Omnichain Infrastructure

Nara is leveraging LayerZero's cutting-edge Omnichain Vault (OVault) technology and its Omnichain Fungible Token (OFT) standard to revolutionize its Nara's vault, making them truly cross-chain. This strategic integration allows Nara to offer its users unparalleled flexibility and accessibility in the multi-chain ecosystem.

Nara OVault

At its core, LayerZero's OVault is an advanced ERC-4626 vault product designed to overcome the limitations of traditional single-chain vaults. Historically, ERC-4626 vaults restricted liquidity and user experience to a single blockchain, meaning their shares were confined to their originating chain and interacting with them often required complex, multi-step transactions. OVault addresses these challenges by transforming vault shares into OFTs and incorporating a sophisticated vault composer.

One Click Cross Chain UX

For Nara, this means any users can deposit stablecoins from any chain and are no longer siloed; they become Omnichain Fungible Tokens, capable of seamlessly moving and being utilized across any blockchain connected to the LayerZero network. This dramatically expands the reach and utility of Nara's vault to any users. Furthermore, the integrated vault composer provides a "One-Click Cross-Chain UX," allowing Nara's users to deposit or redeem their assets from any supported chain with a single, simplified transaction. This eliminates the need for cumbersome manual bridging or the acquisition of specific gas tokens on a hub chain, significantly enhancing the user experience.

Ultimately, by adopting LayerZero's OFT standard and OVaults, Nara is empowering its users with a frictionless experience, enabling them to interact with Nara's tokens from any chain without network switching or concerns about gas fees. This not only simplifies access and engagement with Nara's offerings but also significantly expands Nara's market potential, attracting a broader base of underlying assets and increasing the Total Value Locked (TVL) within its RWA ecosystem. Nara's anyone to earn yield from a single vault while retaining the flexibility to use their tokens on any LayerZero-connected chain, maximizing the utility and value proposition of their Nara's vault.