Domination Finance Integrates With Polygon
Domination Finance, the premier decentralized exchange for trading dominance pairs, integrates with Polygon.
By using Polygon, Domination will provide a more user-friendly experience and will offer lower transaction fees to their users.
The announcement of Domination Finance’s integration of Polygon follows news that the company raised $3.2 million in a seed round led by ParaFi Capital. The funding will help Domination Finance expand its services and cross-chain capabilities.
More companies are looking to integrate Polygon as they seek to improve their customer experience by offering economical fees and increasing transaction speed. Domination Finance cited Polygon’s reputation for scaling projects as one reason they chose Polygon as their scaling platform.
“Ethereum is the top L1 and can’t be ignored, but Polygon is the gold standard for lower transaction fees as a layer 2 protocol” said Adrian Kolody, Co-Founder of Domination Finance. “Our integration with Polygon is going to drastically increase the cross-chain functionality of our platform with greater speed and less expensive transactions.”
By using Polygon, transactions on Polygon will be both faster and more cost effective.
“This was a natural next step for expanding upon the Domination Finance product,” said Co-Founder Michal Cymbalisty. “This integration builds on the positive growth we have seen since our initial launch, and we are excited to scale across both L1s and L2s.”
About Domination Finance
Domination Finance is the premier decentralized exchange for trading dominance pairs. Built on the Universal Market Access (UMA) protocol, Domination Finance’s user-friendly desktop and mobile interfaces allow users to trade on the overall market dominance of Bitcoin, Ethereum, and Tether.
About Polygon
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 700+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.
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