English
  • ๐Ÿ“ƒTerms and Conditions
  • ๐Ÿ“Penpie Overview
  • ๐ŸŒPenpie Ecosystem
    • ๐Ÿ“Introduction
    • ๐Ÿ”˜Pendle Finance
    • ๐ŸŒ‰LayerZero Bridge
  • ๐ŸŽฎHow to use
    • ๐Ÿ”ทPenpie
      • ๐Ÿ”Convert PENDLE into mPENDLE
      • ๐Ÿ”’Lock PNP & Unlock
      • ๐Ÿ’งProvide Liquidity
      • ๐Ÿ’ฐClaim Active Engagement Rewards
      • ๐Ÿ’ธThe Penpie Voting Market
      • ๐Ÿ’ธAdd Voting Incentives
    • ๐ŸŸกBNB Chain
      • ๐ŸฅžPancakeSwap
      • ๐Ÿ’งProvide PNP-BNB liquidity on PancakeSwap
    • ๐ŸŒ‰Bridge
  • ๐Ÿช™Tokens
    • ๐Ÿช™PNP Token
      • ๐Ÿง‘โ€๐ŸŒพPNP Emission
      • ๐ŸŒ‰Cross-chain functionality
      • ๐Ÿ—ณ๏ธVote-Locked PNP
      • ๐ŸงฎPNP distribution
      • ๐Ÿ“ŠPNP Chart
    • ๐Ÿช™mPENDLE Token
      • ๐Ÿ”ฆUnderstanding mPENDLE
      • ๐Ÿค–Smart PENDLE Converter
      • โ™ŽmPENDLE Stability Vault
    • ๐ŸงThe mPENDLE Liquidity Pool on Pendle Finance
    • ๐ŸงพPenpie Receipt Token
    • ๐Ÿช™Penpie Recovery Token(PRT)
  • ๐Ÿ’ฒFee Structure
    • ๐Ÿ’งPENDLE LP
    • ๐Ÿ–vePENDLE Revenue
    • ๐ŸญVoting Incentives
  • ๐Ÿ”ตPenpie Maximizing Benefits
    • Boosted Rewards for PENDLE Holders
    • Boosted Rewards for Liquidity Providers
    • Cost-Effective Voting Power for Pendle Finance users
    • Decrease PENDLE circulating supply
  • ๐ŸŽชThe Penpie Voting Market
    • ๐Ÿ—ณ๏ธVote
    • ๐Ÿ“ŠvlPNP Gauge
    • ๐ŸŽฏvePENDLE Gauge
    • ๐ŸŽŸ๏ธBenefits
  • ๐Ÿช‚Farm Points on Penpie
  • โš–๏ธGovernance
  • ๐Ÿ”งOfficial links and tools.
    • ๐Ÿ“‘Smart Contracts
    • ๐Ÿ“กOfficial Links
    • ๐Ÿ“ฝ๏ธMedia Kit
  • ๐Ÿ”Reference
    • ๐Ÿ’กGlossary
  • ๐Ÿ”Security
    • ๐Ÿ“ƒAudit Reports
    • Real Time Monitoring
    • โŒšTimelock
Powered by GitBook
On this page
  • Layer Zero
  • OFT
  • What does this mean for Penpieโ€™s tokens?
  1. Penpie Ecosystem

LayerZero Bridge

Omnichain Penpie

PreviousPendle FinanceNextHow to use

Last updated 8 months ago

Penpie has successfully implemented the groundbreaking technology of LayerZero.

Layer Zero | Penpie

Layer Zero

OFT

Penpie has adopted the Omnichain Fungible Token (OFT) standard from Layer Zero Labs, which brings a significant advantage for interoperability across blockchains. OFT is an extensible token contract, paving the way for external composition of tokens across a wide array of dApps, irrespective of the DeFi ecosystem they belong to. By adopting OFT tokens, a unified standard for all protocols and blockchains can be achieved. This seamless integration enables users to effortlessly swap across chains and utilize the tokens on any dApp on any chain.

What does this mean for Penpieโ€™s tokens?

Both PNP and mPENDLE tokens use the OFT-20 standard. This standard facilitates their smooth transfer between Ethereum, Arbitrum, BNB Chain and Optimism offering users the flexibility to engage with Penpie on their preferred network. With the implementation of OFT V2, PNP and mPENDLE tokens could also be transferred with ease to non-EVM blockchains in the future.

LayerZero is an omnichain interoperability protocol designed for efficient message transmission across different blockchains. It offers reliable and guaranteed message delivery with adjustable levels of trustlessness. is pioneering new applications in the DeFi sector, including trading, borrowing, and lending across various blockchains, leading to more streamlined markets. Also, gaming and media dApps can execute high-volume transactions on a single blockchain, while also having the capability to transfer, purchase, and sell NFTs on other blockchains with the most liquid markets.

๐ŸŒ
๐ŸŒ‰
Layer Zero