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
GA-ASI Partnering With Spirit Defense For FQ-42 CCA Production23.10.2026 18:00:00 CEST | Press release
SAN DIEGO, CA / ACCESS Newswire / October 23, 2026 / General Atomics Aeronautical Systems, Inc. (GA-ASI), the world leader in Uncrewed Aircraft Systems (UAS), today is announcing our partnership with Spirit Defense, a Boeing Company, to support airframe production of the new FQ-42 Vengeance Collaborative Combat Aircraft (CCA). In June, GA-ASI won a contract from the U.S. Air Force (USAF) to produce FQ-42. Spirit Defense's role as a fuselage design-build partner brings together the company's engineering and advanced manufacturing capabilities to support the program from design through production. GA-ASI has been the sole manufacturer of its line of UAS - which includes MQ-9A Reaper®, MQ-1C Gray Eagle®, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian - since the company's inception in 1992. For the FQ-42 program, partnering with Spirit Defense is a strength multiplier for the company and the nation, offering manufacturing capacity and industrial depth to scale CCA production faster, w
Study Finds Lower Rates of Overweight Among Vegan-Fed Cats23.10.2026 16:45:00 CEST | Press release
LONDON, UK / ACCESS Newswire / October 23, 2026 / A large-scale survey published in Frontiers in Animal Science has found cats fed vegan diets had lower rates of obesity and related health problems, than those fed conventional meat-based diets. An online survey analysed carer-reported veterinary assessments of 1,305 cats fed either conventional meat-based (90%) or vegan (10%) diets for at least one year. After accounting for factors including age, sex, neuter status, activity and feeding practices, vegan-fed cats had 34% lower odds of being assessed as overweight. However, the difference was not statistically significant, in part reflecting the relatively small number of vegan-fed cats. For several body weight-related problems, no vegan-fed cats were affected. Nevertheless, researchers say the findings show an interesting trend that warrants further investigation. Overweight and obesity are common in domestic cats, with veterinary studies estimating that around 30-60% of cats are overw
Leggett Dynamics's Mid-Class Massage System Wins Gasgoo's Best Technical Practice Award23.10.2026 16:00:00 CEST | Press release
SHANGHAI, CHINA / ACCESS Newswire / October 23, 2026 / Leggett Dynamics today announced that its Mid-Class Massage System (MCM) received Gasgoo's Best Technical Practice Award during a ceremony held at the 14th annual Automotive & Environment Innovation Forum in Shanghai. The Gasgoo Best Technical Practice Award honors automotive technologies that have proven innovation, production readiness and measurable customer value in real-world vehicle applications. The judging panel cited MCM's innovation that achieves affordable, premium-level comfort for mid-class vehicle programs. About Leggett Dynamics' Mid-Class Massage System Leggett Dynamics' MCM is a comfort innovation that expands premium massage technology beyond the luxury vehicle segment. Already in serial production with a leading global OEM and generating strong interest from multiple global automakers, the innovation delivers a premium massage experience while reducing system cost and complexity through the intelligent use of pre
New Global Initiative Seeks to Modernize Health Workforce Mobility22.10.2026 17:00:00 CEST | Press release
PHILADELPHIA, PA, TORONTO, ON AND GRONINGEN, NETHERLANDS / ACCESS Newswire / October 22, 2026 / TruMerit® and Centennial College, with support of the Groningen Declaration Network (GDN Network), have unveiled a new vision for the future of global health workforce mobility, introducing a framework designed to help health professionals carry trusted, verifiable records of their qualifications and competencies across borders. The initiative is detailed in a newly published paper titled "Toward a Global Digital Credential Mobility Ecosystem for Migrating Health Professionals." As healthcare systems worldwide face persistent workforce shortages, internationally educated health professionals often encounter lengthy, duplicative, and inconsistent credential recognition processes that can delay entry into practice. The paper proposes a new approach centered on a Global Competency Record (GCR). This portable digital record could securely bring together verified evidence of a professional's educ
P&G, Nestlé, Mars, AstraZeneca, ITC and Bekaert win OMP Supply Chain Awards22.10.2026 15:00:00 CEST | Press release
ANTWERPEN, BE / ACCESS Newswire / October 22, 2026 / OMP, a leader in AI-powered supply chain solutions, recently honored six global brands at its conferences held earlier this month in Singapore and Shanghai. The recognized companies - Procter & Gamble (P&G), Nestlé, Mars, AstraZeneca, ITC, and Bekaert - were celebrated for driving decision velocity, co-innovation, and impactful business results. Supply Chain Innovation & Excellence Award: Nestlé and Bekaert Nestlé, one of the world's largest food and beverage companies, and Bekaert, a global market and technology leader in material science of steel wire transformation and coating technologies, received OMP's Supply Chain Innovation & Excellence award for their breadth of deployment and depth of co-innovation.Nestlé aligns its supply network at the strategic, tactical, and operational levels on OMP's Unison Planning™ platform, connecting forecasting, planning, and replenishment end-to-end. As more routine work becomes touchless, plann
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