Flare to join LayerZero as decentralized verifier network

Layer1 blockchain Flare said it plans to join LayerZero as a decentralized verifier network, or DVN. Once live, OFT issuers will be able to add Flare DVN. Flare said its DVN uses a majority system based on stake-weighted votes from 100 validators, and added that the OFT standard handles more than 85% of cross-chain dollar transaction volume for issuers including Tether, PayPal, Paxos and Ondo.