BMT Series (Twenty-Three): The Seamless Bridging Advantage of the Cross-Chain OFT Standard
Cross-chain bridging has always been a pain point in Web3, with asset transfers often accompanied by wrapping, delays, and risks. However, BMT utilizes LayerZero's OFT (Omnichain Fungible Token) standard to achieve seamless bridging, with clear advantages. Simply put, this standard allows BMT to flow freely across multiple chains, just like a native token, without the need for intermediaries.
First, let's understand the mechanism: OFT burns tokens on the source chain and uses LayerZero's message relaying to mint an equal amount on the target chain, ensuring a unified total supply. BMT is deployed on Solana (SPL) and BNB Chain (BEP20), with equal distribution of circulating supply at TGE. Data shows that Solana is an active user chain, while BNB is the entry point for EVM, allowing for frictionless bridging between the two. Compared to traditional bridges like Stargate, OFT is more efficient, requiring no liquidity pools, thus reducing slippage and fees.
Advantage One: Seamless Transfer. Users can transfer BMT from Solana to BNB, with the process handled automatically, and LayerZero V2 audit ensures security. Auditors like OtterSec and PeckShield ensure there are no vulnerabilities.
Advantage Two: Multi-Ecosystem Compatibility. BMT supports Solana and BNB and plans to expand to Polygon, Avalanche, and others, backed by the LayerZero ecosystem.
Advantage Three: Unified Supply. The total supply remains at 1 billion, avoiding the risk of forks and facilitating governance.
In practical scenarios, Intel Desk first launches on Solana, but BNB users can participate in voting and summary cross-chain without bridging. This makes BMT more inclusive in InfoFi: traders can conduct cross-chain surveys, and holders can easily manage their assets. Compared to the bridging complications of other tokens, OFT allows BMT to act like a “full-chain token,” enhancing liquidity.
Of course, bridging comes with general risks, but LayerZero's trust-minimized design alleviates many of these. In the future, BMT bridging will embed more chains, supporting ecosystem expansion. In summary, the OFT standard transforms cross-chain from a barrier into an advantage, allowing BMT to stand out in the Web3 intelligence network.
