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OlympusDAO Switches OHM Bridge to Chainlink CCIP

BSCN avatar BSCN
1 min read
OlympusDAO Switches OHM Bridge to Chainlink CCIP

OlympusDAO has completed a migration of its OHM token bridging infrastructure from LayerZero to Chainlink's Cross-Chain Interoperability Protocol following approval by token holders through an onchain proposal. The change affects seven blockchains including Arbitrum, Base, Berachain, Optimism and Solana, with Robinhood Chain receiving its first OHM bridging route. More than $280 million in OHM value now moves through CCIP.

The switch addresses issues with LayerZero V1 becoming unavailable on several chains and disabled on layer-2 networks. Users face no required actions as token addresses remain unchanged. The new system uses a lock-and-release mechanism on Ethereum rather than LayerZero's burn-and-mint model, providing a single unified bridging route across all supported networks.

Read the full story on BSC News: OlympusDAO Moves OHM Bridging From LayerZero to Chainlink CCIP After Onchain Vote

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