Lif3.com collaborates with evmOS to deploy Lif3 Chain, the first DeFi contract L1 solution

Source: Decrypt

Compiled by Odaily Star Daily Wenser (@wenser2010)

Recently, Lif3.com, a full-chain DeFi Layer-1 ecosystem (which operates on blockchain networks such as Ethereum, Polygon, BNB Chain, and Fantom through LayerZero bridging), announced an important partnership with evmOS. The two will launch the first Layer-1 solution, Lif3 Chain, designed specifically for public permissionless use and smart contract deployment.

Lif3 X evmOS = The New Standard of the DeFi Industry

This collaboration is expected to set new standards for blockchain technology, DeFi security, and other fields, allowing developers to seamlessly, safely, and efficiently deploy smart contracts while maintaining the highest level of transparency and accessibility. The integration solution of evmOS helps to provide more technical opportunities for global developers and enterprises, marking another milestone in the development of decentralized applications.

Both sides have stated: serving developers and enterprises, creating L1 solutions in the DeFi field

Quantum FinTech Group's Managing Director, Harry Yeh, stated: "Our collaboration with evmOS marks a significant advancement in the blockchain industry. By introducing the world's first Layer-1 solution for public permissionless use and smart contract deployment, we enhance the security and efficiency of smart contract deployment and democratize access to this transformative technology, fundamentally changing the DeFi landscape as we know it. This collaboration demonstrates a commitment from both parties to drive industry innovation and support the development of the blockchain ecosystem, providing crucial tools for developers and relevant enterprises to propel the next generation of decentralized applications forward.

DeFi security has always been the top priority of the Lif3 project. Currently, there is no mature solution in the market to prevent malicious contracts, flash loans, rug pulls, contract frontrunning, and the deployment of valueless tokens. All permissionless blockchain networks are plagued with these issues, allowing countless malicious or garbage contracts to operate normally. False and valueless token contracts should also be consigned to the trash heap of history. I myself have experienced these problems and firmly believe that the future of DeFi lies in the change where carefully crafted smart contract deployments become the industry standard. We can envision a future where an app store for smart contract deployments emerges.

Lif3.com and Lif3 Wallet will target individuals interested in decentralized finance and blockchain. Lif3 is committed to continuous development and innovation, aspiring to become a leader in shaping the digital economy. As an all-in-one solution integrating deposit, investment, trading, gaming, online gambling, and withdrawal, the Lif3 mobile application will strive to achieve the ambitious vision of overcoming the obstacles that hinder the adoption of cryptocurrencies.

evmOS Chief Business Development Officer Daniel Burckhardt said, "LIF3, equipped with evmOS, is now compatible with the two most trusted blockchain ecosystems, IBC and EVM. We look forward to seeing LIF3 gradually expand the DeFi landscape and open new doors for users and developers."

The cooperation advantages between Lif3.com and evmOS

• The availability and efficiency advantages of the LIF3 Wallet: With the further support of evmOS for the vision of providing a simpler, safer, and more interactive user experience for Lif3, self-hosted wallet access becomes more convenient. EVM compatibility helps users seamlessly access consumer DeFi services through the Lif3 wallet downloaded from the App Store and Google Play, enjoying 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.
• Open and permissionless use: The EVM industry standard brought by evmOS democratizes access to blockchain technology, allowing anyone to interact with smart contracts.
• Lif3 Featured Smart Contract Deployment: Ensure high-quality smart contracts are deployed after review to enhance trust and reliability within the ecosystem.
• Innovative Layer-1 Solution: Introducing the world's first L1 blockchain designed specifically 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.
• Progress of Web3: Promoting the adoption and subsequent development of Web3 technology in various fields such as consumer DeFi, games, music, and entertainment.
• Support the blockchain ecosystem: by providing a powerful and versatile development platform, promoting innovation and rise within the blockchain community.

About the Lif3 Ecosystem

Lif3.com, with its full-chain DeFi ecosystem and carefully crafted Layer-1 blockchain, is revolutionizing the blockchain industry. Now, the ecosystem's pioneering partnership with evmOS has been further strengthened, and the two parties have launched the first publicly accessible, permissionless Layer-1 solution with curated smart contract deployment capabilities. The self-hosted Lif3 Wallet can be downloaded from the App Store and Google Play, empowering users by unleashing the potential of Web3 to transform the consumer experience in DeFi, gaming, online gambling, music, entertainment, and other fields.

LIF3 is currently listed on cryptocurrency exchanges such as Bitfinex, Bitmart, and MEXC.

About Quantum FinTech Group

Quantum FinTech Group was established in 2020 and is a private investment group focused on alternative assets, particularly the blockchain industry, in pursuit of effective returns.

About evmOS

evmOS is an interoperable EVM blockchain designed for cross-chain dApp development. With groundbreaking roadmap features such as Outposts and evmOS dApp Store, evmOS allows developers to leverage IBC and connect their smart contracts to the interchain ecosystem. The evmOS chain is built on evmOS and serves as its flagship demonstration 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 Cosmos SDK, evmOS is equipped with IBC and CometBFT, allowing projects to fully customize their on-chain logic and break free from the limitations of standard general-purpose smart contract platforms. Through continuous upgrades and maintenance, evmOS enables anyone to enjoy an excellent user experience on their EVM blockchain.