Read Time 2 mins | Written by: Uri Eden
Introducing Fordefi Bring Your Own EVM (BYO EVM)
We're thrilled to introduce Fordefi’s latest DeFi feature: the ability to add new EVM-compatible chains to your workspace. This exciting feature empowers our clients with unmatched flexibility and control over their DeFi operations, unlocking new opportunities and enhancing their ability to innovate and succeed in the rapidly evolving DeFi landscape. We understand that seamless connectivity and access are crucial for institutional DeFi. However, institutions often face security compromises when integrating support for additional blockchains. Fordefi’s BYO EVM addresses these challenges, providing a secure and comprehensive solution.
“This new addition to our platform reinforces our commitment to delivering the most comprehensive DeFi experience across all EVM chains. With BYO EVM, our clients stay at the forefront of DeFi, gaining rapid access to new opportunities.” - Josh Schwartz, CEO and Co-founder
Key Features
1. Self Service
Empowering clients with self-service EVM blockchain integrations significantly reduces time to market, enabling them to swiftly capitalize on new opportunities without being dependent on platform updates. This agility is crucial in the dynamic DeFi landscape. Additionally, this self-service functionality reduces dependence on Fordefi's support, streamlining processes for greater efficiency and user autonomy.
2. Customization and Control
With BYO EVM, clients can seamlessly integrate their desired EVM-compatible blockchain, ensuring swift access to diverse trading opportunities. This customization empowers users to tailor their blockchain environment for specific use cases, thereby boosting overall performance and operational efficiency.
3. Enhanced Security
BYO EVM can be used in combination with Fordefi’s flexible node options. Fordefi already enables clients with the ability to set custom nodes for their transactions. This powerful combination allows users to select the most secure and reliable nodes for handling BYO EVM transactions, while also benefiting from Fordefi's robust MPC signing technology.
4. Fordefi’s Full Suite of Features
The BYO EVM feature seamlessly integrates with Fordefi's comprehensive suite of features, significantly enhancing the overall user experience. When incorporating a new EVM-compatible chain, clients can leverage Fordefi's advanced policy engine to establish precise transaction rules and permissions, ensuring that all operations are conducted in a secure and controlled manner. Additionally, with BYO EVM, clients gain access to Fordefi's unparalleled transaction enrichment for initiators and mobile approvals.
To learn more about adding a custom chain to your workspace, head over to our documentation: https://docs.fordefi.com/docs/add-custom-chain.
About Fordefi
Fordefi’s MPC wallet is an all-in-one solution for digital assets management. Fordefi’s MPC wallet and security platform offers native connectivity to dozens of blockchains, self-serve policy controls, smart contract address verification, transaction simulation, and real-time risk alerts, alongside a full-stack developer suite of native APIs and SDKs.
For more information on how Fordefi’s MPC wallet and security platform can empower your operations with new DeFi opportunities, please reach out to sales@fordefi.com, today.
