Lif3 Accelerates DeFi Adoption and Innovation with BitFinex Listing

<p>Today,
$LIF3 (pronounced Life), a ground-breaking and complete omni-chain DeFi
Layer-1 Curated Blockchain ecosystem, announces its recent listing on Bitfinex,
a premier digital asset trading platform, after recently migrating to the
Ethereum Network from Fantom. </p><p>This
announcement coincides with Lif3’s vision and commitment to breaking down
barriers to cryptocurrency, enabling easier adoption for consumers entering
DeFi, through the Lif3 Mobile App. Lif3 provides a platform for exclusive event
access, on-ramping, investing, trading, earning, gaming, and off-ramping.</p><p>This
announcement coincides with Lif3’s vision and commitment to breaking down
barriers to cryptocurrency, enabling easier adoption for consumers entering
DeFi, through the Lif3 Mobile App. Lif3 provides a platform for exclusive event
access, on-ramping, investing, trading, earning, gaming, and off-ramping.</p><p>Bitfinex Listing</p><p>The
Bitfinex listing allows for professional traders to trade $LIF3 through a top
tier exchange. Deposits for LIF3 will commence on January 23, 2024, at
approximately 1:30 PM UTC. Trading is scheduled to start on January 25, 2024,
at approximately 3:30 PM UTC, with LIF3 being tradable against US Dollars
(LIF3/USD) and Tether tokens (LIF3/USDt).</p><p>“The
addition of LIF3 to our offerings is a significant step in our commitment to
embracing innovative financial solutions. LIF3’s features include crypto
swapping, yield farming, and a secure mobile wallet”, said Henry Child, Head of
Tokens. “This listing underscores our commitment to advancing the DeFi space
with cutting-edge solutions,” he added.</p><p>Ethereum Migration</p><p>The Lif3
protocol has recently migrated to Ethereum from Fantom Network. This move is
not just a change of platform but a leap towards broader market accessibility
and ease of trading of the $LIF3 token. According to the team behind Lif3, the
transition simplifies the purchasing process for users, enabling easier
acquisition of LIF3, and paves the way for Lif3’s further expansion.</p><p>The
migration to Ethereum also marks a new chapter in Lif3’s journey. It represents
a move towards a platform with a more extensive user base, offering increased
exposure and potentially higher transaction volumes. This shift is about
harnessing the strengths of Ethereum’s ecosystem, providing Lif3 users with
easier methods of acquiring $LIF3 and improved reliability, crucial for DeFi
transactions.</p><p>“This
Bitfinex listing in addition to the migration to Ethereum will expand Lif3.com
and its market accessibility while enhancing efficiency in cryptocurrency
transactions through consumer DeFi, unlocking more opportunities within the
dynamic world of decentralised finance and beyond. We are not only excited for
the recent migration to Ethereum, in addition to being available on Fantom, BNB
Chain and Polygon – but also opening up a larger market and simplifying the
purchase process for users, particularly in acquiring mainstream tokens like
USDT and ETH”, says Kean Laurens, Head of Product. </p><p>“The
early stage of DeFi adoption presents unique challenges, including the
complexity of swapping, staking, and bridging various chains. Recognizing
Ethereum's widespread recognition and trust factor, Lif3 aims to reduce entry
barriers and foster a smoother transition into its ecosystem. Lif3 was
conceived with a clear mission to make DeFi interactions and investments
seamless and safe, especially for newcomers. Our visionaries in the crypto
realm identified a need to simplify the on-ramping process and offer a unified
platform for various DeFi activities," emphasises Kean.</p><p>Lif3 Ecosystem</p><p>Lif3 (https://lif3.com)
is a complete, omni-chain DeFi ecosystem, Curated Layer-1 blockchain, and a
self-custody wallet available on the App Store and Google Play – unlocking the
potential of Web3 through consumer DeFi, iGaming and the Entertainment Sectors.</p><p>Now
available on multiple blockchains: Ethereum, Polygon, BNB Chain, and Fantom –
Lif3 offers a comprehensive suite of DeFi products that transcends beyond a
mere platform and an entire curated ecosystem. </p><p>The ease
of use for consumer DeFi, broader market accessibility and adoption are some of
the key missions for Lif3. Through the use of a consumer focused and easy to
use DeFi wallet, this results in a heightened efficiency in cryptocurrency
transactions, signifying a quantum leap for both Lif3 and the future of digital
finance in the Web3 space.</p><p>“As an
investor and Lif3 enthusiast, I am thrilled Lif3 is officially listed on
Bitfinex, a renowned platform that shares Lif3’s commitment to innovation and
excellence in addition to the Layer Zero partnership, in supporting the
migration to the Ethereum Network. This listing signifies a crucial quantum
leap in providing increased visibility and accessibility to a broader audience
of investors and other Web3 enthusiasts alike, for a more seamless experience
in using blockchain. As the Lif3 ecosystem continues to advance its mission in
reshaping the future of finance, this announcement is poised to catalyse
further growth and innovation,” says Harry Yeh, Managing Director of Quantum
Fintech Group.</p><p>Esports Tournament </p><p>Lif3.com
is also pleased to announce that Lif3 has teamed up with MetaNews and acquired
an official licence by Krafton for the PUBG mobile tournament Super Cup, this
falls in line with its vision to expand its reach and adoption with the esports
user base. The competition will kick off on January 26 and is set to run until
January 29, 2024. </p><p>The Lif3
ecosystem includes an architecture for esports which will bridge the gap from
antiquated payment processors which cannot satisfy the need for micro-payments
required for esports to operate in Web3 between amateur gamers, fans, and their
favourite esports organisations.</p><p>About
LIF3.com</p><p>Lif3.com
is a complete, omni-chain DeFi ecosystem, Curated Layer-1 blockchain, and a
self-custody wallet available on the App Store and Google Play – unlocking the
potential of Web3 through consumer DeFi, iGaming and the Entertainment Sectors.</p><p>About
Bitfinex</p><p>Founded
in 2012, Bitfinex is a digital token trading platform offering
state-of-the-art services for traders and global liquidity providers. In
addition to a suite of advanced trading features and charting tools, Bitfinex
provides access to peer-to-peer financing, an OTC market and margin trading for
a wide selection of digital tokens. Bitfinex’s strategy focuses on providing
unparalleled support, tools, and innovation for experienced traders and
liquidity providers around the world. </p><p>About
LayerZero Labs</p><p>LayerZero
Labs is the
team that launched the leading blockchain messaging protocol LayerZero.
LayerZero's advanced messaging infrastructure seamlessly connects over 30
blockchains and facilitates transparent and secure cross-chain messaging from
one easy-to-use interface. Since going live in March 2022, the LayerZero
protocol has processed more than 20 million messages with thousands of mainnet
contracts being deployed by thousands of developer teams. Backed by leading
venture capital firms including a16z, Sequoia, Binance Labs, Christie's,
Lightspeed, Opensea, Bond, Samsung Next, and GBV, LayerZero was recently valued
at $3 billion. Developers building on LayerZero can create interoperable,
omnichain dApps, which will lead to the establishment of a unified digital asset
ecosystem. </p>

This article was written by FL Contributors at www.forexlive.com.