Holograph is a tokenization protocol that aims to enable smooth interoperability and liquidity across different blockchain networks. As blockchain ecosystems grow, they often operate independently, leading to fragmentation and limiting the potential of decentralized applications. Holograph addresses these issues by allowing tokens to be created, transferred, and controlled across multiple chains while maintaining their consistency and combined liquidity. This functionality improves user experiences by facilitating seamless interactions with tokens on various blockchains, positioning Holograph as a key player in the evolving blockchain industry.
Holograph operates using a burn and mint process to maintain token fungibility and liquidity across different blockchains. When a token transfer occurs, the token is burned on the source chain and then reminted on the destination chain, preserving its supply and liquidity. This process eliminates slippage and ensures that the token remains fungible across blockchains. The protocol utilizes a Universal Token Framework (UTA) to define rules for token minting, sending, and receiving across different blockchains. Holograph also leverages the CREATE2 opcode and unique salt to deploy contracts at the same address on any EVM-compatible chain, ensuring consistent contract addresses across all blockchains. The protocol's architecture includes core components such as HolographGenesis.sol, HolographFactory.sol, and HolographRegistry.sol, which work together to ensure secure and standardized deployment of contracts across multiple chains. Additionally, LayerZero serves as the primary cross-chain message relayer, providing a modular and extensible framework for future messaging protocols.
HLG has a total supply of 10,000,000,000.
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