LI.FI launches "LI.FI Intents," a full-stack execution engine based on the Open Intent framework.

PANews reported on May 27th that LI.FI, a cross-chain liquidity aggregation protocol, announced the launch of LI.FI Intents, a modular, full-stack execution engine. It utilizes a network of specialized solvers to compete for order execution and is built upon a reference contract based on the Open Intents Framework. The Open Intents Framework is a public goods initiative led by the Ethereum Foundation, with contributions from over 30 teams including LI.FI, OpenZeppelin, Wonderland, Uniswap Labs, and Hyperlane. LI.FI Intents is OIF's large-scale production implementation, providing enterprises with stablecoin payments, real-world asset access, and compliant on-chain liquidity. LI.FI stated that historically, the intent stack was too rigid, forcing all applications to adopt a single execution model. Teams had to solve multiple problems from scratch, including order representation, solver networks, cross-chain settlement, and validation. OIF's modular components give teams the freedom of choice and customization, reducing the time to build intent applications from months to days.

The Ethereum Foundation commented: "The Open Intent Framework is designed as a shared infrastructure for intents. It is a modular, open framework for the ecosystem to collaboratively build intent applications. Today, the framework takes the next step: achieving mass adoption."

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