoption\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tenet Bonds With LayerZero to Push LSD Omnichain Adoption\" \/>\n<meta property=\"og:description\" content=\"Tenet is a layer-1 network that\u2019s focused predominantly on the expansion of use cases related to liquid staking derivatives (LSDs). According to a press release shared with\u00a0CryptoPotato,\u00a0Tenet has forged a partnership with LayerZero aimed at boosting the adoption of LSDs. LayerZero, in turn, is an omnichain interoperability protocol that\u2019s currently valued at over $3 billion. 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