Turtles On Chain

Turtles On Chain is a state-of-the-art interoperable, cross-chain trading vault built using the LayerZero protocol. It enables users to deposit assets into a unified vault interface and benefit from yield generation, trading strategies, and on-chain leverage across multiple chains. OmniVault is deployed on Arbitrum Sepolia, Base Sepolia, Flare Mainnet, and Hedera Mainnet, making it truly omni-chain DeFi protocols integrating EVM and non-EVM chains in a seamless and composable manner.

LayerZero Interoperability: OmniVault leverages LayerZero’s ultra-light node protocol for messaging and state synchronization between chains, enabling cross-chain deposits, withdrawals, and trades with minimal latency and trust assumptions.

Unified Vault Interface: Users interact with a single contract on their preferred chain, and OmniVault routes liquidity and trading signals to other chains using LayerZero endpoints and OFT (Omnichain Fungible Token) standard.

Flare Oracle Integration: Flare’s native time series oracle (FTSO) is used for decentralized and trustless pricing. For example, ETH/USD price from Flare is used as a reference for leveraged positions and liquidation conditions even on non-Flare chains.

On-Chain Leverage: Vaults support isolated leverage through composable positions. Leverage parameters are validated by oracles and mirrored across chains for synchronized risk management.

Hedera Integration: Hedera Mainnet is used for finality guarantees and low-fee settlement of transaction receipts. A proof of execution from Hedera can trigger state changes on EVM-compatible chains using LayerZero.

Flare-based Trading Engine: On Flare, OmniVault deploys a unique trading engine that not only uses FTSO prices but also supports programmable trading triggers via Flare’s native smart contract extensions.