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
The Market Has Spoken: BridgeLink Surpasses 10,000 Downloads, Solidifying Status as the Global Standard for Open-Source Health Interoperability27.1.2026 18:35:00 CET | Press release
MONTGOMERY, AL / ACCESS Newswire / January 27, 2026 / Innovar Healthcare today announced that BridgeLink, the open-source integration engine, has surpassed 10,000 enterprise downloads, a milestone that signals a decisive shift in the healthcare IT landscape. Following the market shift toward restrictive proprietary licensing for the industry's legacy engine, the healthcare community has decisively moved to BridgeLink as the premier open-source replacement. This rapid adoption-achieved in less than a year since its March 2025 launch-confirms that healthcare organizations are prioritizing strategic resilience and technical transparency over vendor lock-in. BridgeLink is no longer just an alternative; it has become the operational standard for hospitals, Digital Health, Health Information Exchanges (HIEs), and laboratories worldwide seeking to secure their interoperability infrastructure. "The volume of downloads we are seeing represents a 'Great Migration' in health tech," said Loyd Bitt
Symetrix Unveils Cognio: The Next-Generation Audio, Video, and Control Platform27.1.2026 14:15:00 CET | Press release
With breakthrough distributed architecture and wire-free design workflows, Cognio redefines how AV systems are designed, deployed, and operated; see it for the first time at ISE 2026 SEATTLE, WA / ACCESS Newswire / January 27, 2026 / Symetrix, a global leader in high-performance AV processing, control, and monitoring solutions, today announced the launch of Cognio™, a brand-new software-driven Audio, Video, and Control (AVC) ecosystem designed to dramatically simplify system design, accelerate deployment, and deliver more flexible, scalable AV experiences. Cognio will make its official public debut at Integrated Systems Europe (ISE) 2026 in Barcelona, where attendees can experience an entirely new approach to deploying Audio, Video, and Control solutions at the Symetrix booth (5M390). Cognio represents a fundamental rethinking of how AV systems are built, combining distributed intelligence with code-free control into a single platform powered by DesignOps, the patented software that un
U.S. Polo Assn. Celebrates a Landmark Debut as the Official Jersey and Apparel Partner of the 41st Snow Polo World Cup St. Moritz27.1.2026 13:00:00 CET | Press release
Standing Rock Claims Victory Over Flexjet in a Thrilling Final Showdown WEST PALM BEACH, FL AND ST. MORITZ, SWITZERLAND / ACCESS Newswire / January 27, 2026 / U.S. Polo Assn., the official sports brand of the United States Polo Association (USPA), celebrated its inaugural year as the Official Jersey and Apparel Partner of the 41st Snow Polo World Cup St. Moritz. The legendary three-day competition and record-breaking lifestyle event took place on the iconic frozen Lake St. Moritz in Switzerland's Engadin Valley and featured world-class competition, alpine elegance, fan activations, VIP experiences, and global sport celebration. More than 2,400 tons of infrastructure were installed directly onto the frozen lake of St. Moritz for this one-of-a-kind event. After two days and eight games of preliminaries, on Sunday, Jan. 25, Standing Rock prevailed over Flexjet in a close 6 - 4.5 victory.1. The intensity was high in the final Snow Polo World Cup game, with Standing Rock ultimately prevaili
AM Positions for Next Phase of Global Growth: Kelly McAndrew to Chairman; Dave Watrous to CEO27.1.2026 07:00:00 CET | Press release
AUSTIN, TX / ACCESS Newswire / January 27, 2026 / For over 21 years, Kelly McAndrew has served as Chief Executive Officer (CEO), playing a pivotal role in shaping AM Technical Solutions (AM) culture and strategic direction, enabling exceptional results. Kelly now transitions into the role of Chairman of the Board. As Chairman, Kelly will focus on investments and partnerships to further enhance the company's solution offerings. Dave Watrous will succeed Kelly as Chief Executive Officer. AM has worked closely with Dave for more than six years in the roles of customer and partner. His faith, integrity, leadership qualities, and strong industry expertise make him the ideal choice for this role. With a distinguished 30-year career in High-Technology industries, Dave brings extensive capabilities in delivering multi-billion-dollar Engineering, Procurement, Construction, Commissioning, and Validation projects worldwide. As CEO, Dave will focus on leading growth, accelerating opportunities, en
Richter Extends Its Support to Africa - The First Year of the House of Hope in Bamako in Numbers26.1.2026 14:00:00 CET | Press release
The First Year of the House of Hope in Bamako in Numbers BUDAPEST, HU / ACCESS Newswire / January 26, 2026 / Nearly one year has passed since the House of Hope centre, established by Richter Gedeon Plc., began providing shelter and comprehensive support to women in Bamako. During this period, almost 120 women and girls have benefited from healthcare, legal aid and education. Interest in the centre remains strong, with new women continuously joining the programme. In the coming years, the initiative aims to reach several hundred vulnerable women across different regions of Mali. Why Was the House of Hope Established? The centre was created through the collaboration of Richter Gedeon Plc. (Richter), the Hungary-based Close to Africa Foundation, and the local Sini Sanuman Foundation. Its mission is to provide safety and professional support to women fleeing violence and abuse through gynaecological care, psychological and legal counselling, and educational programmes. The building was des
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