Demodyfi x Poly Network Partnership

Published on: 12.06.2021
Demodyfi x Poly Network Partnership

Demodyfi is partnering with Polybridge Network to bring users a better product experience of Demodyfi.

Getting support from Polybridge Network, Demodyfi is able to smoothly do cross chain operations, where our digital asset DMOD can be easily bridged from ETH Chain to Binance Smart Chain (BSC). Their tool provides a one-click operation that is as simple as it can be. In the future, Demodyfi will support more assets and more cross-chain services of the public chain.

Here’s the bridge link from where you can https://bridge.poly.network/token/DMOD

What is Poly Network?

Poly Network is an interoperability protocol for heterogeneous blockchains. It has a wide range of support across a lot of blockchains as a result of how easy it is to join in. Based on cryptography, Poly Networks add an extra layer of complex security mechanisms that makes cross-chain transactions extra secure.

Poly Network has implemented interoperability with 10 heterogeneous chains including Bitcoin, Ethereum, Neo, Ontology, BSC, Heco, OKExChain, Elrond, Zilliqa and Cosmos-SDK. Since the launch, the protocol has enabled cross-chain asset transfer of nearly 5.4 billion U.S. dollars involving more than 125K addresses on different blockchains.

What is Demodyfi?

Demodyfi is an automated market maker platform that is built on the ethos of blockchain. It delivers decentralized financial services in a fully decentralized network whose control is fully decentralized, with each user contributing to the platform’s decision-making activities. The setup ensures transparency of all network activities, thus creating a trusting environment for its users.

Demodyfi also provides an ecosystem where decentralized users can gain tokens from platform activities and generate wealth from the tokens through decentralized exchanges.

📰 INFO:

https://demodyfi.medium.com/demodyfi-announces-partnership-with-poly-network-85e1d4d0a0d

Market Stats:
BTC Dominance: 57.02%(+0.51%/24h)
ETH Dominance: 11.85%(-0.06%/24h)
Defi Market Cap: $106.21B(+6.95%/24h)
Total Market Cap: $3267.98B(-1.35%/24h)
Total Trading Volume 24h: $83.51B(+18.31%/24h)
ETH Market Cap: $387.6B
Defi to ETH Ratio: 27.4%
Defi Dominance: 3.12%
Altcoin Market Cap: $1404.72B
Altcoin Volume 24h: $55.94B
Total Cryptocurrencies: 33301
Active Cryptocurrencies: 10607
Active Market Pairs: 96698
Active Exchanges: 778
Total Exchanges: 9872
BTC: 94081.94$(-0.35%/1H)
ETH: 3213.75$(-0.79%/1H)
AVAX: 35.23$(-1.28%/1H)
BNB: 681.62$(-0.72%/1H)
MATIC: 0.44$(-1.03%/1H)
FTM: 0.7$(-0.07%/1H)
ADA: 0.95$(-0.87%/1H)
DOT: 6.44$(-1.22%/1H)
UNI: 13.18$(-0.93%/1H)
CAKE: 2.22$(-1.37%/1H)
SUSHI: 1.37$(-1.52%/1H)
ONE: 0.02$(-1.41%/1H)