Tenet Bonds With LayerZero to Push LSD Omnichain Adoption
TL;DR Tenet has partnered with LayerZero to make its protocol cross-chain native, allowing it to create a reliable and secure omnichain liquidity derivatives (LSDs) ecosystem for DeFi.
Tenet is a layer-1 network that’s focused predominantly on the expansion of use cases related to liquid staking derivatives (LSDs).
The partnership with LayerZero is critical for Tenet’s 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.