Symbiosis

<h2 id="header-0">Context</h2><p>Around a week ago Symbiosis was integrated by LI.FI - one of the best-performing cross-chain liquidity aggregator - to enable more transfer and swap routes. This is an ultimate event for both Symbiosis and LI.FI aimed at broadening the DeFi further.</p><p></p><h2 id="header-1">What Impact Does It Bring?</h2><p>As LI.FI now utilises Symbiosis API to aggregate available swap and bridge, the ecosystem partners of LI.FI will get more competitive swap and exchange fees, perform cross-chain swaps of native assets via “any-to-any” routes as well as activate new emerging Layer 2 networks and make new blockchains available.</p><p></p><h2 id="header-2">Cooperation Framework</h2><p>With a combination of on-chain and off-chain parts of the Symbiosis Protocols, the swaps and asset transfer are done in a sophisticated and safe way. This ensures that the Symbiosis bridges that are utilised by LI.FI remain non-custodial and secure.</p><h2 id="header-3"><br />More to Review</h2><p>Here&#39;s a full explanation of the impact that the integration has on the DeFi ecosystem as well as the explanation of the cooperation and why it strengthens not only the LI.FI&#39;s but also Symbiosis&#39; ecosystem!<br /></p><p>Read the full piece in the Symbiosis blog: <a href="https://symbiosis.finance/blog/li-fi-integrates-symbiosis-everything-you-need-to-know" rel="noopener noreferrer nofollow">https://symbiosis.finance/blog/li-fi-integrates-symbiosis-everything-you-need-to-know</a></p><p></p>

Symbiosis Integration at LI.FI - All You Need To Know

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nickavramov

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