πBridge Layer Zero
ABRA is multichain token and is using LayerZeroβs Omnichain Fungible Token standard and is transferable between the following supported networks:
BNB Smart Chain (Initial network)
Arbitrum
OP Mainnet
Polygon
Ethereal
Layer Zero
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. Layer Zero 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.
OFT
Cadabra 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 Cadabra tokens?
ABRA token use the OFT-20 standard. This standard facilitates their smooth transfer between BSC, Arbitrum, Ethereum, Optimism and others networks offering users the flexibility to engage with Cadabra on their preferred network.
veABRA token is not transferable token and use BSC as main and single network.
How to transfer ABRA token?
You can use the related page on Cadabra site or use the following instruction (TODO)
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