Since our last raise, I’ve been getting many requests to help with fundraising. I summed up all my early-stage fundraising advice in a long post. But here are the takeaways. However, whoever is in this situation right now, I recommend reading the whole thing - twice. I go into…
Super proud of the team. What fast paced two years this have been. Thanks a lot for all the support we received along the way. I’m so much looking forward to the next years, with all of you.
After a year of dedicated engineering effort, we are very excited to launch in-wallet cross-chain swaps for Solana in partnership with Phantom! 💪
Solana is the first non-EVM chain we’re adding to our product portfolio and I couldn’t be more proud of this feat. Onwards! 👏
Bridging to
@solana
should be as simple as swapping.
And now, it is.
With our new Cross-Chain Swapper, you can bridge tokens across Ethereum and Solana right in Phantom.
The ongoing discussion on
@Uniswap
's forum is critical for the multi-chain ecosystem in 2023.
TL;DR: Uniswap's model for x-chain governance will likely become industry standard.
As an unbiased member of the community,
@lifiprotocol
is rooting for a multi-bridge implementation👇
What I see: Bridge builders & bridge aggregators trying to do it all: Offering a bridge, a widget, integrating horizontally (e.g., with DEXs), marketing their B2C interface (while it should just be a showcase) - addressing everyone and no one. Zero technical superiority.
I’m the co-founder and CEO of
@lifiprotocol
- a bridge aggregator with DEX connectivity, powering seamless any-2-any cross-chain swaps and cross-chain strategies. .
If you‘re a bridge builder, this is for you, read this thread: 🧵
Absolutely incredible to reflect on
@lifiprotocol
's journey over the past 2+ years.
We've come a long way, from laying out our thesis for the multi-chain ecosystem and explaining the importance of cross-chain technology, to now being selected for MasterCard's prestigious…
We’re simplifying how we talk about blockchain. Our network is connecting ecosystems across the digital assets ecosystem to power new and relevant solutions to make the industry accessible for all. Learn more:
Start Path Blockchain and Digital Assets…
We'll free up more dedicated resources for
@JumperExchange
to give it more room to grow. It has improved tremendously since we launched it at the beginning of last year, but there is room for more.
The quality-improving roadmap is the only one we've been able to pursue so far…
still perceived as a bridge aggregator whereby we’ve been a multi-chain liquidity aggregator all along. All the DEX aggregators (1inch, 0x, Paraswap, OpenOcean, Odos), 30 DEXs directly and even solver systems for same chain swaps are available out of the…
The first two years, was solely focusing on DeFi. Fast sales cycles, getting feedback, reaching a certain stage of product maturity, and some numbers to show.
Pre-Series A, we said we're ready to target CeDeFi, TradFi, and established players with…
I'm convinced that we could see thousands of Rollups, thanks to Rollup frameworks and RaaS platforms.
But here's my major concern: How will these chains be made searchable and easily accessible for Wallets?
What will the UX look like? Is it truly the ideal UX if users have to…
@vpabundance
@pedrouid
Bridges are iterating fast. There is < 2 min bridging by now.
@lifiprotocol
is aggregating them and there is a new user interface coming up
@pxxhtxpkeh
which can help you finding those. Until then try
>30.000 followers after ~1 year of extensive work. We really try to be a value-add to the interoperability space and help educate users on cross-chain bridges.
The core drivers:
@arjunnchand
@mark_murdock3
@zord4n
@0xJord4n
@0xAkshay
- proud! Great job.
People burn out constantly, and like with depressive people, you won't notice because they won't speak up unless you give them a safe space for it.
It's really important as a company to have frequent check-ins. Let them come in prepared, answering basic questions on how they…
🥁 Presenting Jumper: Crypto's Everything Exchange 🔥
Swap any token. From here to anywhere. Jumper will find you a route and get you there, as it:
— maintains 15+ bridges
— routes through 30+ DEXs
— supports 20+ chains
Everything is easier with Jumper! Try it out now 👏
At
@lifiprotocol
, we do know that it's gonna be a marathon. That's why we also talk about health. So I'll share our list of collected resources to improve one of the essential pillars for healthy living: sleep. U probably need it the most, anon fren.
A thread on sleep: 0/11 🧵
@vaibhavchellani
@BungeeExchange
You have been copying us from day 1 (docs, website, product, marketing), shitting on us on CT from day 1 - despite efforts to align and work together. After months of work you tell me we’d have copied anything just because you see the same information displayed? You’re just toxic
The way has progressed from a small team to a small company with all it takes to build a scalable organization that allows us to serve enterprise clients, makes me proud. There is a lot to come in 2024.
🥁 Presenting Jumper: Crypto's Everything Exchange 🔥
Swap any token. From here to anywhere. Jumper will find you a route and get you there, as it:
— maintains 15+ bridges
— routes through 30+ DEXs
— supports 20+ chains
Everything is easier with Jumper! Try it out now 👏
@naval
I disagree. Sounds like a „if you build it they’ll come“ attitude. Even the best product has to to be sold. You have to have conversations, which at some point you want to scale. You then start putting actions in categories like sales and marketing.
This is already the case.
@lifiprotocol
is implemented in > 13 wallets.
By the end of this year 7/10 largest wallets in the space will have integrated for swapping and/or bridging.
With
@phantom
we recently moved across EVM to Solana as first non-EVM…
Here is what L2’s would look like if they scaled Ethereum.
Wallets show you your assets on all chains.
Bridges and swaps are built into wallets so users can seamlessly move between chains.
If eth people want to see that in action today, try Keplr on Cosmos
We've been waiting a bit to get it out. Over the past year have been able to get so many smart, thought- and helpful minds on board for which I'm super grateful.
Roughly 100 angels and funds participated in two consecutive rounds of funding, which we're announcing today.
Proposal for
@LidoFinance
DAO: Implementing Multi Message Aggregation with xERC20 Standard on BNB Chain.
We commend the efforts of
@axelarnetwork
and
@wormholecrypto
for putting together a proposal that follows a collaborative approach.
We're proposing that
@LidoFinance
…
Minted a Pooly NFT to support
@PoolTogether_
’s lawsuit.
Builders support builders and I respect the hell out of the DeFi pioneers at PT.
I and the whole
@lifiprotocol
team stand behind PT at this time.
Of course, we've been and still are watching the intent space carefully. Here's a first, data-driven take on all this.
In the meanwhile, has started to aggregate solving systems like
@odosprotocol
@EnsoFinance
@PropellerSwap
We do plan to expand…
Many believe the intent-based design is the next frontier for bridging.
But, every design has its trade-offs.
What are the trade-offs in intent-based bridges?
We take a closer like with our friends at Anera Labs 👇
CCTP enables cheap and fast cross-chain USDC transfers between EVM <> Solana.
This will be a huge unlock for the Solana ecosystem 🙌
@lifiprotocol
is excited to be working closely with Circle and will be launching on Solana shortly! 🤝
Big announcements are on the horizon.…
1/ This year's
#Breakpoint2023
will be one to remember because Cross-Chain Transfer Protocol (
#CCTP
) is now available on devnet for
@Solana
!
Save the date as we'll be showcasing devnet demos from several special guests live at the Circle Lounge.
Learn more about CCTP 👇
It's gonna be fast, light-weight, mobile-friendly, multi-language, dark/light/auto-mode, 20 networks, all your wallets, custom destination addresses, gas on destination chain, and so much more... I really look forward to launching this - and it's just the beginning.
🚨 Attention all degens, farmoors, and interns 🚨
It’s time for your bridging experience to change forever.
Jump on the hype train and join our whitelist 🔥
Members get beta access to our interface + the opportunity to earn rewards for feedback.
🔗
@AlexSmirnov__
You fail to listen Alex. I told you, multiple times, that it has been ~two years ago. I also told you that the one partner of probably the only one I spoke about this. But you keep on insisting we would „spread“ misinformation. This is you, not us.
Whatsmore: We compare bridge…
Our newest partner for ETHIndia '22 is here —
@lifiprotocol
🪅
It's a bridge aggregation protocol with DEX connectivity and cross-chain data messaging capabilities to drives users' multi-chain strategies 🤗
Get on board if you haven't already — 🛠
Communicative skills in the first place: Responsiveness, respecting my time, transparency and the feedback they give etc - which implies they’re able to maintain good relationships with others as well.
Having done DD with
@variantfund
in the past, I can highly recommend them.
Question for web3 builders 🔵
When you’re choosing a VC to partner with, which qualities should you optimize for, considering you’re going to be working with them for multiple years?
3 independent audits within 9 months to really understand our attack vectors and be on top of security.
That was a lot of additional overhead for the devs, but it was worth it. Next up: a bunch of API optimizations
After many months of work, we're finally releasing the first version of our new widget. A lot of love for detail, aiming to provide the best swap&bridging UX out there!
Ronin bridge relaunched with:
• More validators (+11)
• Audits
• Funds fully backed 1:1
• Circuit breakers
However, the attack vectors remain the same.
When do we start improving bridge designs rather than just adding more validators?
The recent refactoring of RPC calls for internal gas estimation reduced our average quote time by ~30%!
Always good to see when the team’s hard work pays off 💪
Our API response times continue to improve, getting faster each day.
We are not maxi on anything but rather aim to help crypto to find mass adoption. Solana has an impressively well established community which didn’t bail out in the bear market. 💪
The support is well deserved.
Our Strategic Focus on Solana & Commitment to the Multi-Chain Thesis
@lifiprotocol
's thesis from the beginning has been simple: crypto is multi-chain.
Our commitment as a credibly neutral aggregation protocol has always been to make swapping assets across chains simple for…
Almost a year ago I had my first meeting with a bigger gaming company
@daedalic
. Stephan made me feel welcome,
@npruehs
gave us the right confidence and Kai and Maria the feedback we needed to succeed. Thanks and let this company fly high!
#MtEverest
#Basecamp
#Daedalic
#stomt
The $DEGEN story is really interesting to watch. If their L3 play works out, it'll be a strong precedent for other meme coins, and we'll truly see the 1000-rollups future much sooner than expected. The UX to navigate this environment has to change a lot, and I think this is one…
At
@lifiprotocol
, we know building cross-chain infrastructure is a marathon, not a sprint. That's why we're so focused on research. This week we published a new document comparing 7 different Arbitrary Messaging Bridges (AMBs).
1/X
This is yet another situation where we see adopting a multi-bridge, agnostic solution is perhaps better for the security and sustainability of the ecosystem.
maintains a neutral positioning from a technological standpoint, but trust in the teams behind…
I'm watching Hasu get more pissed off in real-time as he edits his comment re: LayerZero's "sketchy sales tactics".
For web3 to build unstoppable, permissionless systems, thoughtful debate must come before marketing campaigns. Marketers please remember this!
What I don't see: Bridging projects spending their energy wisely and in a sustainable way. Focusing on solving 1 problem for 1 target group while aiming for trust-minimization.
@ConnextNetwork
&
@HopProtocol
are doing best here.
We*ve released massive performance improvements to .
@lifiprotocol
and - this is just the first step in this direction. Working with so many third-party APIs of different kinds really makes it hard to optimize. Some bridge APIs are really slow.
BTW…
@lifiprotocol
is still hiring frontend (React/Typescript) and backend (NextJS/Typescript) engineers with at least 3 years of experience. Preferably based in Europe.
Looking forward to speaking at this year's "Advances in Blockchain Technology" event, organized by
@UPFBarcelona
during
@eth_barcelona
- we'll explore liquidity fragmentation and the fast progressing interoperability space, as well as the case for bridge aggregation.
Conclusion
A multi-bridge, agnostic solution is a win-win-win for everyone!
Uniswap, AMBs, and the dApps that will implement this solution for governance in the future, will all benefit from it.
If you agree with our proposal, support us on the forum!
You're implementing , so that you don't have to implement past & upcoming bridging technologies of any kind. We make sure that these solutions become available via one API / one integration to maintain.
The case for institutional grade DeFi is clear. DeFi is a natural evolution, and it develops fast. Greater efficiency and cost savings are one thing, and the ability to offer new financial products another.
Philip Zenter (
@lifiprotocol
) and Henrik Gebbing (
@Finoa_io
) making the case for institutional grade DeFi at
#EBC23
Both Defi and CeFi have their PROS and CONS, and its likely we will always see a combination of the two...
DO YOU AGREE?
Moderator: Stephanie Ramezan (
@Gemini
)
One of the nicest things to experience as a founder is to see your team starting and executing initiatives end to end without your involvement. Hire the right people and deploy trust and ownership. Good job
@mark_murdock3
@arjunnchand
First edition of "The Cross-Chain Insider" podcast is out by our gigabrain researchers and threadooors
@arjunnchand
&
@mark_murdock3
If you did not have time to read, listen to this 👇
Did you know that you can decide which bridges .
@lifiprotocol
considers on a per-request basis? You can allow/deny/prefer certain bridges programmatically, based on your own risk profile and each individual use case you have.
I like our short release cycles. Having outstanding continuous integration/deployment pipelines are a blessing. Our products are getting better on a daily basis, including proper semver versioning.
Sometimes I feel Polkadot might be the perfect example of „premature optimization is the root of all evil“ - but on startup level. Overengineered and too fragmented to kickstart initial adoption.
When investors do their DD, do they care if the company bought their followers or earned them?
Do they take a look at SocialBlade? Do they compare follower/engagement ratios?
Big Update —
@Allbridge_io
is now part of
@lifiprotocol
's ecosystem! 🔥
This integration is a major leap in our mission to enable cross-chain swaps between EVM chains and Solana! 💪
This is a call for users, developers, and teams to explore Solana bridging through our Staging…
1/ We are enhancing your discovery experience! Token Swap is back, better than ever.
Explore, swap, and bridge tokens effortlessly through DappRadar.
⚡ All powered by
@lifiprotocol
🔗
Let's dive further 👇
Interesting to see that more and more bridges expand to become aggregators.
It’ll be tough to catch up with existing ones which ultimately means you‘re neither competitive as an aggregator, nor as a bridge.
The most likely better move would be do identify a niche (as either)…
Finally caught up with
@PhilippZentner
in SF. Here is our schedule for the next weeks.
27.01 till 31.01: San Francisco
01.02 till 04.02: Lake Tahoe
05.02 till 18.02: Mexico City
19.02 till 25.02: New York
26.02 till 03.03: Denver
We’ll be hosting some intimate
@lifiprotocol
…
What they all had in common is that they focused on doing one single thing exceptionally well.
Solving one problem, focusing on one value proposition, iterating around a tiny feature set, and even one target group, but becoming the best at it.
This is what makes companies…
Small teams are mighty.
13 people built Instagram to $1B acquisition
17 people built Linear to 1,000 customers
40 people built Notion to 1M+ users
When you bring together a small & senior team - amazing things can happen.