Lend Finance announces exclusive integration with Layerzero
Lend Finance announces exclusive integration with Layerzero
User can use the Ultra Light Nodes (Ulns) from Layerzero to give assets over every blockchain.
The cross-chain credit protocol Lend Finance has announced an exclusive integration with the Omnicin Interoperability platform Layerzero.
The layerzero team said in a Blog entry light cross-chain-messaging is due. The original plan was to start Lend with the cross-chain protocol router MultiChain, the platform, which recently announced that it would hire her operation.
as Coinjournal reported last week, MultiChain said that the unhappy decision had occurred to conclude the company after events had led to the team lacking money and access to important servers. According to reports, the founder and CEO of MultiChain and his sister in China were arrested.
lend, layerzero to optimize cross -chain lending
in his announcement on Tuesday, July 18, Lend Finance said that the partnership " will bring new possibilities in the complex area of cross -chain lending ."
In particular, Lend will use the ulnar Light Nodes (Ulns) from Layerzero to make it easy and inexpensive to its users.
exciting news! 🎉 @Lend_finance is proud to announce our integration with @Layerzero_labs !
Your groundbreaking Omnicin interior operability protocol lifts the cross-chain lending to a whole new level!
/1 🧵👇 pic.twitter.com/7gmq8bpj0a
- lend.finance (@lend_finance) 18. July 2023
According to Lend Finance, integration enables its users to lend and lend assets in every chain. Users can also switch to the cheapest tariffs with just one click. Functionality will increase the efficiency of the lending and credit process process, with ecosystem users receiving the additional advantage of maximized defect revenue.
borrower, for example, can use Layerzero's Ulns for cross -chain news and receive immediate access to liquidity in every chain with a single click function. The total advantage of this is the optimized lending process that is also associated with security controls.
Source: Coinlist.me
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