About AUC(LayerZero)
Last updated
Last updated
By adopting LayerZero's bridge technology, Advanced Project plans to expand the AUC token's interoperability across multiple blockchain networks. This will lead to three key versions of the AUC token:
AUC (ERC-20)
The ERC-20 based AUC token has volatility and is primarily used for liquidity on exchanges where it is traded. The original AUC token ensures the initial liquidity of the Advanced Project and provides trading convenience in global markets after being listed on exchanges.
AUC (ERC-20) Token Contract: 0x87a92428bBc876d463C21C8e51b903f127d9A9F4
AUCa (Avalanche-based)
AUCa is a token specialized for decentralized finance (DeFi) on the Avalanche chain. In particular, TIER app integrates with Avalanche's subnets and C-chain, making AUCa primarily used for payment and remittance.
AUCa (Avalanche) Token Contract: 0x1584b02d095a4b1b9a11a4049193d155b4f75454
AUCb (Base-based)
AUCb is implemented on the Base network, where it powers various dApps and serves as a reward mechanism. Users can earn AUCb tokens through rewards in various Advanced Project applications, games, staking, and services, creating a strong integration with the Base ecosystem. The AUCb token offers significant scalability as it is linked to various dApps developed through partnerships within the Advanced Project ecosystem.
AUCb (Base) Token Contract: 0x1584b02d095a4b1b9a11a4049193d155b4f75454
Advanced Project plans to maximize the scalability and interoperability of AUC tokens using LayerZero's technology, expanding the global reach of the AUC ecosystem. This will enable the AUC token to be actively used across multiple blockchain environments, rather than being limited to a single chain.
By leveraging LayerZero, AUC tokens will allow users to interact with various networks freely, maximizing the value of AUC across a broader digital asset ecosystem.
As a core component of the Advanced Project, AUC tokens will continue to play a vital role and provide increasingly diverse services and use cases in the future.
The integration of LayerZero technology into Advanced Project marks a significant step towards maximizing the utility of AUC tokens and enhancing cross-chain interoperability across multiple blockchain networks. LayerZero is a protocol designed to enable efficient and secure asset transfers across blockchains, removing the limitations of single-chain operations.
To ensure optimal functionality and interoperability of AUC tokens across multiple chains, our system utilizes the LayerZero framework, particularly focusing on the ILayerZeroReceiver and ILayerZeroEndpoint interfaces. These interfaces are integral in managing the transmission and reception of messages across chains, a process essential for token minting and validation in a decentralized, multi-chain ecosystem.
The ILayerZeroReceiver interface enables the AUC token contract to receive and process cross-chain messages. Specifically, this interface’s lzReceive function manages incoming messages and triggers token minting on the destination chain, maintaining a 1:1 asset ratio.
This streamlined process allows the AUC token to securely receive cross-chain messages, supporting efficient minting without compromising security or requiring additional intermediary systems.
The ILayerZeroEndpoint interface is responsible for sending messages across chains. This functionality is essential for initiating token burns on the origin chain and notifying the target chain to mint an equivalent amount of tokens. This interface manages crucial parameters such as destination chain ID, payload, and associated gas optimization, contributing to cost efficiency.
The combination of ILayerZeroReceiver and ILayerZeroEndpoint offers the following advanced benefits:
Customizability: The framework allows targeted customization to suit specific transaction requirements, enhancing versatility.
Gas Optimization: By implementing only essential functionalities, this configuration minimizes gas consumption, optimizing cost efficiency.
Future Flexibility: The system is more adaptable to integrating new features or expanding to additional chains, supporting the AUC token’s growth and multi-chain interoperability goals.
The AUC token's deployment with LayerZero thus enables a highly efficient, flexible, and secure cross-chain experience that aligns with the project’s mission to facilitate decentralized finance solutions on a global scale.
