BlockBank is proud to announce it will be launching the $BBANK token on Polygon, which is a protocol that combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system.
Polygon solves pain points associated with Blockchains, like high gas fees and slow speeds, without sacrificing security. This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche, and many more.
Through this strategic partnership, BlockBank users will now have access to the entire Polygon Ecosystem. The native Polygon token MATIC will be listed on the Blockbank Application for users to buy & sell. BBANK will be minted on the native Polygon blockchain, so this will make the BBANK token interoperable with all of MATIC’s ecosystem.
Our Non-Custodial Customers will also be able to connect to the Matic network using our Web3 Portal. In addition to our integrations with Polygon, Blockbank has also entered into an agreement with Polygon to Run a delegator node for the MATIC Network as well as a validator node. This will be for future plans and efforts to work together on CeFi Implementation.
BlockBank is excited to be collaborating with Polygon, which will bring users new functionalities! As we expand and continue to choose great partners to work with, we believe that integrating with the right partners is critical and Polygon is the partner that will bring value to our community.
The future is bright for both projects, and we look forward to integrating further!
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 700+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
BlockBank’s vision is to create an all-in-one crypto application that simplifies the user experience without compromising security, privacy, or decentralization. We aim to combine the best of DeFi and CeFi worlds in one place, incorporating patented AI technology to bring financial empowerment to clients.
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