Lif3 accelerates DeFi adoption and innovation with BitFinex listing

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27 Jan 2024
26

Today, LIF3 (pronounced Life), a ground-breaking and complete omni-chain DeFi Layer-1 Curated Blockchain ecosystem, announces its recent listing on Bitfinex, a premier digital asset trading platform, after recently migrating to the Ethereum Network from Fantom.
This announcement coincides with Lif3’s vision and commitment to breaking down barriers to cryptocurrency, enabling easier adoption for consumers entering DeFi, through the Lif3 Mobile App. Lif3 provides a platform for exclusive event access, on-ramping, investing, trading, earning, gaming, and off-ramping.
This announcement coincides with Lif3’s vision and commitment to breaking down barriers to cryptocurrency, enabling easier adoption for consumers entering DeFi, through the Lif3 Mobile App. Lif3 provides a platform for exclusive event access, on-ramping, investing, trading, earning, gaming, and off-ramping.

Bitfinex listing

The Bitfinex listing allows for professional traders to trade $LIF3 through a top tier exchange.
Deposits for LIF3 will commence on January 23, 2024, at approximately 1:30 PM UTC. Trading is scheduled to start on January 25, 2024, at approximately 3:30 PM UTC, with LIF3 being tradable against US Dollars (LIF3/USD) and Tether tokens (LIF3/USDt).
“The addition of LIF3 to our offerings is a significant step in our commitment to embracing innovative financial solutions. LIF3’s features include crypto swapping, yield farming, and a secure mobile wallet”, said Henry Child, Head of Tokens.. “This listing underscores our commitment to advancing the DeFi space with cutting-edge solutions,” he added.

Ethereum migration

The Lif3 protocol has recently migrated to Ethereum from Fantom Network. This move is not just a change of platform but a leap towards broader market accessibility and ease of trading of the LIF3 token. According to the team behind Lif3, the transition simplifies the purchasing process for users, enabling easier acquisition of LIF3, and paves the way for Lif3’s further expansion.
The migration to Ethereum also marks a new chapter in Lif3’s journey. It represents a move towards a platform with a more extensive user base, offering increased exposure and potentially higher transaction volumes. This shift is about harnessing the strengths of Ethereum’s ecosystem, providing Lif3 users with easier methods of acquiring $LIF3 and improved reliability, crucial for DeFi transactions.
“This Bitfinex listing in addition to the migration to Ethereum will expand Lif3.com and its market accessibility while enhancing efficiency in cryptocurrency transactions through consumer DeFi, unlocking more opportunities within the dynamic world of decentralised finance and beyond. We are not only excited for the recent migration to Ethereum, in addition to being available on Fantom, BNB Chain and Polygon - but also opening up a larger market and simplifying the purchase process for users, particularly in acquiring mainstream tokens like USDT and ETH”, says Kean Laurens, Head of Product.

Lif3 ecosystem

“The early stage of DeFi adoption presents unique challenges, including the complexity of swapping, staking, and bridging various chains. Recognizing Ethereum's widespread recognition and trust factor, Lif3 aims to reduce entry barriers and foster a smoother transition into its ecosystem. Lif3 was conceived with a clear mission to make DeFi interactions and investments seamless and safe, especially for newcomers. Our visionaries in the crypto realm identified a need to simplify the on-ramping process and offer a unified platform for various DeFi activities," emphasises Kean.

Lif3.com is also pleased to announce that Lif3 has teamed up with MetaNews and acquired an official licence by Krafton for the PUBG mobile tournament Super Cup, this falls in line with its vision to expand its reach and adoption with the esports user base. The competition will kick off on January 26 and is set to run until January 29, 2024.
The Lif3 ecosystem includes an architecture for esports which will bridge the gap from antiquated payment processors which cannot satisfy the need for micro-payments required for esports to operate in Web3 between amateur gamers, fans and their favourite esports organisations.

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