DeFi Blockchain
Polygon is the go-to for those who want to layer over Ethereum without the high costs. It’s all about providing scalable and user-friendly solutions, keeping transactions cost-effective.
Money markets allow crypto users to lend assets and borrow against them via smart contracts. Interest rates for supplying and borrowing are based on the pool of funds and how much of this pool has been borrowed from. So if there’s 100 ETH in a pool and 99 ETH of that is lent, the APY will be higher for both lending and borrowing and fluctuate as users start and unwind positions.
Cross-chain bridges enable different blockchain networks to play nice and talk to each other. It’s how you can transfer assets like crypto coins and data seamlessly between blockchains such as Ethereum and BNB.
A Decentralized Exchange (DEX) lets you trade crypto assets directly with another person, with no central authority involved. It’s like a farmer’s market for trading, where you get security, transparency, and control over your transactions — minus the annoying crowds.
Decentralized perpetual exchanges give traders the thrill of high-leverage opportunities in a fully decentralized manner. Users can long or short tokens on these platforms, spot trade, and participate in various types of liquidity.