Upshift get it.
Anything built onchain can (and will) be abstracted down to a single click.
LayerZero Labs just launched oVault, a novel feature that brings vault abstraction to life via our industry-leading interoperability tech.
Think of vaults like onchain savings accounts. Any developer can launch one on a single chain, and with oVault, extend it instantly across any of the 140+ chains, powered by LayerZero.
With a global savings deposit account market well into the trillions, the opportunity for onchain solutions is massive (and it will be realized in the near-term).
And as we move toward a world with thousands of chains and countless assets, oVault makes saving money onchain as easy as using your favorite fintech or banking app.
Excited to see oVault uptake - lots of inbound to utilise it already. Everyone wants to build with better money technology.
LayerZero.
Deposit into Upshift vaults from 140+ chains.
Imagine:
1. depositing stables on Ethereum
2. earning yield on HyperEVM, Sui, Avalanche and more
3. withdrawing stables to Solana
Soon possible on Upshiftâąïž
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