HodlTree Brings Innovative Flash Loans 2.0 to Polygon

Published on: 11.09.2021

HodlTree is set to bring its unique features of the enhanced Flash Loan 2.0 module and favorable terms for stablecoins exchange to the Polygon ecosystem

HodlTree is pioneering the Flash Loans technology for the users of the burgeoning commit-chain. The Flash Loans 2.0 module, which showed more than 400% utilization rate on the Ethereum network, is now live on Polygon.

Polygon technology, along with HodlTree innovations, will open up the DeFi community to the toolkit for Flash loans and stablecoin exchange in a low-cost commission and high-speed network environment, thus expanding the project audience and making the user experience seamless and enjoyable.

One of the main innovations of the HodlTree Flash Loans 2.0 module is the option to repay a flash loan in a different stablecoin (or several coins) than the one in which the loan was taken at a stable 1:1 return ratio. This creates mutually beneficial conditions for all parties, as it expands the range of possibilities for arbitrage and gives liquidity providers the opportunity to earn a higher percentage on their capital as compared to existing offerings.

The Flash Loans 2.0 module launched on Polygon is focused on working with stablecoins and currently supports USDC, DAI, and USDT. Other coins are going to be added in the near future.

Flash Loans 2.0 introduces yet another distinctive feature for DeFi users — lucrative stablecoin exchange with zero slippage and more profitable commissions that are three times lower than those offered by popular DEXes.

As proved by the experience of the Flash Loans 2.0 run on Ethereum, the module can open up new opportunities for arbitrageurs and liquidity providers. And as Polygon’s reduced gas fees provide unique arbitrage opportunities on stablecoins exchange, the HodlTree team expects the integration to bring not just a wide scaling of Flash Loans 2.0, but more favorable terms both for borrowers and liquidity providers.

About HodlTree

HodlTree reinvents DeFi tools, making them more convenient and profitable for the DeFi community. Most HodlTree products can be called second-generation, as their architecture compares favorably to the existing counterparts on the market, and the result is more rewarding for users.

HodlTree’s running modules include Elastic Hedge Modules and Flash Loans 2.0, each of which works for the DeFi community. Elastic Hedge Modules are designed for secure asset hedging, while Flash Loans 2.0 redefines the logic of the flash loans technology, giving users a wider range of opportunities for arbitrage, earning on providing liquidity, and exchanging coins.

About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 500+ Dapps, ~567M+ txns, and ~6M+ daily txns.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.