Lif3 lists on Bitfinex to accelerate defi adoption and innovation
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Roadtown, British Virgin Islands, Jan. 25, 2024, Chainwire
On Jan. 25, LIF3 (pronounced Life), an omni-chain decentralized finance (defi) and layer-1 blockchain ecosystem, listed on Bitfinex, a premier digital asset trading platform. This follows their migration from Fantom to Ethereum.
This announcement aligns with Lif3’s vision and commitment to simplifying crypto adoption for consumers entering defi through its Lif3 Mobile App.
The app offers a platform for event participation, on-ramping, investing, trading, earning, gaming, and off-ramping.
Bitfinex listing
The Bitfinex listing allows for professional traders to trade LIF3 through a top exchange.
Deposits for LIF3 will commence on Jan. 23, 2024, at approximately 1:30 PM UTC.
Trading is scheduled to start on Jan. 25, 2024, at approximately 3:30 PM UTC, with LIF3 being tradable against USD (LIF3/USD) and USDT (LIF3/USDt).
“The addition of LIF3 to our offerings is a significant step in our commitment to embracing innovative financial solutions. LIF3’s features include crypto swapping, yield farming, and a secure mobile wallet”, said Henry Child, head of tokens. “This listing underscores our commitment to advancing the defi space with cutting-edge solutions.”
Ethereum migration
The Lif3 protocol has recently migrated to Ethereum from Fantom Network.
This move is not just a change of platform but a leap towards broader market accessibility and ease of trading of the LIF3 token.
According to the team behind Lif3, the transition simplifies the purchasing process for users, enabling easier acquisition of LIF3, and paves the way for Lif3’s further expansion.
The migration to Ethereum also marks a new chapter in Lif3’s journey. It represents a move towards a platform with a more extensive user base, offering increased exposure and potentially higher transaction volumes.
This shift is about harnessing the strengths of Ethereum’s ecosystem, providing Lif3 users with easier methods of acquiring LIF3 and improved reliability, crucial for defi transactions.
Kean Laurens, Head of Product, said:
“This Bitfinex listing in addition to the migration to Ethereum will expand Lif3.com and its market accessibility while enhancing efficiency in cryptocurrency transactions through consumer DeFi, unlocking more opportunities within the dynamic world of decentralised finance and beyond. We are not only excited for the recent migration to Ethereum, in addition to being available on Fantom, BNB Chain and Polygon – but also opening up a larger market and simplifying the purchase process for users, particularly in acquiring mainstream tokens like USDT and ETH.”
Adding,
“The early stage of defi adoption presents unique challenges, including the complexity of swapping, staking, and bridging various chains. Recognizing Ethereum’s widespread recognition and trust factor, Lif3 aims to reduce entry barriers and foster a smoother transition into its ecosystem. Lif3 was conceived with a clear mission to make defi interactions and investments seamless and safe, especially for newcomers. Our visionaries in the crypto realm identified a need to simplify the on-ramping process and offer a unified platform for various defi activities.”
Lif3 ecosystem
Lif3.com is a complete, omni-chain defi ecosystem, curated layer-1 blockchain, and a self-custody wallet available on the App Store and Google Play.
Now available on multiple blockchains: Ethereum, Polygon, BNB Chain, and Fantom.
Lif3 offers a suite of defi products that transcends beyond a mere platform and an entire curated ecosystem.
Efficiency and accessibility in digital finance are essential goals that many companies strive to achieve. One such company is Lif3, which aims to make defi more user-friendly and market accessible through a consumer-focused wallet. This could lead to significant advancements in cryptocurrency transactions and may pave the way for a brighter future in the Web3 space.
Harry Yeh, Managing Director of Quantum Fintech Group, said:
“As an investor and Lif3 enthusiast, I am thrilled Lif3 is officially listed on Bitfinex, a renowned platform that shares Lif3’s commitment to innovation and excellence in addition to the Layer Zero partnership, in supporting the migration to the Ethereum Network. This listing signifies a crucial quantum leap in providing increased visibility and accessibility to a broader audience of investors and other Web3 enthusiasts alike, for a more seamless experience in using blockchain. As the Lif3 ecosystem continues to advance its mission in reshaping the future of finance, this announcement is poised to catalyzes further growth and innovation.”
Esports tournament Supercup.gg
Lif3.com has partnered with MetaNews and acquired an official license from Krafton for the PUBG mobile tournament Super Cup. This is part of their plan to extend their reach and appeal to the esports community.
The competition will kick off on Jan. 26 and is set to run until Jan. 29, 2024.
Lif3 has created a system for esports that will make it easier for amateur gamers, fans, and esports organizations to make small payments online. This system will replace older payment methods that don’t work well with esports.
About LIF3.com
Lif3.com is a complete, omni-chain defi ecosystem, curated layer-1 blockchain, and a self-custody wallet on the App Store and Google Play.
To learn more, visit https://lif3.com
X: twitter.com/Official_LIF3
Lif3 news and updates: lif3.com/news
Media Contact
Email: [email protected]
About Bitfinex
Bitfinex is a digital token trading platform that was founded in 2012. It offers advanced trading features, charting tools, peer-to-peer financing, an OTC market, and margin trading for various digital tokens. Bitfinex aims to provide excellent support, tools, and innovation for traders and liquidity providers globally.
About LayerZero Labs
LayerZero Labs is a team that has created a messaging protocol called LayerZero, which allows for secure communication across more than 30 blockchain networks. The LayerZero protocol has been live since March 2022. It has already processed over 20 million messages and helped thousands of developer teams deploy their contracts. It has received support from many well-known venture capital firms and was recently valued at $3 billion. Developers can use LayerZero to build omnichain dApps, which can help create a unified digital asset ecosystem.
Contact
Media relations
Chantel Elloway
Lif3 Labs Limited
[email protected]
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.