Decentralized Finance Lending Platform (DeFi) Cream Finance has introduced an upcoming integration with its Ethereum Layer 2 scaling answer, Polygon.
Cream Finance’s sensible contract markets enable customers to borrow and lend secured belongings. According to Cream, the combination with Polygon, which has a complete worth of $ 8.64 billion locked in, will end in quicker transaction speeds, decrease gasoline charges and entry to further markets for customers.
Upon launch, Cream customers will be capable of borrow and lend 10 completely different crypto belongings, together with USDC, USDT, DAI, WMATIC, WETH, WBTC, Chainlink (LINK), SushiSwap (SUSHI), Curve (CRV) and QUICK .
Upon launch, customers will be capable of lend and borrow tokens on the next markets: USDC, USDT, DAI, WMATIC, WETH, WBTC, LINK, SUSHI, CRV, QUICK.
Polygon Markets will likely be incentivized with $ MATIC liquidity extraction.
LM Details to be introduced.
– Cream Finance (@CreamdotFinance) June 29, 2021
Polygon (MATIC) is magically rising with institutional buyers pouring cash into Polygon as demand for an Ethereum-compatible blockchain network grows, builders and DeFi customers are flocking to the platform, this platform to search out cheaper gasoline charges. and quick block occasions.
See extra: Polygon (MATIC) is converging completely in each method – Aura is simply a matter of time
And Cream is not the one platform partnering with Polygon at this level. The NFT Sandbox phenomenon additionally introduced the combination of Polygon as the final word answer for platform growth methods.
▶️Migration to stage 2 answer @ 0xPolygon
▶️ Offset carbon every #NFT coined & tx on our market by way of @offsetra @me neither
▶ ️ Reforestation efforts all through the con @WeForest_orgRead extra about how we’re transferring in direction of a extra environmentally pleasant ecosystem 👇https://t.co/h1o7T74O4u
– The sandbox (@TheSandboxRecreation) June 29, 2021
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