Folks Finance Integrate LI.FI to Enable Seamless Cross-Chain Swaps

We’re excited to announce that xChain, a decentralized finance platform that offers seamless cross-chain lending and borrowing services, has integrated LI.FI! This integration allows xChain users to seamlessly perform cross-chain and same-chain swaps across 4 leading chains and L2s, including Ethereum, Avalanche, Binance Smart Chain and Base.

By leveraging LI.FI’s advanced aggregation stack of 32 DEXs, DEX aggregators, and Solvers (Uniswap, 1inch, 0x, Odos, Enso, + others) the user is guaranteed to find the best price to swap their assets.

Additionally, LI.FI’s 18 integrated bridges, such as Across, Stargate v2, THORChain, Symbiosis, Circle CCTP, and Allbridge ensure the seamless flow of funds across various chains.

We’re thrilled to partner with Folk Finance's xChain to make the cross-chain universe simple for anyone to use.

Try xChain here.

What Is xChain?

Folks Finance's xChain App is a decentralized finance (DeFi) platform that offers seamless cross-chain lending and borrowing services. Utilizing a hub-and-spoke architecture, the protocol provides efficient and user-friendly access to liquidity across multiple blockchains.

xLending

The initial product of the protocol is xLending, which enhances capital efficiency and user experience for crosschain lending markets through a hub-and-spoke model. This allows for seamless interactions across multiple blockchain networks.

Benefits of Hub and Spoke Model

• Capital Efficiency: All liquidity is available irrespective of which chain the user is on, maximizing capital efficiency.

• User Convenience: Users can interact with the protocol from their favorite wallet and familiar chains, lowering the barriers to entry.

• Cross-Chain Collateralization: Users can use funds deposited on one chain as collateral to borrow on another, enhancing the flexibility and usability of the protocol.

To learn more about xChain check out their:

• Website

• X

• Docs

• Discord

What Is LI.FI?

LI.FI is a middleware solution connecting 27 EVM chains and Solana via 18 bridges, 22 DEXs, 8 DEX aggregators, 2 Solver networks (and growing).

LI.FI’s product portfolio features sophisticated white-label B2B solutions that not only allow same-/cross-chain swapping capabilities but also grant arbitrary contract calls for the implementation of advanced cross-chain strategies such as yield aggregation, LP-zapping, NFT purchasing, and many more. We believe Web3 needs to be made available not only for the next billion users but also for the next million developers to build on it.

Our SDK is the ultimate cross-chain money lego for dApps to build on top of or plug into themselves.

• 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:

• MetaMask Bridges - API Integration

• Superfluid - Widget Integration

• Alchemix - SDK Integration

Get Started With LI.FI Today

Enjoyed reading our research? To learn more about us:

• Head to our link portal at link3.to
• Read our SDK ‘quick start’ at docs.li.fi
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• Follow us on X & LinkedIn

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.