LayerZero Price (ZRO)

LayerZero supplies messaging infrastructure for apps that run on more than one chain. A contract on the source chain sends a message, and the receiving app can act on it after verification. That message can carry instructions for a token transfer.

Apps can configure which decentralized verifier networks must attest to the message. An executor can deliver the verified message on the destination. Two apps may use LayerZero with different verifier settings, so the name alone does not describe every route’s security.

ZRO holders can vote on whether to turn on a protocol fee for messages. Apps can use the Omnichain Fungible Token standard to move their own tokens using LayerZero. For a transfer, check the asset’s supported route and destination contract.