Layer One X is excited to announce a strategic partnership with Amplifi, a leader in cross-chain liquidity management. This collaboration aims to revolutionize the DeFi landscape by leveraging cutting-edge AI and machine learning algorithms to offer seamless, automated, and cost-effective yield generation across multiple EVM chains.
The Challenge in DeFi
The current DeFi ecosystem is fragmented, with 80% of DeFi TVL spread across nine EVM chains and over 70 unique protocols. This complexity makes it nearly impossible for users to maximize yield generation without incurring significant gas fees and spending extensive time managing assets.
Amplifi addresses these challenges with its innovative cross-chain liquidity management protocol. By integrating AI and machine learning, Amplifi dynamically rebalances assets in real-time across diverse chains and protocols, ensuring higher and more stable yields while mitigating risks.
Beyond DeFi, Amplifi extends its reach into the DePIN and RWA sectors, diversifying yield pools and providing users exposure to a multitude of assets within a single, user-friendly platform.
The Power of Partnership
This partnership will see the development of a multi-chain application utilizing Layer One X’s X-Talk technology, enabling seamless interoperability and optimization across chains.
Amplifi will benefit from Layer One X’s robust smart contract development and integration services, leveraging the L1X SDK for enhanced functionality.
What to Expect:
- Unified Liquidity Across Ecosystems: Amplifi will unify liquidity across EVM and non-EVM ecosystems through fully automated, AI-powered cross-chain strategies.
- Intuitive User Experience: Amplifi’s embedded wallet technology simplifies the complexities of DeFi, allowing users to earn in DeFi and RWA with ease.
- Cost Efficiency: By automating processes and removing gas fees, Amplifi ensures a low-cost experience for users.
The partnership between Amplifi and Layer One X is set to transform the DeFi landscape, making it more accessible, efficient, and rewarding for users.
Please stay tuned for more updates as we begin this exciting journey together.
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— LayerOneX (@LayerOneX) August 8, 2024
About Amplifi
Amplifi is building a cross-chain liquidity management protocol, to address the complex landscape where 80% of DeFi TVL spans across 9 EVM chains and over 70 unique protocols. In this intricate environment, maximising yield generation is almost impossible, often burdening users with over $100 annually in gas fees. Integrating seamlessly with protocols across the EVM ecosystem, Amplifi leverages cutting-edge AI and machine learning algorithms to dynamically rebalance assets in real time across diverse chains and protocols. This innovative approach not only ensures higher and more stable yields but also mitigates risks for users. Harnessing the power of machine learning to drive yield-generating strategies, Amplifi extends its reach into the DePIN and RWA sectors, diversifying yield pools and providing users exposure to a multitude of assets within a single, user-friendly platform.
Wbsite: https://amplifi.fi/
Twitter: https://x.com/Amplifi_Fi
About Layer One X
Layer One X is a groundbreaking blockchain designed to redefine digital infrastructure. Built for unmatched scalability, security, and sustainability, it empowers developers to create innovative decentralized applications that push boundaries. Our robust cross-chain interoperability X-talk infrastructure ensures seamless transactions, lightning-fast speeds, and unparalleled security for users and projects, all while being entirely decentralized.
Website: https://l1x.foundation/ and https://l1xapp.com/home
Twitter: https://x.com/LayerOneX
