Kaizen.Finance platform adds support for Polygon to provide a suite of token lifecycle management services
Striking a balance of speed and cost-efficiency is a challenging task in the ever-changing landscape of crypto. Today, projects planning their launch seek to avoid high fees and want to provide their users with fast transaction speeds. Polygon delivers on both fronts and has been a highly-requested blockchain among projects seeking the services of the Kaizen.Finance platform.
Naturally, the integration of Polygon into Kaizen’s token lifecycle management platform was only a matter of time.
Polygon is a rapidly growing ecosystem that is booming with technical, informational and business opportunities for crypto projects and traders. At the same time, Kaizen.Finance is recognized for its efforts to reimagine how crypto tokens and sales are created, managed and secured.
The integration between the two is a match made in crypto heaven.
The joint efforts of Kaizen.Finance and Polygon creates new venues for crypto-businesses, improving their capabilities in the fields of token issuing, protection and management. This paves the way for increasing the efficiency of crypto-projects seeking to launch, as well as providing individual users with cost-effective ways to invest.
The extensive set of Kaizen.Finance tools is already available on BSC, Solana and Ethereum. Integration with Polygon means that the vast selection of services currently offered by the Kaizen platform becomes available on the Polygon blockchain. You can expect to be able to use Kaizen.Finance to quickly and securely issue your token, automate vesting schedules, create staking, and enable trading of locked tokens on Polygon. All without writing a single line of code.
In addition, you can use Kaizen to bridge to Polygon from other blockchains, take advantage of fair launch, protect your offerings from frontrunning and bot attacks.
And this is only the tip of the iceberg that is the benefits of the Kaizen.Finance and Polygon integration.
The fruit of the integration is bound to open crypto for teams who are seeking to enter the industry but are intimidated by the experience and respective skills required. The simplified codeless way of creating and launching a crypto token on Polygon will allow such teams to concentrate on business and ideation, not the complex technical aspect.
Traders, ultimately, win from many new unique projects coming to Polygon first, offering exclusive early investment opportunities and with lower on-chain fees too.
At present, Kaizen.Finance is ahead of schedule with the integration as it already provides token creation for Polygon users. In October 2021, The Internet of Energy Network (IOEN) had issued and sold their IOEN token on Polygon. The foundation is already in place and you can expect Polygon and Kaizen.Finance to build upon it supporting projects that are excited to explore incredible new opportunities presented through this integration.
Kaizen.Finance envisions a new industry standard for immediate token launch, management and protection on the Polygon network. Delegating minting, vesting schedules, staking, anti-sniping and anti-bot protection and other token creation-related tasks to Kaizen.Finance, will enable Polygon to double down on the ecosystem development and will allow Polygon-based projects to dive deep into their own technology and business. A win-win scenario that gets all involved parties closer to the unified goal of building out the decentralized future for everyone.
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 3000+ applications hosted, 1B+ total transactions processed, ~100M+ 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.
About Kaizen Finance
Kaizen Finance is a no-code cross-chain token lifecycle management platform where projects can securely and reliably generate, issue, and manage tokens, vesting schedules, token sale and staking.
As it’s usual for the industry, tokens created via the Kaizen platform can be locked i.e. set aside by a smart contract for a specified period of time. What’s brand new about Kaizen, the issuer can use locked tokens as collateral and issue tradable collateralized tokens, which represent an ownership claim on an underlying asset locked in the Kaizen smart contract. Collateralized tokens reflect the value of locked tokens before unlock. When locked tokens become available for the unlock per vesting schedule, collateralized tokens are used to be exchanged to unlocked tokens on Kaizen Finance.
Collateralized tokens can be distributed to investor wallets immediately after the purchase of locked tokens, and it creates a user experience, totally different from traditional industry standards. Moreover, collateralized tokens can be traded on the decentralized exchange, called kDEX, designed by Kaizen Finance to unlock a $200 bln market of locked liquidity trading.
Source : cryptodaily.io