Ethereum Foundation Advances Cross-Chain Intents with LI.FI Launch

Ethereum Foundation-backed OIF goes live with LI.FI, pushing cross-chain intents closer to scalable multichain finance.

Ethereum Foundation Advances Cross-Chain Intents with LI.FI Launch
Ethereum Foundation Advances Cross-Chain Intents with LI.FI Launch

As the Ethereum ecosystem advances toward intent-based infrastructure, LI has reached the most recent milestone.FI's production debut on the Open Intents Framework (OIF) of the Ethereum Foundation. There is more to the launch than just an update for interoperability. It is a significant step toward standardising the execution of cross-chain actions across Ethereum Layer 2s and other non-EVM networks, such as Solana.

Uniswap Labs, Polygon, OpenZeppelin, Hyperlane, Wonderland, and over thirty more contributors are supporting the OIF effort, which is establishing itself as the open infrastructure layer for the next generation of on-chain finance.

This launch is based on a simple idea, i.e., customers should specify what they want done on-chain, and competitive solver networks take care of the execution in the background.

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