With the potential of Web3 continuing to prove to be more than capable of what it’s currently being used for, companies have thrived to bring the technology to the mainstream. Earlier today, ThirdFi announced the launch of a Web3 infrastructure aimed at onboarding billions of users in the next 10 years.
ThirdFi is a decentralized finance (DeFi) based project aimed at building Web3 infrastructure protocols that focuses on multi-chain interoperability and middleware solutions with all-in-1 API.
Details On ThirdFi’s Newly Launched Web3 Infrastructure
With several of DeFi projects shying away from adoption due to compliance and regulators’ keen interest in regulating the industry, the adoption of the ecosystem has slowed down over the past year.
According to ThirdFi in the announcement, it is dedicated to building better infrastructure and middleware that aims to be compliant and scalable to boost the adoption of DeFi further. So far, ThirdFi has explored several blockchains in the DeFi market to achieve its goal.
The Web3 infrastructure developer has launched its API products on several blockchain networks such as Polygon, Ethereum, BNB Chain, Arbitrum, Avalanche, and Optimism. It has also integrated with various DeFi protocols including Sushiswap, Uniswap, Aave, Pancakeswap, Quickswap, and TraderJoe among others.
Furthermore, ThirdFi has expressed a keener interest in playing a big role in the DeFi ecosystem. According to Yeshu Agarwal, Co-Founder & CTO at Transak, by “making it easier for the developers to build and scale easily, ThirdFi is solving the biggest problem in DeFi today.’
ThirdFi has obtained 3rd party integration in its ecosystem with crypto on-off ramps – Transak, smart contract crypto wallet, and other solutions. As part of its future plans, ThirdFi noted it will launch more solutions over the next months.
The solutions include multi-chain DEX swap, price swap aggregator, yield earning via liquidity pools, decentralized derivatives trading on exchanges via its backed all-in-1 API, and many more. While onboarding early adopters and alpha builders, the Web3 infrastructure developer said its also inviting Web3 builders such as developers, Web3 protocols, and crypto startups to help foster the partnerships and integrations for its ecosystem.
