Idle + Polygon: bringing scalable yield automation with B2B incentive program
Idle, the longest-running and most-resilient yield aggregator in the Ethereum DeFi space, will bring its allocation strategies on Polygon to let both integrators and individuals access optimized yields in a cheap and fast way.
Notable protocols like Yearn and Harvest use Idle strategies on Ethereum, and Polygon deployment would add a more simplified onboarding experience for new players into this ecosystem.
The first batch of allocation strategies will be launched in early October. They will be accessible to both individual LPs looking to maximize the returns as well as integrators that will easily access different yield opportunities with just one implementation effort. One protocol to rule them all.
The deployment of Idle strategies in this network brings a top-notch gateway to automatically and algorithmically interact with multiple yield protocols and optimize the interest rate.
Idle will initially launch on Polygon the Best-Yield strategy to let users and integrators save time and gas fees, pursuing the best interest rate with no effort.
On top of those benefits, Idle & Polygon would reward any B2B integration partner that implements Idle’s allocation strategies as part of their Polygon underlying yield infrastructure with a $650k $MATIC incentivization program.
Additional $50k in $IDLE will be allocated to foster native Polygon projects using Idle and finalize new implementations.
Idle DAO plans to expand the suite of Polygon strategies with new assets, giving access to forefront pools to individuals and businesses.
Protocols interested in joining the B2B Polygon program can fill out this form to get in contact with the Idle team and start the onboarding process, receiving technical assistance, marketing & operational support, and funding.
Tech documentation about strategies’ integration will be published at the launch date.
A public Dune dashboard will track B2B referrals and reward distribution over time.
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.
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About Idle
Idle is the longest-running and most-resilient DeFi yield aggregator, clustering several noteworthy yield-generating platforms. Capital within an Idle allocation strategy for a given asset can be allocated in chunks across several protocols simultaneously to either maximize the average returns or minimize risk exposure for depositors.
