Solv Accelerates Multichain Expansion with LayerZero OFT

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Solv Accelerates Multichain Expansion with LayerZero OFT

Solv Protocol today announced a major upgrade to its Starknet token infrastructure, migrating bridging from StarkGate to the LayerZero Omnichain Fungible Token (OFT) standard.

By:

Solv Team

Published:

Mar 13, 2025

What to Know

This transition supports Solv’s multichain expansion plans and strengthens omnichain foundations while preserving continuity for users, integrators, and ecosystem tooling.

The outcome is simple: a more robust cross-chain experience without changing the Starknet token address or disrupting existing balances.

Why This Upgrade Matters

Solv is moving to OFT because it improves the most important things that break in multichain environments:

Stronger omnichain compatibility with a widely adopted standard
Cleaner bridge mechanics aligned to modern burn/mint designs
No address fragmentation on Starknet — so integrators don’t need to re-index or support multiple token contracts
Minimal user impact — existing Starknet holders remain unaffected

As part of this upgrade, Solv is coordinating closely with ecosystem partners and infrastructure teams, including Chaos Labs, DefiLlama, Hexgate, and Fuzzland, to support a smooth migration across security, monitoring, analytics, and integration readiness.

This collaboration includes aligning on pre- and post-migration verification checks, strengthening real-time observability during the cutover window, ensuring analytics and public dashboards continue to reflect consistent token and bridge data, and validating integration continuity as bridging transitions fully to the OFT standard.

Together, these efforts are designed to maximize transparency, minimize operational disruption, and provide integrators and users with a seamless experience throughout the migration.

1) Migration to LayerZero OFT Standard

Solv is migrating its existing StarkGate token setup on Starknet to the LayerZero OFT standard, a step toward more seamless interoperability across chains.

2) Bridge Upgrade: StarkGate → LayerZero (Lock/Mint → Burn/Mint)

Bridging will move from a legacy lock/mint model to LayerZero’s burn/mint bridge. As part of this improvement, tokens previously locked on Ethereum under the old route will be burned to support the new bridging flow.

Total supply is unaffected.

3) No Starknet Address Change (No Fragmentation)

The token’s address on Starknet will remain the same. This is intentional: it prevents fragmentation, protects continuity for integrators, and avoids confusing “multiple token versions” across the ecosystem.

Capture small, predictable spreads between spot and derivatives markets by providing liquidity on decentralized venues and hedging the directional exposure of other other assets off-chain, locking in funding rates and trading fees without directional risk.

4) Minimal Operational Impact

Existing Starknet balances remain intact
Only the bridging pathway changes and all new bridging will route through the OFT standard after migration
Integrators benefit from the address staying constant, reducing maintenance overhead

5) Timing

The migration date is on the 19 January. Solv will publish the final schedule and technical references ahead of execution.

What Users Need To Do

For most users: nothing.

Your Starknet balances are unaffected. Once the upgrade is completed, bridging will simply operate through the new OFT route moving forward.

About Solv Protocol

Solv Protovol is the largest on-chain Bitcoin reserve, bridging TradFi, CeFi, DeFi, and RWAFfi (real-world assets finance) through our Bitcoin Finance product suite which includes SolvBTC, xSolvBTC and BTC+. We are transforming Bitcoin from idle treasury assets into yield-bearing, composable DeFi collateral that is used seamlessly across exchanges, on-chain protocols, and institutional platforms.

With over 25,000 BTC staked and $2.5 billion in asset under management (AUM), Solv offers institutional-grade vaults, liquid staking, and lending solutions audited via Chainlink Proof of Reserve.

Backed by Binance Labs, Solv is building the $1 trillion Bitcoin economy — powered by transparency, efficiency, and interoperability.

Disclaimer

This Financial Promotion has been approved by Solv Protocol Limited on July 22, 2024.
Any translation of our website into any language other than English is for convenience purposes only. In the event of any conflict or inconsistency between the English version and a translated version, the English version shall prevail.
Solv Protocol Limited is a company registered and incorporated in Gibraltar with company No. 111928. Solv Protocol Limited is regulated by the Gibraltar Financial Services Commission under the Financial Services Act 2019 as a ‘credit institution’ under Permission No. 23171. Solv Protocol Limited is a company registered and incorporated in Gibraltar with company No. 118088 and regulated by the Gibraltar Financial Services Commission under the Financial Services Act 2019 as a ‘DLT institution’ under Permission No. 26061.

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