Polylastic Gets Bonded!

Polylastic has announced a strategic partnership with Bonded Finance.

This partnership will allow $POLX farmers to access additional yield.

Polylastic is doing so much more to ensure its growth by contributing to its own success. By now, users are familiar with Polylastic as aggregator with a focus on DeFi products. It brings marketing capabilities and captive communities to everything it does and now, and they thanked to Bonded Finance, is able to offer something more.

The concept of an integrative cross chain solution could allow for Polylastic assets to earn yield while they are being held, could bring yet another wrinkle into the future of DeFi. They have come together to explore how the assets of Polylastic and the POLX token can be utilized in their smart contracts so the tokens can have their own earning power.

About Bonded.Finance

The Bonded platform was created to incubate and deploy experimental, high-yield, smart-contract driven financial instruments that push the bounds of open finance. Bonded is an algorithmic model that aims to unlock, aggregate, and de-risk ~50 billion in dormant value distributed amongst untapped digital assets by allowing supporters of qualifying altcoin projects the opportunity to leverage assets and realize their value.

About Polylastic:

The Polylastic (POLX) Index is designed to track token performance within the ever-evolving Elastic Finance industry (EFi). Their index will include elastic cryptocurrencies, seigniorage tokens, algorithmic stablecoins, cash systems and whatever comes next. The index is weighted based on the value of community support measured by the number of stakers, as well as the market cap of the token.

🔽 INFO:

https://polylastic.medium.com/polylastic-gets-bonded-43b10d0cb300