LI.FI — Community Update #6
LI.FI — Community Update #6
Important updates from the core team 🦎
Welcome back to our monthly community update, the Sixth Edition!
Thank you for being part of the LI.FI family. You are here because you are part of our journey, and we value that very much.
We designed these updates to inform you about the latest integrations, numbers, hires, partnerships, and anything noteworthy in the day-to-day of our operations, aka the juicy alpha from the core team!
What you will find in this article:
LI.FI Recap: What happened in the past month
Tech Update
Community Update
LI.FI Recap: what happened last month?
Li.Finance has rebranded to LI.FI 🎉
LI.FI is a B2B focused company catering to decentralized applications looking to go cross-chain. Our B2C interface is now available on transferto.xyz where you can bridge & swap seamlessly across chains.
With this rebranding, we’re breaking our messaging down to the core: simplifying cross-chain strategies for dApps, wallets, and DeFi protocols.
Our Public audit by Code4 Arena has been completed! 🏆
We have great news- the Code4rena audit has been completed! All the fixes have been deployed already. Thank you to all contributors (68 to be exact) for helping us find where we can improve our code. Results of the private audit done by Quantstamp coming out soon.
LI.FI at ETH Amsterdam & Devconnect 🇳🇱
Our founder Philipp Zentner, and some of the LI.FI team attended ETH Amsterdam and Devconnect this past month — and like we said, if you weren’t bullish before Amsterdam, you definitely were after Amsterdam!
We left Amsterdam encouraged and we look forward to meeting members of our community at future events!
Marketing mania! 🎉
Houston, We have podcast! 🚀
If you have been enjoying ‘’The Cross-Chain Insider’’ — our weekly cross-chain newsletter that brings you the latest updates, and developments in the ecosystem, then you are going to dig this! Our two king gigabrain researchers, Arjun Chand and Mark Murdock hop on a podcast to dive deeper into the latest developments in the ecosystem — high quality TL;DR.
This past month we had our second interview of our Let’s Talk Cross-Chain interview series featuring our friends from Multichain. If you missed the episode, you could still view the recording from the link in the tweet below.
Research Galore! 🔎
Our researcher extraordinaire, Arjun Chand, continued to dish out the gold by writing this article on, ‘’With Bridges, Trust is a Spectrum’’
If you want to dive deeper into why we often talk about the need for bridges to be ‘trustless’ and ‘trust-minimized’ then I suggest you gib this a read 👇
Deep Dive — oh — deep dive
Powered by UMA protocol’s Optimistic Oracle, Across is the preeminent solution for bridging from Optimistic rollups to Ethereum Mainnet in a cheap, secure, and decentralized manner. Have a read of the deep dive the great researcher and biz dev pro Mark Murdock has written about Across Protocol here below 👇
In the past few weeks, we’ve seen major developments in the Layer 2 ecosystem. We’ve released a thread all about this! No need to FOMO — you can find it here 🎉
Tech Update:
It has been a busy month on the Tech side of things at LI.FI! We have so many exciting things to update you on! 🖥
A Paradigm Shift in Multi-Chain Transactions 👀
This past month a MASSIVE paradigm shift took place with Etherspot and LI.FI having made a massive breakthrough in the cross-chain user experience! With Etherspot’s SDK that is powered by LI.FIs cross-chain any-2-any swap functionality, users can now perform any action on any EVM compatible chain without worrying about changing their RPC network on MetaMask or where they have their funds!
Mind-blowing — we know!
The partnership between Etherspot and LI.FI lets users perform several cross-chain transactions at on the same dApp all at once without switching the network.
Now you can stake Klima on any EVM chain in the most mind-blowing and simplified way!
Thanks to the partnership between Etherspot and LI.FI , the process of staking Klima on any EVM chain has been drastically reduced from a 10 step process to a 3 step process! The entire process below only took 3:23 minutes —talk about a UX bump up!
Bear Market? Nah, fam. We’re Moonbeaming
Our LI.FI community was sent over the announcement about support for Moonbeam! Moonbeam is like a portal for Ethereum applications to live on Polkadot.
Users can swap any token from the plethora of chains we support to any token available on Moonbeam! 🌚
We constantly work on adding new features and integrations into LI.FI.
The number integrations continue to grow, with the latest integrations being Alps Finance, dataverse, with Avalanche, and Arbitrum.
https://twitter.com/lifiprotocol/status/1515966631129673729
We have also integrated some new chains: Fuse, Celo & Moonbeam
Check out our Thread about our new integrations 👇
— expect more exciting integrations to be on the way!
Community Update (🦎,🦎)
Lizard DAO Challenges 🏅
Our current Lizard-Fam members were tasked to do quality research on potential new partner project/DAO Discord servers, be involved in their community, and based on their research decide if the project will be good for 2-way integration.
This challenge contributed greatly towards the DAO and the integration efforts of LI.FI.
We are on the look out for the ultimate MEME’LORD and tasked our DAO with a challenge to show us what hidden meme powers they have received from the Lizard Gods above 🦎
Your opportunity to enter Lizard DAO this MAY
We know you have been experiencing some FOMO, and would love to be apart of our DAO! So with that being said, we have decided that we will be launching a new challenge to allow more members to become Lizard DAO members and join our gated-community.
Make sure you are either a server booster or are a beta tester because only these two roles will be eligible for entry to the challenge!
International Community Growth
It has been great to see how are LI.FI international communities have been growing and expanding!
I want to give a special shout-out to all our Persian, Indonesian, and Polish community members that have joined over the last month! We are so glad to have you a part of the mission and vision of LI.FI and love having your presence in the server!
New hires
We have hired Christian Haug as Head of Operations at LI.FI. Chris has an impressive background in tech and operations and will help take LI.FI to even greater heights with his rich skillset and experience. We are all looking forward to working with Chris!
TL;DR — We love you guys and hope you tell your friends about LI.FI too.
Coming Soon™!
New Articles / Interviews — More deep dives for bridges and DEXs we’re integrating. Additionally, we’ll also be working on interesting topics related to the multi-chain ecosystem as we continue building our Knowledge Hub.
Partnerships — New integrations and partnerships are being worked on around the clock by our biz-dev maestros, we will keep you posted as they go live.
Bridging funding round 👀 — more info on that coming soon, stay tuned!
Our Discord — reached over 5k+ members. We are going crazy. Please head to Discord.gg/lifi to join the community.
discord.gg/lifi
Our Twitter crossed a significant milestone of 13k members! Thank you to everyone who has given us a follow — Keep Swapping and Keep Supporting 😉
Till next time LI.FI fam!
By Jordan (Community Manager)
Get started with LI.FI today:
For more information about the LI.FI protocol,
Head to our link portal at https://links.li.fi/
Read our SDK ‘quick start’ at https://docs.li.fi/products/
Join the official Discord server
Follow our Telegram Newsletter
or try our any-2-any swaps NOW at transferto.xyz
LI.FI — Community Update #6 was originally published in LI.FI Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.