Important updates from the core team 🦎
Welcome back to our monthly LI.FI Update, the seventeenth edition! 👋
We designed these updates to inform you about these latest integrations, numbers, hires, partnerships, and anything noteworthy in the day-to-day operations — aka the juicy alpha from the core team!
In this article you will find:
- LI.FI Recap: What happened in the past month
- Dev Update
- Community Update
LI.FI Recap: What Happened Last Month❓
LI.FI Raises $17.5M in Series A Round 🥁
This round was co-led by crypto-native investment firms CoinFund and Superscrypt.
Our series A raise will assist us in executing our long-term strategy, which aims to bring more users to Web3 by enabling tokens and orders to trade across any chain in a seamless way.
Philipp Zentner was interviewed by Coindesk about the raise. Read what our founder had to say here below:
https://www.coindesk.com/business/2023/04/03/crypto-startup-lifi-raises-175m-in-funding-round/
Bridge Insurance: The Ultimate Safety Net for Bridging 🔐
LI.FI and InsurAce have joined forces to introduce Bridge Insurance, crypto’s first production-ready product designed to safeguard users against the risks associated with bridging transactions.
In collaboration with InsurAce, LI.FI is launching Bridge Insurance, a powerful tool that allows us to bridge the gap between security and convenience.
Bridge Insurance addresses the risks associated with using cross-chain bridges by providing 100% protection for users against the risks of losing funds while using these platforms.
In other words, it is time to say hello to stress-free bridging!
Read our article on bridge insurance below:
https://blog.li.fi/bridge-insurance-the-ultimate-safety-net-for-bridging-6958cc175bf6
Over $1 Billion in Volume 📊
LI.FI has reached over $1B+ in transaction volume. We are looking forward to continuing to provide developers with the tools they need to power their cross-chain vision for their protocols & dApps 🔨
New Integrations & Partnerships ⚙️
2. LI.FI x Boba Network
6. LI.FI x Stably 7. LI.FI x Nilla
Dev Update 👷♂️👷♀️
Besides all the integrations listed above, our devs have been working hard over the past month to improve existing features and to bring you, users, some new features too! 🤝
- Optimized our Back-end
- Improved transaction routing
- Jumper UI improvements
- Refined route cards
- 14 New Languages on Jumper FE
- New wallet Menu on Jumper UI
Marketing Mania! 🎉
Philipp Zentner talks LI.FI Series A with BTC-ECHO ⚡️
In this talk, Philipp Zentner discussed our recent Series A & shared insights on LI.FI’s mission 🥁
Twitter Space & Discord Stage Galore 👏
This past month we’ve hosted Discord stages and Twitter Spaces with many partners & projects. It’s been great seeing thousands of our community members tune in this past month! 🦎
Twitter Space with Hacken & Coinchange 🥁
Let’s Talk Cross-Chain w/Spool 🎙️
Let’s Talk Cross-Chain w/Satin 🥁
Wax x LI.FI — What are Money Legos? 🧱
Ecosystem overviews + Deep Dive 🔎
Crypto Aggregation Theory Pt.1💡
The case for aggregation in crypto (and specifically in the bridge industry) is layered and requires background information on a variety of interlinked topics — to the point that a two-part article was necessary.
In part one, we will define the relationship between crypto and “aggregation theory’’
A must-read — have a read for yourself below 📖
https://blog.li.fi/crypto-aggregation-theory-ft-bridges-51df54e75d65
Why Multi-chain, Why now ❓
This article is written to compare and contrast why and how developers and/or users should utilize different types of chains being built, including EVM chains, smart contract networks built on zk tech, application-specific blockchains, and non-EVM blockchains.
Give Why Multi-Chain, Why Now below 📖
https://blog.li.fi/why-multi-chain-why-now-a7302abab64d
Explaining Subnets to Grandma 👵
https://lifi.substack.com/p/explaining-subnets-to-grandma
5 Stats to Prove It’s Time to Go Multi-Chain
https://lifi.substack.com/p/5-stats-that-prove-its-time-to-go
Tanken: Automating Wallet Refills for a Seamless Crypto Experience
https://lifi.substack.com/p/tanken-automating-wallet-refills
Succinct Marries zkSNARKs and Light Clients. Here’s How 💡
https://lifi.substack.com/p/succinct-marries-zksnarks-and-light
Community Update (🦎,🦎)
LI.FI Twitter 100k+ Followers
Our community keeps on growing and expanding & it’s been really great to welcome new frens to our community 👋
We look forward to welcoming new users to our community as we continue
Jumper Twitter 100K+ Followers
We’re pleased to see this community of bridgoors grow the way it has grown over the past two months 👏
Jumper 101 Credential 💡
The Jumper 101 credential showcases your understanding and knowledge of Jumper & all it’s features.
Why Multi-Chain, Why Now Credential ⛓️
LI.FI x Satin GALXE campaign 🎮
Layer 3 Campaign ⚡️
Our new Guild role for this month is the Jumper OG role.
We’ve given this role to all the users who had early access to Jumper and bridged during the beta tester phase
Coming 😉Soon™
New Articles / Interviews — More deep dives for bridges and DEXs we’re integrating. Additionally, we’ll also be working on interesting topics related to the multi-chain ecosystem as we continue building our Knowledge Hub.
Partnerships — New integrations and partnerships are being worked on around the clock by our biz-dev maestros, we will keep you posted as they go live.
Our Discord — reached over 70K+ members. We are going crazy. Please head to Discord.gg/lifi to join the community.
Till next time LI.FI fam!
By Jordan Neary (Community Lead)
…Get started with LI.FI today:
For more information about the LI.FI protocol,
- Head to our link portal at https://link3.to/lifi
- Read our SDK ‘quick start’ at https://docs.li.fi/products/
- Join the official Discord server
- Subscribe to our newsletter on Substack
- Follow our Telegram Newsletter
- Follow us on Twitter & LinkedIn
or try our any-2-any swaps NOW at jumper.exchange
