With a strong belief that no single blockchain will dominate in the future, integrations that drive interoperability are at the heart of Fuse’s strategy. Fuse is committed to enabling developers to easily deploy DeFi products with cross-chain functionality; that is why we are forging partnerships with the best companies in the industry.

The DeFi industry is growing because users see the need to perform financial operations like lending, borrowing and staking without a central authority. According to DeFi Llama, the total money locked in various DeFi protocols is around $98 billion and will likely increase in the next few years.

A Multichain Swapping and Bridging Gateway

LI.FI supports multiple chains, including Ethereum, Optimism, Cronos, Binance Smart Chain (BSC), Polygon, Celo and Avalanche. LI.FI also integrates multiple bridges, including Hop, cBridge, Avalanche, and Artitrum. LI.FI smoothly connects to major DEX, including Ox, Sushi, 1inch, ParaSwap, SuchiSwap and PancakeSwap.

The major problem facing DeFi developers building cross-chain decentralized applications (dApps) is integrating all the various bridges into them but with LI.FI, you don’t need to learn all the complexities of those bridges. LI.FI maintains all bridge connections for developers and handles feedback and decision-making. LI.FI also connects DEXs directly to enable cheap and fast swapping.

LI.FI’s API/Contract comes with SDK and iFrame solutions, so developers can easily integrate swaps into their applications. A website widget is also available for developers to plug directly into their website, enabling swapping on their website. Finally, the transferto.xyz portal is a general consumer-facing interface allowing anyone to bridge or swap assets via LI.FI.

How Fuse integrates Li.Fi

LI.FI has now extended full support to the Fuse Network blockchain. Fuse users will be able to transfer or swap tokens across all LI.FI-supported chains. LI.FI will route transactions through multiple DEX and bridges, offering users a choice among paths that are the most efficient and cost-effective.

Moreover, projects building on or integrated with Fuse can now use LI.FI’s SDK to integrate cross-chain transfer and swapping functionality directly into their dApps. LIFI Integrates Fuse Network, Examples of Fuse-supporting projects that have already plugged in LI.FI’s SDK are bridge and DEX aggregator Rubic and the AlphaWallet mobile app.

About LiFi

LI.FI is an advanced bridge and decentralized exchange (DEX) aggregator that offers users a broad range of asset transfer and swapping options across a range of major chains. LI.FI offers on-chain swaps, cross-chain swaps, and a combination of both.

Website | Twitter

About Fuse

Fuse is the leading decentralized finance (DeFi) project led by bold change-makers who truly believe that the future of money is non-custodial.

Website | Twitter

RESOURCES

https://medium.com/fusenet/fuse-reinstates-its-commitment-to-interoperability-through-integration-with-li-fi-34919d6bf79f

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