IOTA’s ShimmerEVM integrates LayerZero for cross-chain communication

8:11 am
December 28, 2023

**IOTA’s ShimmerEVM Integrates LayerZero for Enhanced Cross-Chain Communication**

IOTA’s ShimmerEVM has recently integrated with LayerZero to introduce cross-chain messaging technology to its users. This development, announced on December 27, is anticipated to elevate cross-chain communication and DeFi within the ShimmerEVM ecosystem. The integration significantly expands ShimmerEVM’s connectivity to various major blockchains, enabling enhanced interoperability across a unified cross-chain ecosystem.

The integration with LayerZero establishes cross-chain connectivity to prominent blockchains such as Ethereum, Polygon, Avalanche, Binance Smart Chain, and Optimism, among others. It enables ShimmerEVM users to seamlessly interact and transact across multiple networks within the Shimmer ecosystem.

Shimmer is a platform within the IOTA ecosystem that empowers developers to build and deploy decentralized applications (dApps), offering features not currently available on IOTA’s mainnet. ShimmerEVM serves as the Ethereum Virtual Machine-compatible layer of the platform. On the other hand, LayerZero functions as an omnichain interoperability protocol, facilitating communication across diverse blockchains. The leveraging of LayerZero’s messaging infrastructure by ShimmerEVM extends cross-chain communication capabilities throughout the broader Shimmer ecosystem.

This significant collaboration positions Shimmer for initial connections to an array of blockchain networks, including Ethereum, Polygon, Binance Smart Chain, Optimism, Avalanche, Arbitrum, Fantom, and Base. Consequently, interoperability with these networks is poised to streamline the exchange of assets and information, paving the way for a new era of DeFi within the ShimmerEVM ecosystem.

LayerZero’s integration with ShimmerEVM follows its recent partnership with Blockdaemon and builds upon the potential launch of a LayerZero token in 2024.

**FAQs**

**What is ShimmerEVM?**
ShimmerEVM is a blockchain platform within the IOTA ecosystem that allows developers to build and deploy decentralized applications (dApps) with access to features currently unavailable on IOTA’s mainnet.

**What is LayerZero?**
LayerZero is an omnichain interoperability protocol that enables communication across multiple blockchains, enhancing cross-chain connectivity and interoperability.

**What are the prominent blockchains that ShimmerEVM is now connected to through LayerZero?**
ShimmerEVM has established cross-chain connectivity with major blockchains including Ethereum, Polygon, Avalanche, Binance Smart Chain, and Optimism, among others.

**What are the anticipated benefits of the integration between ShimmerEVM and LayerZero?**
The integration is expected to streamline cross-chain communication and enhance DeFi within the ShimmerEVM ecosystem, allowing for easier exchange of assets and information across multiple blockchain networks.

**Is LayerZero planning to launch a token in 2024?**
There have been recent revelations about the potential launch of a LayerZero token in 2024, following its integration with ShimmerEVM and partnership with Blockdaemon.

**What other recent collaborations has LayerZero been involved in?**
Prior to its integration with ShimmerEVM, LayerZero collaborated with Blockdaemon, further strengthening its position in the blockchain and cross-chain communication space.


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