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
Caldwell Strengthens Human Resources Practice with Addition of Ali Palmer as Partner17.9.2026 14:50:00 CEST | Press release
TORONTO, ON AND LONDON, UK / ACCESS Newswire / September 17, 2026 / Retained executive search firm Caldwell (TSX:CWL)(OTCQX:CWLPF) today announced the addition of Ali Palmer as a Partner in the firm's Human Resources Practice. Based in London, Palmer advises boards, chief executive officers and chief people officers on the recruitment of senior human resources leaders, helping organizations build leadership teams that enable growth, transformation and long-term performance. Ali Palmer, Partner in Caldwell's Human Resources Practice. With more than 20 years of executive search and leadership advisory experience, Palmer partners with listed companies, private equity-backed businesses and privately held organizations across a broad range of sectors, with particular expertise in consumer, retail, industrial, financial services, pharmaceutical and technology. She leads executive search assignments across the full human resources function, from chief people officers and chief human resources
Freedom Holding Corp. Backs the FIDE World Championship Match 2026 as General Partner17.9.2026 14:00:00 CEST | Press release
NEW YORK CITY, NY / ACCESS Newswire / September 17, 2026 / Freedom Holding Corp. (NASDAQ:FRHC) is the General Partner of the Salesforce FIDE World Championship Match 2026, the International Chess Federation (FIDE) and Freedom announced today. General Partner is the highest partnership tier of the World Championship. The Match runs from 22 November to 12 December. The Opening Ceremony takes place on 22 November at the Palais des Nations in Geneva. World Champion Gukesh Dommaraju of India defends his title against Javokhir Sindarov of Uzbekistan over 14 classical games. Both players will be twenty at the start of the Match, the youngest title contest since the series began in 1886. Freedom has been a strategic partner of FIDE since 2023. The group is a regular sponsor of the FIDE World Rapid and Blitz Championships and was the title sponsor of the 2024 FIDE World Corporate Chess Championship in New York. Under a 2026 cooperation agreement, Freedom also funds FIDE tournaments, training ce
Bayer to Present How it Rebuilt Global Planning with OMP at Gartner Supply Chain Planning Summit 202617.9.2026 13:52:00 CEST | Press release
ANTWERPEN, BE / ACCESS Newswire / September 17, 2026 / OMP, a leading provider of supply chain planning solutions, invites attendees of the Gartner Supply Chain Planning Summit 2026 in London to its joint session with multinational Bayer. Representatives of the Pharmaceutical division and the global IT department will show what it took to rebuild global planning around faster, higher-quality decisions, how Unison Planning™ supports that at scale, and where AI fits in. Rebuilding planning at Bayer's scale Bayer treated its move to Unison Planning™ as more than a system replacement, rebuilding processes, master data, and ways of working across its global manufacturing and affiliate network. During their Gartner session, Mirja Meyer, Principal Product Manager and Program Lead IT at Bayer, and Karsten Hahm, Program Lead OMP Implementation at Bayer Pharmaceuticals, will cover:What adoption actually tookWhat changed in decision speed and qualityWhere AI fits on the roadmap ahead Sign up for
U.S. Polo Assn. Celebrates New Partnership with the Historic Greenwich Polo Club at the 2026 East Coast Open Presented by Audi17.9.2026 13:00:00 CEST | Press release
WEST PALM BEACH, FL / ACCESS Newswire / September 17, 2026 / U.S. Polo Assn.®, the official sports brand of the United States Polo Association (USPA), celebrated the conclusion of the 2026 East Coast Open Presented by Audi, held August 30 through September 13 at the renowned Greenwich Polo Club in Greenwich, Connecticut, a celebrated polo destination just outside New York City. As the only high-goal tournament on the East Coast during the summer season, the historic championship once again brought together elite international competition for the sport of polo. 2026 East Coast Open Presented by Audi Winners, IGEA, celebrating with tournament trophy. Photo Credit: Greenwich Polo Club The 2026 season also marked a significant milestone as U.S. Polo Assn. served as the Official Apparel Brand Sponsor of Greenwich Polo Club for the first time. The new partnership connected one of the world's most recognized sports brands with one of polo's most iconic venues, further strengthening the brand'
GA-ASI Mojave First UAS To Complete Battlefield Short Field Ops16.9.2026 19:30:00 CEST | Press release
Short Takeoff and Landing Aircraft Validates Austere Field Capabilities SAN DIEGO, CA / ACCESS Newswire / September 16, 2026 / General Atomics Aeronautical Systems (GA-ASI) and Hanwha Aerospace have completed the first-ever flight operations from a simulated battlefield by a medium altitude, long endurance uncrewed aircraft. The partners proved that the Mojave Short Takeoff and Landing aircraft, or Mojave STOL, could land at a tank and artillery live-fire range during simulated combat conditions and then take off again to continue the mission. "This demonstration showcased Mojave's ability to perform tactical missions that are representative of real battlefield requirements and challenges," said GA-ASI CEO Linden Blue. "Whether the user needs contested and austere battlefield operations, ISR, weapons delivery, Air-Launched Effects deployment, troop resupply, counter-UAS, or missions requiring short and unimproved roads for takeoff, our aircraft answer the bell." "This demonstration mar
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