WeFi
15.5.2023 15:27:42 CEST | ACCESS Newswire | Press release
TORTOLA, BVI / ACCESSWIRE / May 15, 2023 / WeFi has announced its integration with LayerZero, a blockchain interoperability solution. This integration enables WeFi to launch $WEFI as an omnichain token and unlocks seamless connectivity for the $WEFI token across several chains.
By launching $WEFI with LayerZero's omnichain fungible token (OFT) standard, $WEFI holders can now seamlessly and easily move $WEFI across Etherium, Polygon, Arbitrum and Bnb without ever leaving the WeFi interface with a 1:1 ratio. The OFT standard makes $WeFI a true multichain token.
Deep Liquidity with WeFI X LayerZero Integration
Interoperability is one of the key superpowers of blockchain technology. However, earlier blockchains tended to be strong internally but limited externally. As a result, siloed blockchains limit communication and transferability among on-chain assets and information.
LayerZero provides the framework for scalable, secure, and decentralized cross-chain interoperability. By connecting various chains to one platform and interface, multi-chain applications may communicate conveniently, transfer digital assets, and reach a consensus.
The benefits of WeFi's integration with LayerZero are evident. Through seamless connectivity between all chains, users can move their tokens between blockchains without undergoing complicated and time-consuming procedures.
WeFi's integration with LayerZero is an early opportunity to quickly scale use cases and development. This integration allows our native tokens to directly communicate with each other across chains using LayerZero's transport layer without the security risks or UX compromises of middle-chain consensus or wrapped asset smart contracts.
With WeFi's LayerZero integration, all existing WeFi liquidity pools are now unified - ensuring deep liquidity for users on all supported chains.
The integration of WeFi with LayerZero is an exciting development in the world of DeFi. It demonstrates the importance of blockchain interoperability and the potential for innovative applications that can be created through seamless connectivity across different chains.
With the LayerZero integration, users can enjoy secure, fast, and reliable cross-chain communication, enabling them to easily move their assets across different blockchains.
As the DeFi space continues to evolve, it is clear that solutions like LayerZero will play a critical role in enabling the creation of new and innovative applications that can drive the growth and adoption of decentralized finance.
About LayerZero
LayerZero is an omnichain interoperability protocol that enables decentralized applications (dApps) to be built across multiple blockchains in a trustless and efficient manner. LayerZero connects dApps across chains with on-chain Ultra Light Nodes, which combine the security of a light node with the efficiency of a medium chain. Developers can use the protocol to transform their dapps into omnichannel applications with a single, simple interface.
For more information, visit:
Twitter | Medium | Telegram | Discord l Website
About WeFi:
WeFi is a DeFi infrastructure company that is revolutionizing the crypto investment landscape with its innovative leveraged vaults. The first product, Investment Loan Protocol, is currently live on Polygon for limited alpha users, allowing them to make down payments of just 20% to buy or short crypto assets. In the upcoming upgrade, users can also stake and yield farm these leveraged positions, earning higher returns. The protocol also provides opportunities for liquidity providers to earn attractive APYs by securely providing liquidity in multiple pools.
Stay up to date with WeFi's exciting developments by joining our community on:
Twitter l Discord l Medium l Website
Media Contact:
Nirmal Rathore
nirmal@paxo.finance
SOURCE: WeFi
View source version on accesswire.com:
https://www.accesswire.com/754847/WeFi-Integrates-with-LayerZero-to-Launch-Omnichain-Token-WEFI
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Loar Holdings Inc. Announces Date and Time for First Quarter 2026 Earnings and Conference Call17.4.2026 15:15:00 CEST | Press release
WHITE PLAINS, NY / ACCESS Newswire / April 17, 2026 / Loar Holdings Inc. (NYSE:LOAR), will report Q1 2026 earnings before the market opens on Thursday, May 7, 2026. A conference call will follow at 10:30a.m., Eastern Time. To participate in the call telephonically please dial +1 877-407-0670/+1 215-268-9902. International participants can find a list of toll-free numbers here. A live audio webcast will also be available at the following link as well as through the Investor section of Loar Holdings website; https://ir.loargroup.com The webcast will be archived and available for replay later in the day. About Loar Holdings Inc. Loar Holdings Inc. is a diversified manufacturer and supplier of niche aerospace and defense components that are essential for today's aircraft and aerospace and defense systems. Loar has established relationships across leading aerospace and defense original equipment manufacturers and Tier Ones worldwide. Contact: Ian McKillop Loar Holdings Inc. Investor Relatio
Loar Holdings Inc. Announces Date and Time for First Quarter 2026 Earnings and Conference Call17.4.2026 15:15:00 CEST | Press release
WHITE PLAINS, NY / ACCESS Newswire / April 17, 2026 / Loar Holdings Inc. (NYSE:LOAR), will report Q1 2026 earnings before the market opens on Thursday, May 7, 2026. A conference call will follow at 10:30a.m., Eastern Time. To participate in the call telephonically please dial +1 877-407-0670/+1 215-268-9902. International participants can find a list of toll-free numbers here. A live audio webcast will also be available at the following link as well as through the Investor section of Loar Holdings website; https://ir.loargroup.com The webcast will be archived and available for replay later in the day. About Loar Holdings Inc. Loar Holdings Inc. is a diversified manufacturer and supplier of niche aerospace and defense components that are essential for today's aircraft and aerospace and defense systems. Loar has established relationships across leading aerospace and defense original equipment manufacturers and Tier Ones worldwide. Contact: Ian McKillop Loar Holdings Inc. Investor Relatio
Karbon-X Launches SkyXero, a New App for Flight Emissions Tracking as Travelers Seek Trusted Climate Solutions17.4.2026 15:00:00 CEST | Press release
New mobile app enables real-time flight emissions tracking and access to verified climate projects worldwide, launching during Earth Month. CALGARY, AB / ACCESS Newswire / April 17, 2026 / Karbon-X Corp. (OTCQX:KARX) ("Karbon-X" or the "Company"), a vertically integrated climate solutions provider operating across compliance and voluntary carbon markets, today announced the launch of SkyXero, a new mobile application that enables travelers to measure and balance the emissions of their flights in a few taps. Launching during Earth Month, a period of heightened global focus on environmental impact, SkyXero is now available globally and is designed to meet the growing demand from travelers seeking practical, trusted ways to incorporate climate considerations into their travel decisions. SkyXero allows users to enter flight details, instantly calculate associated emissions, and contribute to a curated portfolio of high-integrity, third-party verified climate projects, including those certi
Karbon-X Launches SkyXero, a New App for Flight Emissions Tracking as Travelers Seek Trusted Climate Solutions17.4.2026 15:00:00 CEST | Press release
New mobile app enables real-time flight emissions tracking and access to verified climate projects worldwide, launching during Earth Month. CALGARY, AB / ACCESS Newswire / April 17, 2026 / Karbon-X Corp. (OTCQX:KARX) ("Karbon-X" or the "Company"), a vertically integrated climate solutions provider operating across compliance and voluntary carbon markets, today announced the launch of SkyXero, a new mobile application that enables travelers to measure and balance the emissions of their flights in a few taps. Launching during Earth Month, a period of heightened global focus on environmental impact, SkyXero is now available globally and is designed to meet the growing demand from travelers seeking practical, trusted ways to incorporate climate considerations into their travel decisions. SkyXero allows users to enter flight details, instantly calculate associated emissions, and contribute to a curated portfolio of high-integrity, third-party verified climate projects, including those certi
Maxon Announces Free Tools and Mobile Expansion of ZBrush and Cinema 4D16.4.2026 16:55:00 CEST | Press release
Cinema 4D brings professional 3D workflows to iPad. The return of Autograph - now free for individual users. ZBrush expands to Windows on Arm. See it all at NAB 2026. BAD HOMBURG, GERMANY / ACCESS Newswire / April 16, 2026 / Maxon, a leading developer of powerful and intuitive 2D and 3D software and complete graphic design workflows, today announced a major step forward in its mission to make professional creative tools more accessible to artists everywhere. With the debut of Cinema 4D on iPad, the return of the Autograph motion graphics application, and the expansion of Maxon tools to Windows on Arm (WoA) tablet devices, Maxon is lowering the barrier to entry while empowering artists to work where they want, how they want. Visitors to NAB 2026 can see it all at the Maxon booth (N2741). Professional Tools, Broader Access As demand for 3D and motion content accelerates across social media, streaming, gaming, and immersive media, creators are seeking flexible and affordable entry points
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom