zkLink Nova Unifies Liquidity On-Chain with Token Merge Event
SINGAPORE, April 9, 2024 /PRNewswire/ -- zkLink Nova ("Nova"), the first aggregated Layer 3 (L3) ZK-Rollup network with EVM-compatibility, today announced the consolidation of stablecoins and wBTC into single tokens on Nova, enhancing liquidity within the Nova ecosystem, aimed at creating the largest liquidity pool across all Layer 2 (L2) and Layer 3 networks.
- SINGAPORE, April 9, 2024 /PRNewswire/ -- zkLink Nova ("Nova"), the first aggregated Layer 3 (L3) ZK-Rollup network with EVM-compatibility, today announced the consolidation of stablecoins and wBTC into single tokens on Nova, enhancing liquidity within the Nova ecosystem, aimed at creating the largest liquidity pool across all Layer 2 (L2) and Layer 3 networks.
- Currently, Nova has achieved asset aggregation, allowing users to deposit native assets from various L2 networks onto Nova for cross-chain asset trading.
- As such, Nova has deployed "MergeToken" smart contracts to consolidate assets of the same value from different chains on Nova into a single token (e.g.
- Nova will serve as the network on which assets of the same value can be combined into a single token—boosting liquidity of the Nova network as well as overall L2 ecosystem.