VOOI Partners with LI.FI to Elevate Cross-Chain Coverage
Today, VOOI is thrilled to announce the new exciting partnership with LI.FI — a multi-chain liquidity aggregation protocol — and the integration of LI.FI Widget to VOOI Trading App to cover the most sophisticated cross-chain needs of traders.
VOOI x LI.FI — The Context
While traders can seamlessly use their collateral in a most convenient way for them within the supported exchanges at VOOI, there may be a necessity for traders to convert the funds from one asset to another. Here’s where our integration of LI.FI steps in.
Known and used for its big coverage of blockchain networks and assets for “any-2-any” swaps, LI.FI stands as one of the leading gateways that aggregates exchange protocols and powers the bridge and swaps operations.
As a bridge and DEX aggregator, LI.FI routes any asset on any chain to the desired asset on the desired chain — now also within a VOOI Trading App.
The LI.FI widget is available in the Bridge Section at https://app.vooi.io/bridges!
The Impact of the Partnership
By integrating LI.FI Widget into VOOI Trading App, we expand the cross-chain coverage of asset exchange and eliminate the manual multi-step process of swapping tokens via third-party websites and applications. Now traders can bridge their funds seamlessly — right in our Trading App.
While the supported exchanges at VOOI allow trading on several blockchain networks, the type of collateral differs. This is an important activation for traders at VOOI that will allow them to get any desired token for the collateral to trade on DEXs via VOOI.
One of the LI.FI thesis is that the future is multi-chain. We share the same opinion, and that’s also why VOOI is dedicated to bring Phase 2 to the Mainnet as soon as it’s possible!
Important Links
- Learn more about LI.FI, its mission and how it handles cross-chain exchanges — link
- LI.FI Official Website
- VOOI Roadmap — Explaining Phase 1 and Phase 2
