In a multi-chain world of fragmented liquidity, interoperability infrastructure projects are a necessity for users to use applications and own assets across multiple blockchains. In this article we will explore Layerzero, which is one of the biggest interoperability stacks in the space and understand its value prop, tech differentiation and business model in order to estimate its upside potential for an investor. At present Layerzero has emerged as the market leader in the category led by the growth of Stargate, a bridge built by Layerzero team to facilitate native transfers for stable coins across EVM chains
Protocol design & interoperability trilemma