CandleFocus Hedera Integrates LayerZero Amid Mainnet v0.54 Release
2024-10-25
Author: Content Editor
Hedera has announced the integration of LayerZero into its network, alongside the launch of the mainnet v0.54 release. This integration enhances the Hedera Token Service, allowing for the creation and management of fungible and non-fungible tokens with low-cost and quick transactions. The integration aligns with Hedera's goal of establishing itself as an enterprise-grade network for institutional DeFi. It also opens new liquidity options for the network and enables DApp connectivity. The mainnet release also introduces features for frictionless airdrops. Additionally, the announcement comes after the launch of the Canary HBAR Trust, which offers institutional investors access to Hedera's native cryptocurrency, HBAR.
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