Original source: Decrypt
Compiled by: Odaily Planet Daily Wenser (@wenser2010)
Recently, Lif3.com, a full-chain DeFi Layer-1 ecosystem (which runs on blockchain networks such as Ethereum, Polygon, BNB Chain and Fantom through LayerZero bridges), announced an important partnership with evmOS. The two will launch Lif3 Chain, the first Layer-1 solution designed for public permissionless use and smart contract deployment.
Lif3 X evmOS = New Standard for DeFi Industry
This collaboration is expected to set new standards in blockchain technology, DeFi security, and more, allowing developers to deploy smart contracts seamlessly, securely, and efficiently while maintaining the highest levels of transparency and accessibility. The integration of evmOS will help provide more technological opportunities for developers and enterprises around the world, marking another milestone in the development of decentralized applications.
Both parties stated: Serving developers and enterprises and creating L1 solutions in the DeFi field
Harry Yeh, Managing Director of Quantum FinTech Group, said: “Our collaboration with evmOS marks a critical advancement for the blockchain industry. By introducing the world’s first Layer-1 solution for public permissionless use and smart contract deployment, we are enhancing the security and efficiency of smart contract deployment and democratizing access to this transformative technology to revolutionize the DeFi space as we know it. This collaboration demonstrates both parties’ commitment to driving industry innovation and supporting the development of the blockchain ecosystem, and will provide developers and related enterprises with the important tools needed to drive the next generation of decentralized applications forward.
DeFi security has always been a top priority for the Lif3 project. There is no proven solution on the market to prevent malicious contracts, flash loans, runaway contracts, front-running contracts, and worthless token deployments. These problems exist on all permissionless blockchain networks, and countless malicious or junk contracts have been running on them. Fake and worthless token contracts should also be swept into the dustbin of history. I have experienced these problems myself, and I firmly believe that the future of DeFi is built on the change that carefully crafted smart contract deployment becomes the industry standard. We can imagine that there will be an app store for smart contract deployment in the future. "
Lif3.com and the Lif3 Wallet will target those interested in the future of decentralized finance and blockchain. Lif3 will adhere to its commitment to continuous development and innovation, and aspire to be a leader in shaping the digital economy. As a one-stop solution integrating deposits, investments, trading, games, online gambling and withdrawals, the Lif3 mobile app will strive to achieve this grand vision of breaking through the barriers to cryptocurrency adoption.
Daniel Burckhardt, Chief Business Development Officer at evmOS, said, “LIF3 with evmOS is now compatible with two of the most trusted blockchain ecosystems, IBC and EVM. We look forward to seeing LIF3 expand the DeFi landscape and open new doors for users and developers.”
Advantages of the cooperation between Lif3.com and evmOS
Usability and efficiency benefits of LIF3 wallets: Self-hosted wallet access is now more convenient as evmOS further supports Lif3’s vision of providing a simpler, more secure and interactive user experience. EVM compatibility helps users seamlessly access consumer DeFi services through Lif3 wallets downloaded from the App Store and Google Play, and enjoy secure and convenient access to digital assets.
Enhanced security: evmOS provides a secure technical environment for smart contract deployment, reducing the risks associated with unauthorized access.
Public and permissionless use: The EVM industry standard brought by evmOS democratizes access to blockchain technology, allowing anyone to interact with smart contracts.
Lif3 Selected Smart Contract Deployment: Ensures that high-quality smart contracts are deployed after review to enhance trust and reliability within the ecosystem.
Innovative Layer-1 Solutions: Launched the world’s first L1 blockchain designed for public, permissionless access, setting a new industry standard.
Full-chain DeFi ecosystem: Based on Lif3.com's full-chain DeFi products, seamless integration across multiple blockchain networks is achieved.
Empowering developers and businesses: Providing them with advanced tools and infrastructure to facilitate the creation and deployment of the next generation of decentralized applications.
Web3 Advancement: Driving adoption and subsequent development of Web3 technologies across multiple sectors including consumer DeFi, gaming, music, and entertainment.
Supporting the blockchain ecosystem: Fostering innovation and growth within the blockchain community by providing a powerful and versatile development platform.
About Lif3 Ecosystem
Lif3.com is revolutionizing the blockchain industry with its full-chain DeFi ecosystem and carefully crafted Layer-1 blockchain. Now, the ecosystem is further strengthened by its groundbreaking partnership with evmOS, launching the first publicly permissionless Layer-1 solution with select smart contract deployment capabilities. The self-hosted Lif3 wallet is available for download on the App Store and Google Play, empowering users by unlocking the potential of Web3 and changing the consumer experience in DeFi, gaming, online gambling, music, entertainment and more.
LIF3 is currently listed on cryptocurrency exchanges such as Bitfinex, Bitmart and MEXC.
About Quantum FinTech Group
Founded in 2020, Quantum FinTech Group is a private investment group focused on seeking efficient returns from investments in the alternative asset space, particularly the blockchain industry.
About evmOS
evmOS is an interoperable EVM blockchain designed for cross-chain dApp development. With groundbreaking roadmap features like Outposts and the evmOS dApp Store, evmOS allows developers to leverage IBC and connect their smart contracts to the inter-chain ecosystem. evmOS Chain is built on evmOS and serves as its flagship demo product.
In addition, evmOS is a modular solution in a production-ready state, designed to leverage the advantages of EVM compatibility and empower Web3 enterprises. Built with the Cosmos SDK, evmOS is equipped with IBC and CometBFT, allowing projects to fully customize their on-chain logic and break through the limitations of standard general-purpose smart contract platforms. Through continuous upgrades and maintenance, evmOS enables anyone to enjoy an excellent user experience on its EVM blockchain.
