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52491992 No.52491992 [Reply] [Original]

Layer Zero announced BTC.b cross chain today. Basically to replace wBTC, which is a centralized time bomb and needs to be
replace while the market is down. Chains included are Ethereum, BNB, Polygon, Arbitrum, Optimism, Avalanche, and Aptos.

Great timing with the revelation that the renBTC is likely going to fizzle out since their treasury was held on FTX. Looks like its
in partnership with AVAX, since its minted on its chain before crossing over.

Seems like a bit of a market share play from Avalabs during the fall of titans. Alameda owned Ren, and now Avalanche is trying
to replace it with the help of Layer Zero? Bullish for AVAX?

Thoughts?

https://medium.com/avalancheavax/layerzero-aims-to-create-one-unified-experience-for-btc-b-339eb4d23672

>> No.52492122

>>52491992
>renBTC is likely going to fizzle out since their treasury was held on FTX
>supposedly decentralised project #1093 holds treasury on a CEX
its not funny anymore.
> Bullish for AVAX?
its more bullish for LayerZero, they’re quietly building an empire and they have yet to do an airdrop, token is confirmed in their smart contracts

>> No.52492156

>>52492122
>LayerZero
btw they bought out all FTX’s allocation of STG so treasury holds most of the tokens and will aggressively redistribute them to LP’s and current holders

>> No.52492208

I wish fucking faggot Avalabs would do stuff to pump my AVAX bags, not some le heckin epic nothingburger wrapped Bitcoins

>> No.52492231

>>52491992
Avax will be top 3, $1000+

>> No.52492304

>>52492231
>$1000+
unrealistic turkroach

>> No.52492398
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52492398

>>52491992
It is bullish for the chain ngl. wBTC is outdated.

>> No.52492444

>>52492304
agreed, $2500+

>> No.52492461
File: 174 KB, 1000x1000, 1619649653165.png [View same] [iqdb] [saucenao] [google]
52492461

>>52491992
It remains clear that renBTC and wBTC ngmi

>> No.52492470
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52492470

>>52492304
don't talk about my bags like that again ser

>> No.52493203
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52493203

>>52492208
stay put bitch
>>52492304
average poor nigger hands crack addict speech

>> No.52493218

>>52493203
LMAOOOOOO

>> No.52493619

>>52492470
kek