Pinknode and Polkabridge Partnership

Polkabridge is an all-in-one financial applications platform, which includes yield farming, initial DEX offerings, and lending, along with several other services on its comprehensive DeFi platform. Polkabridge allows users to swap tokens between Polkadot and other blockchains on its multi-chain decentralised exchange (DEX), further promoting the growth of DeFi on Polkadot.

All the services on its platform have a smart farming deflationary mechanism, which allows users to generate handsome profits over a consistent time frame. Bringing its goals to fruition will help to accelerate the adoption of multi-chain asset bridging on Polkadot.

Bringing Scalability to Polkabridge

As its platform continues to burgeon, Polkabridge will need scalable and reliable infrastructure in order to facilitate its multiple functions. For this reason, it has nominated Pinknode to provide it with easily generated reliable, and scalable API endpoints. In return, the various DeFi services on Polkabridge will cater to a significant range of DeFi users, effectively translating into high user traffic for Pinknode’s infrastructure.

Polkabridge’s goal to bring cross-chain functionality to a wide range of DeFi services. Cross-chain interoperability is one of the Polkadot protocol’s most promising features, and Pinknode is happy to give Polkabridge the infrastructural support they need to maximise its potential” – Eric Poh, Co-Founder of Pinknode

About Pinknode

Pinknode is a Polkadot-specialised Infrastructure-as-a-Service provider with the goal of accelerating adoption and empowering innovators to build on the most promising Web 3.0 ecosystem. By providing API endpoints through a streamlined onboarding process and maintaining secure, reliable, and scalable node infrastructure, Pinknode helps innovators jumpstart development quickly and accelerates their product life cycles.

About PolkaBridge

PolkaBridge is a decentralized all-in-one financial applications platform. The PolkaBridge ecosystem is expected to include cross-chain AMM, Farming, Lending, Fundraising platform (Launchpad), Prediction, NFT, and more. All products will be developed with Polkadot in center.

📰 INFO

https://medium.com/pinknode/supporting-polkabridges-cross-chain-infrastructure-ab2b936e9ea6

Market Stats:
BTC Dominance: 53.42%(+0.22%/24h)
ETH Dominance: 15.92%(-0.17%/24h)
Defi Market Cap: $87.36B(-16.75%/24h)
Total Market Cap: $2347.34B(+1.25%/24h)
Total Trading Volume 24h: $56.81B(-23.44%/24h)
ETH Market Cap: $373.2B
Defi to ETH Ratio: 23.41%
Defi Dominance: 3.54%
Altcoin Market Cap: $1093.4B
Altcoin Volume 24h: $35.05B
Total Cryptocurrencies: 29537
Active Cryptocurrencies: 9881
Active Market Pairs: 82730
Active Exchanges: 762
Total Exchanges: 8448
BTC: 63584.38$(-0.49%/1H)
ETH: 3110.34$(-0.62%/1H)
AVAX: 37.23$(-0.61%/1H)
BNB: 586.47$(-0.74%/1H)
MATIC: 0.73$(-0.83%/1H)
FTM: 0.69$(-0.58%/1H)
ADA: 0.47$(-0.63%/1H)
DOT: 7.14$(-0.62%/1H)
UNI: 7.53$(-0.52%/1H)
CAKE: 2.7$(-0.6%/1H)
SUSHI: 1.06$(-0.71%/1H)
ONE: 0.02$(-0.97%/1H)