Introducing Tenet Bridge
Tenet Bridge Brings Omnichain Compatibility to LSDs
Tenet, an LSD focused Layer-1 ecosystem dedicated to expanding the utility of liquid staking derivatives, have worked with LayerZero, an innovative omnichain interoperability protocol, to create Tenet Bridge, to bring omnichain compatibility to LSDs.
Tenet Bridge is powered by LayerZero technology and enables the frictionless bridging of LSDs to Tenet network from six other chains within the LayerZero network. The bridge’s technology also features omnichain wrapped versions of various LSDs to bring omnichain compatibility to LSDfi.
The bridge is now live on Tenet mainnet, marking the first time that LSDs can be bridged to Tenet in preparation for the launch of restaking and Tenet’s stablecoin, LSDC. Tenet bridge allows for the bridging of major LSDs, such as stETH, rETH, MaticX and ankrBNB, as well as stablecoins such as USDC, USDT and DAI.
The bridge also allows TENET to be bridged to other networks with LayerZero endpoints and marks the launch of the Omnichain Fungible Token (OFT) version of TENET. Holders of the previous ERC20 version of TENET can now use this migration portal to swap their ERC20 tokens for the new OFT version. Liquidity on the Ethereum network has also been migrated by the Tenet team from the ERC20 version to the OFT version.
Gareth Fenney, Tenet’s Defi Architect, had this to say about the launch “We are excited to open up additional opportunities on Tenet for holders of LSDs with the launch of Tenet’s omnichain bridge. LayerZero’s technology allows us to create an industry leading product built on top of a tried and tested system.”
“We are excited that Tenet has integrated with LayerZero to power interoperability on the network,” said Seena Foroutan, Global Head of Business Development. “Their utilization of LayerZero to power the bridge and the TENET Omnichain Fungible Token show their alignment with the omnichain future.”
The Tenet Bridge and TENET OFT contract have undergone audits as well as a thorough public testing period prior to going live on mainnet. The ability to bridge LSDs to Tenet is the first step towards the launch of Tenet mainnet and completion of the beta period, with the next key event being the start of Tenet’s lockdrop campaign, which will lead into LSDs being restaked to Tenet’s validator network for additional yield and participation in ecosystem governance. Further details of the mainnet launch and Tenet’s lockdrop launch campaign will be announced in the coming weeks so please stay tuned.
Liquidity migration and token swap for $TENET ERC20
Users holding the older $TENET ERC-20 can now use the migration portal at migrator.tenet.org to swap their $TENET ERC-20 tokens for the new $TENET OFT version.
After the swap, they will be able to utilize the bridge. Additionally, liquidity has been migrated on Uniswap to the new TENET OFT.
The Tenet bridge can be accessed at this link: app.tenet.org
Bridge contract
0x104fd294cd556D1E5FD98661735d5cC92250fA45
Token contracts
TENET OFT
Arbitrum: 0x788D86E00ab31Db859C3d6b80d5a9375801d7f2A
Ethereum: 0x788D86E00ab31Db859C3d6b80d5a9375801d7f2A
Optimism: 0x788D86E00ab31Db859C3d6b80d5a9375801d7f2A
Polygon: 0x788D86E00ab31Db859C3d6b80d5a9375801d7f2A
Avalanche: 0x788D86E00ab31Db859C3d6b80d5a9375801d7f2A
BSC: 0x788D86E00ab31Db859C3d6b80d5a9375801d7f2A
Tenet: 0x788D86E00ab31Db859C3d6b80d5a9375801d7f2A
sfrxETH
Tenet: 0x4d451566c415724294424770707f12B5870A89b9
Ethereum: 0xac3e018457b222d93114458476f3e3416abbe38f
Arbitrum: 0x95ab45875cffdba1e5f451b950bc2e42c0053f39
Optimism: 0x484c2d6e3cdd945a8b2df735e079178c1036578c
BSC: 0x3cd55356433c89e50dc51ab07ee0fa0a95623d53
rETH
Tenet: 0xacb8F5B6ca99e50aeDD8acAfc1Eb6CE7BccE51a5
Ethereum: 0xae78736cd615f374d3085123a210448e74fc6393
Arbitrum: 0xec70dcb4a1efa46b8f2d97c310c9c4790ba5ffa8
Optimism: 0x9bcef72be871e61ed4fbbc7630889bee758eb81d
wBETH
Tenet: 0x7f327f7736FAA6128593BB1Dda33CB4aCecE9474
Ethereum: 0xa2e3356610840701bdf5611a53974510ae27e2e1
BSC: 0xa2e3356610840701bdf5611a53974510ae27e2e1
ankrETH
Tenet: 0x2DF886d0f4393cC9D8C5C89FB5e1A1dFDf3E08cE
Ethereum: 0xE95A203B1a91a908F9B9CE46459d101078c2c3cb
ankrBNB
Tenet: 0xcdC1F69E66C1731eD1625DeE74601172fe9cC9b4
BSC: 0x52f24a5e03aee338da5fd9df68d2b6fae1178827
ankrMATIC
Tenet: 0xeaB9A1e5De49418013910677477361e8e99181ed
Polygon: 0x0e9b89007eee9c958c0eda24ef70723c2c93dd58
cbETH
Tenet: 0x00393144d4364C4FbcAb63C736F0fcE1adCc7442
Ethereum: 0xbe9895146f7af43049ca1c1ae358b0541ea49704
USDT
Tenet: 0x91Aa258324072dFf6F82408c2beB2F82D353b300
Ethereum: 0xdac17f958d2ee523a2206206994597c13d831ec7
Arbitrum: 0xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9
BSC: 0x55d398326f99059ff775485246999027b3197955
Polygon: 0xc2132d05d31c914a87c6611c10748aeb04b58e8f
Avalanche: 0x9702230a8ea53601f5cd2dc00fdbc13d4df4a8c7
USDC
Tenet: 0x55c32e8aB56021C012AB3d5a586b743664E73DA0
Ethereum: 0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48
Arbitrum: 0xff970a61a04b1ca14834a43f5de4533ebddb5cc8
Optimism: 0x7f5c764cbc14f9669b88837ca1490cca17c31607
BSC: 0x8ac76a51cc950d9822d68b83fe1ad97b32cd580d
Polygon: 0x2791bca1f2de4661ed88a30c99a7a9449aa84174
Avalanche: 0xb97ef9ef8734c71904d8002f8b6bc66dd9c48a6e
DAI
Tenet: 0x214e4b66fF555acC98f58a8E57BBd9295DFa1648
Ethereum: 0x6B175474E89094C44Da98b954EedeAC495271d0F
Optimism: 0xDA10009cBd5D07dd0CeCc66161FC93D7c9000da1
Polygon: 0x8f3Cf7ad23Cd3CaDbD9735AFf958023239c6A063
BUSD
Tenet: 0xA5511FA09D8d6c807256fE6BE0F3B8EdFEd82165
BSC: 0xe9e7cea3dedca5984780bafc599bd69add087d56
WETH
Tenet: 0x40e8140DDb8E5D9FE1AfB8288Ab06259355a6D4B
Ethereum: 0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2
Arbitrum: 0x82aF49447D8a07e3bd95BD0d56f35241523fBab1
Optimism: 0x4200000000000000000000000000000000000006
WBNB
Tenet: 0xcd9780c74022F9afAA8c9F5240e3de26aF323A7F
BSC: 0xbb4CdB9CBd36B01bD1cBaEBF2De08d9173bc095c
WAVAX
Tenet: 0x76c23f905FCd5A2E4A7c789394524fF6BDD3BC81
Avalanche: 0xB31f66AA3C1e785363F0875A1B74E27b85FD66c7
WMATIC
Tenet: 0x60A2A88778bA62De4C2dE2cA358288164f9fcA3F
Polygon: 0x0d500B1d8E8eF31E21C99d1Db9A6444d3ADf1270
wrappedStETH
Tenet: 0x9e513290b8d9f619BE9C51d44F0Ff0B91F57AB57
Ethereum: 0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0
Arbitrum: 0x5979D7b546E38E414F7E9822514be443A4800529
Optimism: 0x1F32b1c2345538c0c6f582fCB022739c4A194Ebb
wrappedMaticX
Tenet: 0x84c323C3Fe90c8B604cbcdDcB35eC5c21Ad36d08
Ethereum: 0xf03a7eb46d01d9ecaa104558c732cf82f6b6b645
Polygon: 0xfa68fb4628dff1028cfec22b4162fccd0d45efb6
