TL;DR — Diamond Protocol has integrated LI.FI’s SDK!
We are thrilled to announce that Diamond Protocol, a structured products protocol on Arbitrum has integrated LI.FI’s SDK! With the integration, Diamond users can bridge and swap assets across 15+ EVM-compatible chains supported by LI.FI without leaving the dApp.
What is Diamond Protocol?
Launched in early March, Diamond Protocol is a modular vault protocol where DeFi strategists can build on-chain structured products to earn a sustainable yield on crypto assets. One of their main products, Unibot is a leveraged liquidity provision platform built on top of Uniswap v3. It allows users to earn stable lending interest with zero market volatility risk and gives them the ability to create long/short positions on ETH to profit from both liquidity provision and market movement.
Diamond protocol’s main goal is to provide users with a source of sustainable yield with minimum risk. In the future, they look to integrate with GMX, the largest perpetual DEX on Arbitrum to allow users to earn greater yields. Additionally, they will launch Auto-vaults to lower the barrier of entry for retail users by creating a “set & forget” LP feature.
What is LI.FI?
LI.FI is the best abstraction and aggregation solution on the market. LI.FI has aggregated 10+ bridges across 15+ EVM-compatible chains, along with all DEX aggregators and DEXs on those chains.
In the simplest terms, LI.FI is like 1inch & Paraswap for bridges. We find the best route among bridges & DEXs to move funds from one chain to another. In addition, since many bridges support a limited amount of tokens, we have DEXes on both sides of the bridges to swap before and after the bridge, simplifying any-2-any swaps across chains.
Our SDK is the ultimate cross-chain money lego for dApps to build on top of:
- We’ve integrated multiple fallback bridges + DEXs so that you don’t have to
- We maintain bridges + DEXs so that you don’t have to
- We choose the best bridges based on our research so that you don’t have to (positioning ourselves neutral)
For some examples of how LI.FI works, check out:
- Alchemix — SDK integration
- Perpetual Protocol — SDK integration
- Superfluid — SDK integration
LI.FI x Diamond
We are ecstatic to partner with Diamond Protocol to abstract away the difficulties of the multi-chain world. With the integration of LI.FI, users may seamlessly bridge and swap tokens from 15+ chains onto Arbitrum, without leaving the dApp.
We are excited to see Diamond join the LI.FI family! We are excited to see who will integrate our SDK next.
To learn more about Diamond, check out their…
Get Started With LI.FI Today
For more information about the LI.FI protocol,
- Head to our link portal at link3.to/lifi
- Read our SDK ‘quick start’ at docs.li.fi
- Join the official Discord server
- Follow our Telegram Newsletter
- Follow us on Twitter & LinkedIn
- Subscribe on our Substack
or try our any-2-any swaps NOW at transferto.xyz
Disclaimer: This article is only meant for informational purposes. The projects mentioned in the article are our partners, but we encourage you to do your due diligence before using or buying tokens of any protocol mentioned. This is not financial advice.
