Are you ready for Stage 2 of DeFi summer? Curve.fi is on Polygon, bringing the deepest on-chain liquidity to your favourite stablecoins! We’re also pleased to announce a 5mn$ liquidity mining program for the Aave USD pools on Curve!
Polygon’s DeFi ecosystem is rapidly growing with more than 100 DeFi projects ranging from prediction markets to Lending and Yield Farming applications. This has resulted in the need for deep liquidity for stablecoin pairs, for which Curve is exceptional.
Curve’s mission is to allow for the seamless exchange of stablecoins with low fees and low slippage, and Polygon’s high-speed and low-cost infrastructure is the perfect match for Curve.
This 5mn$ liquidity rewards program is part of the #DeFiForAll campaign on Polygon! We look forward to growing and expanding the DeFi ecosystem on Polygon along with Ethereum’s top DeFi protocols.
Curve is an exchange liquidity pool on Ethereum (like Uniswap) designed for (1) extremely efficient stablecoin trading (2) low risk, supplemental fee income for liquidity providers, without an opportunity cost.
Curve allows users (and smart contracts like 1inch, Paraswap, Totle and Dex.ag) to trade between DAI and USDC with a bespoke low slippage, low fee algorithm designed specifically for stablecoins and earn fees. Behind the scenes, the liquidity pool is also supplied to the Compound protocol or yearn.finance where it generates even more income for liquidity providers.
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Matic POS, designed for flexibility and independence. Polygon’s Layer 2 Chains have seen widespread adoption with 180+ Dapps, ~20M txns and ~340K unique users.
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.
Source : blog.polygon