Camelot recently announced an integration with LayerZero Labs to power its Orbit expansion. The announcement was made on Camelot’s official X/Twitter account.
The tweets read that Camelot is continuing to support Arbitrum Builders. Thus, the Arbitrum native DEX will be deployed on several Orbit chains as the native liquidity layer. Also, $GRAIL will use OFT to bridge to XAI and beyond.
The latest collaboration will help builders access a battle-tested and highly adaptive decentralized exchange. Since Camelot is native to specific Orbit chains, its expansion into Orbit is a natural move.
Every Orbit chain boasts different preferences and requirements. However, Camelot has been designed to adapt to such needs efficiently.
An integration with LayerZero Labs allows Camelot to enjoy next-gen cross-chain technology that will take GRAIL tokens to the supported Orbit chains.
Moreover, the unique OFT standard will help GRAIL token holders bridge seamlessly throughout Orbit chains. XAI will be the first chain to demonstrate a seamless connection.
The thread continued to talk about the integration and how LayerZero is pioneering the industry. The Omni chain interoperability protocol boasts an immense presence in the market. Thus, it is a pleasure for the Camelot team to be joining hands with LayerZero.
The team believes in the future of Arbitrum, and the role Orbit chains can play. With the latest integration, Camelot is banking on that belief. Caldera, another modular blockchain platform, also appreciated the collaboration over X.
The final tweet on the thread reinstated how XAI Games will be the venture where the deployment will take place. Camelot also suggested users only trust its official handles to get updates about the collaboration. The platform will soon share more information as the collaboration proceeds.
Source: https://www.cryptonewsz.com/camelot-to-power-orbit-expansion-with-layerzero-labs/