Demodyfi is expanding its ecosystem by integrating on Polygon.
Demodyfi is being integrated into the Polygon protocol, allowing for low gas fees and fast block time. In particular, Demodyfi is implementing a bridge from Moonbeam to Polygon, using ChainBridge. ChainBridge is a bridge between Ethereum and the Moonbeam para chain on Polkadot, allowing token transfers between the two independent chains. Therefore, Demodyfi aims to add more value by integrating a second bridge with Cross Chain Message Passing (XCMP) in the near future, which will not only allow for asset transactions but also cross-chain smart contract calls.
About 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.
