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PERA Finance is now on Polygon Network!

Dear Pera Family,

Pera Finance has conducted a partnership agreement with Anyswap a few days ago and teased how this partnership is a great gateway for us to serve in the Polygon Network besides Binance Smart Chain. Without further ado, let’s dive in!

PERA Finance on Polygon Network

Getting into the Polygon Network is a big step on our journey to take over the DeFi space. This partnership would have a significant amount of positive influence on the PERA ecosystem. Other than exposing it to a different network and providing a variety of opportunities to conduct partnerships, Pera will be able to apply decentralized trading competitions for the liquidity pools of Polygon Network.

This chapter is a brief overview of the partnership and what it brings to the table.

  • Pera partnered with Anyswap! Anyswap is the main bridging protocol on Polygon Ecosystem. Thus, Pera needed Anyswap to provide its users a decentralized way of switching networks. 

Anyswap allows users to lock their $PERA token on BSC ecosystem, to receive the same amount of tokens in the Polygon Network.

  • Pera partnered with Quickswap! Quickswap is the biggest DEX on Polygon Network. Since the trading competitions are not live on Polygon ecosystem yet, users will be incentivized with either $QUICK or $PERA gains.

For further details on Pera x Quickswap Partnership: https://perafinance.medium.com/pera-partners-with-quickswap-to-expand-further-into-polygon-network-2bdffbbae1ed

  • The migration process increases the number of pools available to stake PERA, increasing the TVL significantly.
  • Further partnerships becoming available with Polygon Network will create opportunities to yield different assets by staking Pera.

About Polygon

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. One of the main premises of the Polygon Network is to cope with Ethereum’s scaling problems via offering a more generalized scaling solution. Polygon Network aims to connect multiple Layer 2 scaling solutions together, aggregating scalable solutions on Ethereum, supporting a multi-chain Ethereum ecosystem. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Optimistic Rollups, zkRollups, Validium, and Standalone Chains like Polygon POS.

About Pera Finance

Pera finance

Pera Finance is a platform where traders, liquidity providers, holders, and stakers can yield farm together. With DeFi’s first decentralized trading competition. Pera Finance aims to be DeFi’s most sustainable and profitable yield farming protocol.

Pera Finance is a new type of trading and yield farming protocol, designed to secure long-term trading volume and liquidity utilization for the whole DeFi ecosystem. Pera Finance offers decentralized and customizable trading competitions to DeFi space and includes traders to the yield farming space for the first time, what we call DeFi 2.0!

Disclaimer

The integration process has just begun and we are currently working on implementing the daily trading competition on different blockchains.

For now, the daily trading competition is only on BSC and users are not able to enter the competition by making transactions on Polygon Network.

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About Godwin

Godwin is a multi-faceted writer. He covers the latest and most significant news in the crypto industry for Newsbsc. Aside from his work here, he writes exceptional SEO optimized web contents for other websites in different sectors.

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