Avault Integrates LIFI’s SDK

xyla — Thu, 09 Feb 2023 04:15:51 +0000

Avault Integrates LIFI’s SDK, Users can now seamlessly bridge and swap assets across 16 EVM-compatible chains and Layer-2s without having to leave the platform.

LI.FI Powers cross-chain bridging and swapping inside Avault. As Avault Integrates LIFI’s SDK

How to Join

Complete all the quests below and verify on Galxe:

Follow Arbitrum on Twitter
Follow Avault on Twitter
Follow LI.FI on Twitter
RT the event announcement
Deposit at least $10 of asset into Arbitrum Stargate from other chains via Avault

Note: Avault will take a snapshot every day, so make sure you keep your position during the snapshot

Closing Thoughts

This integration would not have been possible without the generous grant provided by Optimism.

Optimism is a layer 2 solution for Ethereum that enables faster, cheaper, and more scalable transactions. It uses Optimistic Rollup technology to aggregate transactions off-chain, allowing for higher transaction throughput and lower fees. This makes it ideal for applications that require high scalability and low cost. Optimism also provides a secure and reliable layer of security, ensuring the integrity of users’ assets and data. Overall, Optimism is a valuable addition to the Ethereum ecosystem, providing the necessary infrastructure for the growth and adoption of decentralized applications.

About Avault

Avault is the ultimate omnichain yield platform powered by LayerZero, their goal is to lower the barrier to entry for users to use web 3 dApps. With Avault users only need to hold one asset on one chain supported by the protocol to interact with DeFi applications on other chains, abstracting away the technicals of the complex cross-chain world.

Website | Twitter

About LI.FI

The most advanced bridge and DEX aggregator with smart routing capabilities to find the best route to move any asset on any chain, to another asset on another chain. We have added support for 13 bridges across 15+ EVM-compatible chains, along with all DEX aggregators & DEXs on those chains, into a single solution that is available as an SDK, widget, or API.

Website | Twitter

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The post Avault Integrates LIFI’s SDK appeared first on Smart Liquidity Research.

Avault Integrated With Stargate

Ana Marie — Sat, 19 Nov 2022 12:10:22 +0000

Avault integrated with Stargate: Realizing Omnichain Yield With One-click

Avault has integrated with Stargate to build the first omnichain yield platform, lowering the threshold for users to use Web 3.0 DeFi Dapps.

This integration allows Avault to synchronous cross-chain of Stargate assets and signatures, and creates a cross-chain contract wallet. Our realization of omnichain interoperability will simplify the process of cross-chain transactions and asset engagement for all users across the platform.

Avault: The First Omnichain Yield Platform

Avault a one-stop omnichain yield platform that aims to lower the threshold for users to use Web 3.0 DeFi Dapps. Avault’s users only need to hold one asset on one chain supported by Avault to interact with DeFi applications on other chains, truly realizing cross-chain compounding, staking, lending, etc with one click.

At present, most Defi projects require users to finish the cross-chain by themselves. Avault will help users to achieve a one-click cross-chain without preparing target-chain assets and wallet. To make users’ investment behaviors simple and easy to operate, they only need to choose the chain and dapp they want to go to, and they don’t need to consider the steps behind the cross-chain and switch between different networks and pages, realizing senseless cross-chain operation.

For instance, before Avault came out, users that wanted to gain the yield on chain B’s dapp from chain A had no choice but to struggle through some horrible experiences like:

Convoluted 20+ click multi-transaction bridging procedures
Bouncing between multiple UIs to do a single swap
Taking on counter-party risk by holding third-party wrapped tokens
Juggling gas fees from two chains, in two tokens, on two token standards

Integrating with Stargate, Avault Could Help Users Realizing Omnichain Yield With One-click.

Users could have:

Gas fees for source and destination chain paid up front in one transaction
Single-click transactions that perform multiple actions (swap>bridge>swap)
Transactions that are guaranteed to arrive on the target chain with the best path
Gaining Omnichain Yield

About Avault

Avault a one-stop omnichain yield platform that aims to lower the threshold for users to use Web 3.0 DeFi Dapps. Users who hold one asset on one chain will be able to interact with Dapps on other chains in one click to complete cross-chain compounding, staking, lending, and public sale.

Website｜Twitter |

About Stargate

Stargate a fully composable liquidity transport protocol that lives at the heart of Omnichain DeFi. With Stargate, users & dApps can transfer native assets cross-chain while accessing the protocol’s unified liquidity pools with instant guaranteed finality.

Website| Twitter |

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