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Extending the ERC20 Token Standard

Omnichain
Fungible Token

Core ConceptAdvantagesVariantsDev toolsVersionsDev tools
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the only cross-chain token transfer that you’ll ever need
01 / 05
Core Concept
Low friction, capital efficient cross-chain fungible tokens, with unified liquidity. The Omnichain Fungible Token (OFT) Standard allows fungible tokens to be transferred across multiple blockchains without asset wrapping, middlechains, or liquidity pools.
This enables the asset to exist and interact across multiple blockchains.
The architecture offers the unparalleled advantage of frictionless liquidity and utility, allowing assets to easily transition between diverse ecosystems without compromising their inherent properties.
02 / 05
A fungible token standard created for an omnichain world.
A /
Unified Liquidity
Avoid liquidity fragmentation due to wrapped tokens by allowing native tokens on all supported blockchains.
PROPERTIES
B /
Wrap Existing Tokens
Utilize LayerZero’s OFT Adapter to transform existing tokens into OFTs.
C /
LayerZero Scan
Improve cross-chain UX by offering real-time progress of an OFT transfer.
D /
Broaden User Base
Increase the size of your addressable market by making your token, the ability to, accessible on all LayerZero supported chains.
E /
Secured with Pre-crime
Additional security built right into the OFT standard. Detect and stop exploits before they happen.
F /
Efficient implementation
Ability to move any amount of value for less than a penny.
03 / 05
Advantages
Total Fee Control. Zero Friction Between Chains. Unified Liquidity.
LayerZero currently supports 50+ blockchains and is adding new networks regularly. OFTs allow tokens to move between these chains with no protocol fees -- though projects can add their own fee.
Discover more
04 / 05
implementation
Sample Code for OFT.
The OFT contract simply extends the ERC20 Standard, making it inherently omnichain.
Learn More
05 / 05
Use Cases
Omnichain Fungible Tokens
power a wide variety of use cases.
Mint and Bridge an OFT
Connect your wallet to mint an OFT. Transfer that token across any LayerZero supported testnet.
External Link
Want to convert an existing token to OFT?
Use the OFT Adapter to convert any existing token into an omnichain fungible token.
External Link
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