Stone integration with Polygon (Matic)

Stone is thrilled to announce a new integration with Polygon (Matic). Polygon, Ethereum’s Internet of blockchains, is a protocol and framework for constructing and connecting Ethereum-compatible (ETH) blockchain networks.

Stone is the only yield management framework focused on creating Rock Solid Yield for all the users in the DeFi space, through cross-chain assets and liquid staking. Stone aims to create the most antifragile platform to meet the needs of the DeFi industry. With the inclusion of yield-bearing assets introduced by Stone, it will further create yield-based derivatives such as ‘Risk Optimized’ Yield indices and other derivatives.

Their launch on Polygon will allow stone users to benefit from the yield income opportunities on the Stone launch the Yield Platform on Polygon, thereby avoiding large gas fees and saving on network congestion time, while fully benefiting from Ethereum’s network effects.

While Polygon is similar to blockchains like Polkadot, Avalanche, and Cosmos, it is more open, powerful and secure than these solutions. They are excited to explore new possibilities and connect the Stone and Polygon communities.

About Stone DeFi

Stone Protocol is the only yield management protocol focused on creating ‘Rock Solid Yield’ for all users in the DeFi ecosystem.

About Polygon (Matic)

Polygon is an Indian blockchain scalability platform known as “Ethereum’s Internet of Blockchains.” It addresses some challenges faced by Ethereum today, such as heavy fees, worsening user experience, and low transactions per second.

📰 INFO

https://stonedefi.medium.com/stone-and-polygon-matic-integration-d66c307e6439