Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets

ZRO

ZRO/USDT

$0.8670

-2.25%

$0.8670

-2.25%

(24s)

24h Volume

$31,505,639.65

24h H/L

$0.9180 / $0.8550

Change: $0.0630 (7.37%)

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ZRO

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$0.8620

▼ -1.60%

Volume (24h): -

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Resistance 2$0.9100

Resistance 1$0.8819

Price$0.8620

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Support 3$0.7209

Pivot (PP):$0.882667

Trend:Sideways

RSI (14):57.5

Decrypt Editorial

(08:54 PM UTC)

1 min read

Lombard Finance is the latest firm to move its assets off LayerZero technology in favor of Chainlink.
The firm conducted an internal review of its technology, opting for Chainlink in the wake of the Kelp DAO exploit.
Lombard's assets make up more than $1 billion in Bitcoin-backed tokens.

Bitcoin decentralized finance (DeFi) firm Lombard Finance will replace LayerZero technology with…