Saber launches first Polygon asset stable pool on Solana with Allbridge
Saber is excited to launch the first Polygon-bridged asset stable pool in partnership with Allbridge. Allbridge provides the bridging solution that makes this possible, connecting EVM networks such as Polygon to Solana.
They are starting with USDT / apUSDT (Allbridge’s Polygon USDT). If you are interested in using this Polygon <> Solana bridge for USDT, check out these docs.
How to bridge Polygon USDT to Saber
Users will be able to port assets over from Polygon using Allbridge’s bridge interface by:
- Choosing the direction of exchange (Polygon → Solana)
2. Connect wallet for the protocol you are sending from (Metamask if on Polygon Matic Network)
3. Once the transaction is confirmed, click ‘Receive’ to submit a transaction for receiving your money
*Make sure you have enough SOL or ETH to pay for the tiny but necessary transaction fees involved
About Saber Labs
Saber is the leading cross-chain AMM for pegged assets on Solana, such as stablecoins and wrapped assets. As Solana’s core cross-chain liquidity network, Saber helps facilitate the transfer of assets between Solana and other blockchains. Users deposit crypto into a Saber liquidity pool to earn passive yield from transaction fees, token-based incentives, and eventually automated DeFi strategies.
Website | Twitter | Discord | Medium
About Allbridge
Allbridge is a blockchain bridge that connects DeFi service providers across a number of different chains. It will start off as a bridge from Solana to the EVM-networks, but in the future, it will evolve into a DAO-style multi-chain hub, establishing connections between the EVM and non-EVM networks.
