PolyDex Cross-Chain Farming And Pools By Cryption Network

Published on: 13.09.2021

Yield farming is easily one of the biggest among all DeFi activities, particularly as it doesn’t involve anything other than investors locking up their tokens in smart contracts, and receiving rewards in return. It is great for making passive income while HODLing, it reduces the risk that crypto users typically encounter while trading, and since the DeFi sector is growing, it is essentially helping users earn in more ways than one.

At the same time, the crypto industry is focusing heavily on interoperability, pursuing the dream of creating Web 3.0 by connecting isolated, individual blockchains into a network that would act as a decentralized internet.

There have already been some results of combining the two — with the most notable one being today’s launch of cross-chain farming by Cryption Network.

PolyDEX Launches Cross-Chain Farming

According to its recent report on September 9th Cryption Network launched a new cross-chain farming feature that will connect Polygon’s PolyDEX and Ethereum. What this means is that users will be able to use this bridge to stake their ETH coins, and receive rewards on Polygon’s blockchain.

That way, it will be possible for them to participate in farms on Polydex which is on Polygon network directly from Ethereum with one click. . Best of all, the process is so simple (from the user’s perspective, at least) that it only requires a single click and a single transaction.

The move is particularly notable since it is revolutionary. In other words, as far as it is known, nobody else managed to deploy this or similar method to any other chain out there. As a new and 100% innovative feature, it stands to change the way farming of popular coins works, and it may even start a new trend in the long run.

About Cryption Network

Cryption Network is a revolutionary platform addressing all the drawbacks of the DeFi and crypto ecosystem to offer users the best services possible and promote mass crypto adoption.

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