diff --git a/contracts/token/oft/v2/BaseOFTV2.sol b/contracts/token/oft/latest/BaseOFTV2.sol
similarity index 100%
rename from contracts/token/oft/v2/BaseOFTV2.sol
rename to contracts/token/oft/latest/BaseOFTV2.sol
diff --git a/contracts/token/oft/v2/OFTCoreV2.sol b/contracts/token/oft/latest/OFTCoreV2.sol
similarity index 100%
rename from contracts/token/oft/v2/OFTCoreV2.sol
rename to contracts/token/oft/latest/OFTCoreV2.sol
diff --git a/contracts/token/oft/v2/OFTV2.sol b/contracts/token/oft/latest/OFTV2.sol
similarity index 100%
rename from contracts/token/oft/v2/OFTV2.sol
rename to contracts/token/oft/latest/OFTV2.sol
diff --git a/contracts/token/oft/v2/ProxyOFTV2.sol b/contracts/token/oft/latest/ProxyOFTV2.sol
similarity index 100%
rename from contracts/token/oft/v2/ProxyOFTV2.sol
rename to contracts/token/oft/latest/ProxyOFTV2.sol
diff --git a/contracts/token/oft/latest/README.md b/contracts/token/oft/latest/README.md
new file mode 100644
index 00000000..1519795a
--- /dev/null
+++ b/contracts/token/oft/latest/README.md
@@ -0,0 +1,45 @@
+## Endpoint V1 OFT: Latest
+
+> **NOTE:** This document should be read in conjunction with the <a href="https://layerzero.gitbook.io/docs/evm-guides/oft-walkthrough">LayerZero V1 OFT Docs</a>.
+
+This set of interfaces, contracts, and utilities are all related to the OFT (Omnichain Fungible Token) Endpoint V1 implementation, designed for seamless fungible token transfers across multiple blockchains.
+
+There are a few core contracts that implement the behavior specified in the OFT V2:
+
+* **{OFTV2}**: the main contract that combines `BaseOFTV2` with `ERC20`, implementing the OFT functionalities.
+* {BaseOFTV2}: the base abstract contract that provides the essential functionality for omnichain token transfer.
+* {{OFTCoreV2}}: the core contract that implements baseline logic for debiting and crediting tokens across multiple chains.
+* {{NonblockingLzApp}}: the generic message passing standard to send and receive arbitrary pieces of data between LayerZero contracts.
+* {ERC20}: the standard ERC-20 implementation from OpenZeppelin, providing basic token functionalities like transfer, balance tracking, and allowances.
+
+Additionally there are multiple custom extensions, including:
+
+* **{ProxyOFTV2}**: an implementation that allows an already deployed ERC20 to expand to any supported chain as a native token.
+* {NativeOFTV2}: support for native gas token transfers.
+* {OFTWithFee}: support for custom fees on token transfer.
+
+### Core
+
+{{OFTV2}}
+
+{{BaseOFTV2}}
+
+{{OFTCoreV2}}
+
+{{IOFTV2}}
+
+{{ERC20}}
+
+> **NOTE:** This core set of contracts is designed to be unopinionated, allowing developers to access the internal functions in `OFTV2.sol`, `BaseOFTV2.sol`, and `OFTCoreV2.sol`, and expose them as external functions in the way they prefer.
+
+### Extensions
+
+{{OFTWithFee}}
+
+{{ProxyOFTWithFee}}
+
+{{NativeOFTV2}}
+
+{{NativeOFTWithFee}}
+
+> **NOTE:** We encourage developers to explore the internal workings of the `OFTV2` contract to fully utilize its capabilities in omnichain environments.
diff --git a/contracts/token/oft/v2/NativeOFTV2.sol b/contracts/token/oft/latest/extensions/NativeOFTV2.sol
similarity index 99%
rename from contracts/token/oft/v2/NativeOFTV2.sol
rename to contracts/token/oft/latest/extensions/NativeOFTV2.sol
index 9e84fab3..b23fda11 100644
--- a/contracts/token/oft/v2/NativeOFTV2.sol
+++ b/contracts/token/oft/latest/extensions/NativeOFTV2.sol
@@ -3,7 +3,7 @@
 pragma solidity ^0.8.0;
 
 import "@openzeppelin/contracts/security/ReentrancyGuard.sol";
-import "./OFTV2.sol";
+import "../OFTV2.sol";
 
 contract NativeOFTV2 is OFTV2, ReentrancyGuard {
     uint public outboundAmount;
diff --git a/contracts/token/oft/v2/fee/BaseOFTWithFee.sol b/contracts/token/oft/latest/extensions/fee/BaseOFTWithFee.sol
similarity index 98%
rename from contracts/token/oft/v2/fee/BaseOFTWithFee.sol
rename to contracts/token/oft/latest/extensions/fee/BaseOFTWithFee.sol
index c039c818..1b23b60d 100644
--- a/contracts/token/oft/v2/fee/BaseOFTWithFee.sol
+++ b/contracts/token/oft/latest/extensions/fee/BaseOFTWithFee.sol
@@ -2,7 +2,7 @@
 
 pragma solidity ^0.8.0;
 
-import "../OFTCoreV2.sol";
+import "../../OFTCoreV2.sol";
 import "./IOFTWithFee.sol";
 import "./Fee.sol";
 import "@openzeppelin/contracts/utils/introspection/ERC165.sol";
diff --git a/contracts/token/oft/v2/fee/Fee.sol b/contracts/token/oft/latest/extensions/fee/Fee.sol
similarity index 100%
rename from contracts/token/oft/v2/fee/Fee.sol
rename to contracts/token/oft/latest/extensions/fee/Fee.sol
diff --git a/contracts/token/oft/v2/fee/IOFTWithFee.sol b/contracts/token/oft/latest/extensions/fee/IOFTWithFee.sol
similarity index 96%
rename from contracts/token/oft/v2/fee/IOFTWithFee.sol
rename to contracts/token/oft/latest/extensions/fee/IOFTWithFee.sol
index 07dcd62d..b6d9b7a4 100644
--- a/contracts/token/oft/v2/fee/IOFTWithFee.sol
+++ b/contracts/token/oft/latest/extensions/fee/IOFTWithFee.sol
@@ -2,7 +2,7 @@
 
 pragma solidity >=0.5.0;
 
-import "../interfaces/ICommonOFT.sol";
+import "../../interfaces/ICommonOFT.sol";
 
 /**
  * @dev Interface of the IOFT core standard
diff --git a/contracts/token/oft/v2/fee/NativeOFTWithFee.sol b/contracts/token/oft/latest/extensions/fee/NativeOFTWithFee.sol
similarity index 100%
rename from contracts/token/oft/v2/fee/NativeOFTWithFee.sol
rename to contracts/token/oft/latest/extensions/fee/NativeOFTWithFee.sol
diff --git a/contracts/token/oft/v2/fee/OFTWithFee.sol b/contracts/token/oft/latest/extensions/fee/OFTWithFee.sol
similarity index 100%
rename from contracts/token/oft/v2/fee/OFTWithFee.sol
rename to contracts/token/oft/latest/extensions/fee/OFTWithFee.sol
diff --git a/contracts/token/oft/v2/fee/ProxyOFTWithFee.sol b/contracts/token/oft/latest/extensions/fee/ProxyOFTWithFee.sol
similarity index 100%
rename from contracts/token/oft/v2/fee/ProxyOFTWithFee.sol
rename to contracts/token/oft/latest/extensions/fee/ProxyOFTWithFee.sol
diff --git a/contracts/token/oft/v2/interfaces/ICommonOFT.sol b/contracts/token/oft/latest/interfaces/ICommonOFT.sol
similarity index 100%
rename from contracts/token/oft/v2/interfaces/ICommonOFT.sol
rename to contracts/token/oft/latest/interfaces/ICommonOFT.sol
diff --git a/contracts/token/oft/v2/interfaces/IOFTReceiverV2.sol b/contracts/token/oft/latest/interfaces/IOFTReceiverV2.sol
similarity index 100%
rename from contracts/token/oft/v2/interfaces/IOFTReceiverV2.sol
rename to contracts/token/oft/latest/interfaces/IOFTReceiverV2.sol
diff --git a/contracts/token/oft/v2/interfaces/IOFTV2.sol b/contracts/token/oft/latest/interfaces/IOFTV2.sol
similarity index 100%
rename from contracts/token/oft/v2/interfaces/IOFTV2.sol
rename to contracts/token/oft/latest/interfaces/IOFTV2.sol
diff --git a/contracts/token/oft/v2/mocks/OFTStakingMockV2.sol b/contracts/token/oft/latest/mocks/OFTReceiverMockV2.sol
similarity index 100%
rename from contracts/token/oft/v2/mocks/OFTStakingMockV2.sol
rename to contracts/token/oft/latest/mocks/OFTReceiverMockV2.sol
diff --git a/contracts/token/oft/v2/mocks/OFTV2Mock.sol b/contracts/token/oft/latest/mocks/OFTV2Mock.sol
similarity index 100%
rename from contracts/token/oft/v2/mocks/OFTV2Mock.sol
rename to contracts/token/oft/latest/mocks/OFTV2Mock.sol
diff --git a/contracts/token/oft/v1/NativeOFT.sol b/contracts/token/oft/legacy/NativeOFT.sol
similarity index 100%
rename from contracts/token/oft/v1/NativeOFT.sol
rename to contracts/token/oft/legacy/NativeOFT.sol
diff --git a/contracts/token/oft/v1/OFT.sol b/contracts/token/oft/legacy/OFT.sol
similarity index 100%
rename from contracts/token/oft/v1/OFT.sol
rename to contracts/token/oft/legacy/OFT.sol
diff --git a/contracts/token/oft/v1/OFTCore.sol b/contracts/token/oft/legacy/OFTCore.sol
similarity index 100%
rename from contracts/token/oft/v1/OFTCore.sol
rename to contracts/token/oft/legacy/OFTCore.sol
diff --git a/contracts/token/oft/v1/ProxyOFT.sol b/contracts/token/oft/legacy/ProxyOFT.sol
similarity index 100%
rename from contracts/token/oft/v1/ProxyOFT.sol
rename to contracts/token/oft/legacy/ProxyOFT.sol
diff --git a/contracts/token/oft/v1/interfaces/IOFT.sol b/contracts/token/oft/legacy/interfaces/IOFT.sol
similarity index 100%
rename from contracts/token/oft/v1/interfaces/IOFT.sol
rename to contracts/token/oft/legacy/interfaces/IOFT.sol
diff --git a/contracts/token/oft/v1/interfaces/IOFTCore.sol b/contracts/token/oft/legacy/interfaces/IOFTCore.sol
similarity index 100%
rename from contracts/token/oft/v1/interfaces/IOFTCore.sol
rename to contracts/token/oft/legacy/interfaces/IOFTCore.sol
diff --git a/contracts/token/oft/v1/mocks/OFTMock.sol b/contracts/token/oft/legacy/mocks/OFTMock.sol
similarity index 100%
rename from contracts/token/oft/v1/mocks/OFTMock.sol
rename to contracts/token/oft/legacy/mocks/OFTMock.sol
diff --git a/contracts/token/oft/v2/README.md b/contracts/token/oft/v2/README.md
deleted file mode 100644
index 5754e90f..00000000
--- a/contracts/token/oft/v2/README.md
+++ /dev/null
@@ -1,5 +0,0 @@
-## IMPORTANT: OFTV2
-
-In order to make the token balance compatible on Aptos e.g. using uint64 to represent balance, OFTV2 has a shared decimal point setting to normalize the data type difference. 
-
-It is recommended to use a smaller shared decimal point on all chains so that your token can have a larger balance. For example, if the decimal point is 18, then you can not have more than approximately 18 * 10^18 tokens bounded by the uint64.max