Crypto Startup LI.FI Spins Up Bridge, DEX Aggregator

The CEO, Philipp Zentner, stated that the platform for retail investors operates with a noncustodial setup.

LI.FI, a crypto trading aggregator, has launched a token bridge and decentralized exchange aggregator that aims to decrease the cost of transferring crypto assets between chains, according to the startup's founder.

[{"selector":"#anim-d3c78460-df7c-4906-aa96-5b1927de94b2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.90624987200394%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Arrow

[{"selector":"#anim-4b334914-058f-4d49-be4f-de199f8f1ea4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.019538054900504%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Jumper.exchange is a platform that scans multiple trading venues to find the most efficient and speedy path for swapping tokens and blockchains Arrow

[{"selector":"#anim-12a13400-f149-4905-bcf7-676c181cdce7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-21.82504423400882%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] while also connecting to various Ethereum Virtual Machine ecosystems and intending to expand further, according to CEO Philipp Zentner. Arrow

LI.FI's founder, Philipp Zentner, believes that current bridge and DEX aggregators have poor user experiences, which is why LI.FI's noncustodial platform vets bridges and DEXs to ensure their safety and offers a better user journey.

[{"selector":"#anim-efa0ceef-1f4c-4c53-a374-a2e0087eddbd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-11.552526362446901%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Arrow

[{"selector":"#anim-251f6e41-4420-44e5-9277-19552f5bfbb1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.812499744007886%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Zentner stated that the platform eliminates the research overhead required to navigate the many bridges and DEX aggregators currently available by vetting them for safety, trust assumptions, and attack vectors. Arrow

[{"selector":"#anim-1bc20b60-9c46-4f79-bf70-30a883447da2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-21.874999829338588%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Users can avoid the difficulty of comprehending the unique features of each bridging project, allowing them to make informed decisions about their investments. Arrow

[{"selector":"#anim-80d287ad-fbdf-44ef-b0c6-e1e4c563ef53 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Zentner said LI.FI does not charge a fee for retail users. “We are first and foremost a B2B company,” he said, explaining LI.FI provides APIs to other companies. The new retail-facing bridge and swap aggregator is free, he said. An API allows a third party to use a standard programming call to access data on a given platform. Arrow

Hope you people found the story informative. For more such interesting stuff, click on the link given below

[{"selector":"#anim-fcc82765-9f1a-4016-a06a-4fe3dd330e58 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.90624987200394%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Arrow SWIPE UP