✨ We are excited to announce that Mushrooms partner with Cometh on Polygon(previously Matic) L2 network. Now Polygon users can directly trade most popular mTokens(mWBTC & mWETH) with $MUST token on ComethSwap to get exposure to trustworthy yield-farming from Ethereum L1.
There would be 200 MM allocated to each pair as rewards each week, lasting 4 weeks. Future allocations will be determined by governance vote of Mushrooms community. LPs who is offering liquidity for these pairs at ComethSwap can earn $MUST as well which could be used to stake in Cometh to earn DUST and forge spaceship!
“We are excited to work with Cometh team to bring Mushrooms interest-bearing vaults token to the most popular L2 of Ethereum, specifically, Polygon (previously Matic). We believe this kind of innovative collaboration would help L2 & ComethSwap users to get exposure to sustainable yield-farming profits in Ethereum L1. Really appreciate the support from Cometh team to make this happen and we are also working on more collaborations in next coming weeks.”
—Mando, core dev from Mushrooms Finance
🛒 Users can move the mTokens from Ethereum➡Polygon easily via Matic Bridge v2 or the other way around. Swap on ComethSwap is both instant and gas-efficient compared to L1 counterparts thus make it a perfect choice to non-whale traders.
Another amazing feature to trade on ComethSwap would be allowing purchase via fiat ramp. Users could use familiar payment methods like credit card, Paypal and even Apply Pay to complete the purchase!
Cometh is the first DeFi Layer 2 powered blockchain game with yield-generating NFTs. It combines these features into a fun strategy game where players pilot spaceships who are tasked with mining asteroids for tokens. In-game transactions are denominated in the game’s stakeable ERC20 $MUST ⚗ token. Previous partnerships include Pickle.finance, Dontbuymeme, Aavegochi, BadgerDAO, Alchemix, Kleros, Sushiswap and more.
Polygon (Matic) is an Ethereum token that powers the Polygon Network, a multichain scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain. Users can deposit Ethereum tokens to a Polygon bridge smart contract, interact with them within Polygon sidechain, and then later withdraw them back to the Ethereum main chain, if need be. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus.