Altszn.com
  • Home
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
    • Monero
    • XRP
    • Zcash
  • Web3
  • DeFi
  • NFTs
No Result
View All Result
Altszn.com
  • Home
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
    • Monero
    • XRP
    • Zcash
  • Web3
  • DeFi
  • NFTs
No Result
View All Result
Altszn.com
No Result
View All Result

Lil Pudgys Tokens Break Ethereum Boundaries With Pudgy Penguins’ LayerZero & SoulTransport

Altszn.com by Altszn.com
January 27, 2023
in Ethereum
0
Lil Pudgys Tokens Break Ethereum Boundaries With Pudgy Penguins’ LayerZero & SoulTransport
399
SHARES
2.3k
VIEWS
Share on FacebookShare on Twitter


In a groundbreaking move, Pudgy Penguins has announced that its popular Lil Pudgys tokens will now be able to cross-chain from Ethereum to Arbitrum, Polygon, and Binance Smart Chain (BNB) using LayerZero. 

This means that Lil Pudgys users will be able to take advantage of the speed and scalability of these alternative chains without sacrificing interoperability with Ethereum.

In addition to this cross-chain capability, Pudgy Penguins is also issuing soulbound tokens to Lil Pudgys users through its soulTransport feature. These tokens will be unique to each chain, providing an additional layer of security and control for users.

This move marks a significant step forward for Pudgy Penguins in the world of decentralized finance (DeFi) and blockchain technology and is sure to be welcomed by Lil Pudgys enthusiasts. 

It also highlights the growing importance of cross-chain compatibility in the DeFi space as more and more projects look to take advantage of the benefits offered by different blockchain networks.

Cross-Chain Capability for Lil Pudgys Tokens on Ethereum

Pudgy Penguins, a leading player in the NFT space, partnered up with LayerZero to improve the accessibility and user experience of their NFTs by leveraging cross-chain technology. 

The partnership will enable Pudgy Penguins’ NFTs, known as Lil Pudgys, to be easily transferable between multiple chains, including Polygon, Binance Smart Chain, and Arbitrum.

Polygon has seen significant growth in recent months due to its integration with popular platforms like Instagram, Reddit, and Robinhood, which have helped to attract a new wave of users to the Web3 community. 

Binance Smart Chain, on the other hand, has a strong presence in regions where Ethereum’s high gas fees have been a barrier to entry for many, particularly in East and South Asia and the Middle East and North Africa.

Arbitrum, an Ethereum layer 2 scaling chain, has also seen significant growth in the DeFi space, with many DeFi-native projects like GMX and Premia choosing to build on it. The partnership with LayerZero will allow Pudgy Penguins to appeal to a wider audience and expand the reach of their IP.

Pudgy Penguins’ goal is to build a household brand that resonates with a wide audience, and this partnership with LayerZero is just the first step towards that vision. The company plans to continue exploring new ways to expand and distribute the reach of its IP and open up possibilities for working with various businesses on different chains.

Related Reading | The Most Popular Cryptocurrencies Used In Online Gambling



Read More: news.google.com

Tags: boundariesBreakETHEthereumLayerZeroLilPenguinsPudgyPudgysSoulTransportTokens
ADVERTISEMENT

Recent

Bitcoin hits $103K but DeFi is a mixed bag: Finance Redefined

Bitcoin hits $103K but DeFi is a mixed bag: Finance Redefined

May 9, 2025
Cointelegraph Bitcoin & Ethereum Blockchain News

Cointelegraph Bitcoin & Ethereum Blockchain News

May 9, 2025
How GAMEE Is Making Web3 Irresistibly Fun

How GAMEE Is Making Web3 Irresistibly Fun

May 9, 2025

Categories

  • Bitcoin (4,942)
  • Blockchain (11,601)
  • Crypto (9,539)
  • Dark Web (561)
  • DeFi (8,488)
  • Ethereum (5,009)
  • Metaverse (7,742)
  • Monero (303)
  • NFT (1,590)
  • Solana (5,093)
  • Web3 (20,982)
  • Zcash (508)

Category

Select Category

    Advertise

    Advertise your site, company or product to millions of web3, NFT and cryptocurrency enthusiasts. Learn more

    Useful Links

    Advertise
    DMCA
    Contact Us
    Privacy Policy
    Shipping & Returns
    Terms of Use

    Resources

    Exchanges
    Changelly
    Web3 Jobs

    Recent News

    Bitcoin hits $103K but DeFi is a mixed bag: Finance Redefined

    Bitcoin hits $103K but DeFi is a mixed bag: Finance Redefined

    May 9, 2025
    Cointelegraph Bitcoin & Ethereum Blockchain News

    Cointelegraph Bitcoin & Ethereum Blockchain News

    May 9, 2025

    © 2022 Altszn.com. All Rights Reserved.

    No Result
    View All Result
    • Home
      • Home – Layout 1
      • Home – Layout 2
      • Home – Layout 3

    © Altszn.com. All Rights Reserved.

    • bitcoinBitcoin (BTC) $ 103,033.00
    • ethereumEthereum (ETH) $ 2,348.40
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.36
    • bnbBNB (BNB) $ 672.14
    • solanaSolana (SOL) $ 172.30
    • usd-coinUSDC (USDC) $ 0.999997
    • dogecoinDogecoin (DOGE) $ 0.206157
    • cardanoCardano (ADA) $ 0.781128
    • tronTRON (TRX) $ 0.263093
    • staked-etherLido Staked Ether (STETH) $ 2,349.15
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 102,968.00
    • suiSui (SUI) $ 3.97
    • chainlinkChainlink (LINK) $ 16.05
    • avalanche-2Avalanche (AVAX) $ 23.41
    • wrapped-stethWrapped stETH (WSTETH) $ 2,817.57
    • stellarStellar (XLM) $ 0.298251
    • shiba-inuShiba Inu (SHIB) $ 0.000015
    • hedera-hashgraphHedera (HBAR) $ 0.202410
    • hyperliquidHyperliquid (HYPE) $ 24.94
    • bitcoin-cashBitcoin Cash (BCH) $ 414.20
    • the-open-networkToncoin (TON) $ 3.30
    • leo-tokenLEO Token (LEO) $ 8.68
    • usdsUSDS (USDS) $ 1.00
    • litecoinLitecoin (LTC) $ 104.30
    • polkadotPolkadot (DOT) $ 4.90
    • wethWETH (WETH) $ 2,351.78
    • moneroMonero (XMR) $ 317.25
    • wrapped-eethWrapped eETH (WEETH) $ 2,506.94
    • bitget-tokenBitget Token (BGB) $ 4.56
    • pepePepe (PEPE) $ 0.000013
    • pi-networkPi Network (PI) $ 0.734246
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,080.00
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • whitebitWhiteBIT Coin (WBT) $ 30.29
    • uniswapUniswap (UNI) $ 6.48
    • bittensorBittensor (TAO) $ 428.53
    • nearNEAR Protocol (NEAR) $ 2.92
    • aptosAptos (APT) $ 5.62
    • daiDai (DAI) $ 1.00
    • okbOKB (OKB) $ 55.21
    • aaveAave (AAVE) $ 212.20
    • ondo-financeOndo (ONDO) $ 1.01
    • susdssUSDS (SUSDS) $ 1.05
    • official-trumpOfficial Trump (TRUMP) $ 14.73
    • ethereum-classicEthereum Classic (ETC) $ 19.27
    • internet-computerInternet Computer (ICP) $ 5.48
    • crypto-com-chainCronos (CRO) $ 0.102043
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • bitcoinBitcoin (BTC) $ 103,033.00
    • ethereumEthereum (ETH) $ 2,348.40
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.36
    • bnbBNB (BNB) $ 672.14
    • solanaSolana (SOL) $ 172.30
    • usd-coinUSDC (USDC) $ 0.999997
    • dogecoinDogecoin (DOGE) $ 0.206157
    • cardanoCardano (ADA) $ 0.781128
    • tronTRON (TRX) $ 0.263093
    • staked-etherLido Staked Ether (STETH) $ 2,349.15
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 102,968.00
    • suiSui (SUI) $ 3.97
    • chainlinkChainlink (LINK) $ 16.05
    • avalanche-2Avalanche (AVAX) $ 23.41
    • wrapped-stethWrapped stETH (WSTETH) $ 2,817.57
    • stellarStellar (XLM) $ 0.298251
    • shiba-inuShiba Inu (SHIB) $ 0.000015
    • hedera-hashgraphHedera (HBAR) $ 0.202410
    • hyperliquidHyperliquid (HYPE) $ 24.94
    • bitcoin-cashBitcoin Cash (BCH) $ 414.20
    • the-open-networkToncoin (TON) $ 3.30
    • leo-tokenLEO Token (LEO) $ 8.68
    • usdsUSDS (USDS) $ 1.00
    • litecoinLitecoin (LTC) $ 104.30
    • polkadotPolkadot (DOT) $ 4.90
    • wethWETH (WETH) $ 2,351.78
    • moneroMonero (XMR) $ 317.25
    • wrapped-eethWrapped eETH (WEETH) $ 2,506.94
    • bitget-tokenBitget Token (BGB) $ 4.56
    • pepePepe (PEPE) $ 0.000013
    • pi-networkPi Network (PI) $ 0.734246
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,080.00
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • whitebitWhiteBIT Coin (WBT) $ 30.29
    • uniswapUniswap (UNI) $ 6.48
    • bittensorBittensor (TAO) $ 428.53
    • nearNEAR Protocol (NEAR) $ 2.92
    • aptosAptos (APT) $ 5.62
    • daiDai (DAI) $ 1.00
    • okbOKB (OKB) $ 55.21
    • aaveAave (AAVE) $ 212.20
    • ondo-financeOndo (ONDO) $ 1.01
    • susdssUSDS (SUSDS) $ 1.05
    • official-trumpOfficial Trump (TRUMP) $ 14.73
    • ethereum-classicEthereum Classic (ETC) $ 19.27
    • internet-computerInternet Computer (ICP) $ 5.48
    • crypto-com-chainCronos (CRO) $ 0.102043
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00