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Sifchain is going live on Polygon

Sifchain is the brainchild of Sif, the Norse goddess of earth, agriculture, fertility, family, and marriage. She brings abundance, pleasure, and wisdom wherever she goes. She has blessed a hearty band of 21st century humans with the task of instantiating Sifchain in our universe.

Sif represents the collaborative nature of the blockchain industry and the lush rewards that can be found in cultivating connections between multiple other chains. The vision of her moving gracefully through her fields, harvesting a bountiful array of crops, the culmination of all of her hard work and forethought, is what we strive to reproduce in our work on Sifchain. We hope you’ll join us in these noble pursuits.

Flexible Trading

Sifchain is the omni-chain solution for DEXes. More performant, more robust cryptoeconomics for trading and security, more flexible trading capabilities, an extensible omni-chain roadmap and eventual true DAO governance. Sifchain is the future of DeFi.

True Omni-chain DEX

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Sifchain will support cross-chain transactions for 20-25 of the top blockchains such as Bitcoin, BinanceChain, Polkadot, and EOS. These blockchains represent the overwhelming majority of all cryptocurrency trading volume.

More Performant

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Built with the Cosmos SDK, Sifchain processes substantially more transactions per second than Ethereum, making it 100x more efficient than the current leading DEXes. This equates to faster trades and lower fees.

Continuous Liquidity Pools

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The CLP is our primary financial primitive. Liquidity providers can earn income by providing liquidity in these pools. Swappers can send a transaction to a liquidity pool, trading tokens they have for those on the other side of the pool. Learn more here.

About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is the Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 500+ Dapps, ~567M+ txns, and ~6M+ daily txns.

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About Sifchain

Sifchain is the first IBC-enabled omni-chain DEX to allow Cosmos assets to export to Ethereum and any EVM-chain, and then import back into the Cosmos ecosystem.

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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