Swing Protocol Receives Development Grant from Polygon in Pursuit of DeFi Liquidity
Swing is happy to announce that they have received a development grant from Polygon (formerly Matic) to add to the ongoing development of their cross-chain liquidity and bridging aggregator.
Polygon awarded the grant to help foster the ongoing development of Swing’s aggregator protocol, which delivers access to a number of EVM (Ethereum Virtual Machine) compatible blockchains, such as Arbitrum, Binance Smart Chain, Avalanche, Fantom, xDai, Aurora, and Ethereum itself.
Swing also facilitates easy access to liquidity and token swaps on Polygon, and the grant will help concrete the already strong bonds between the two projects as both pursue their complementary visions of decentralized finance (DeFi).
The grant awarded by Polygon will help continue Swing’s ongoing efforts to contribute to the Polygon network, and offer users of both quick, direct access to the range of tokens available across many of the most popular DeFi platforms in operation today.
“We’re extremely proud to have received the development grant from Polygon, and we take it as an encouraging sign that we’re making all the right moves as we march on in pursuit of our vision. Swing levels the blockchain playing field by granting traders easy access to all of the best DeFi platforms around, and our ongoing relationship with Polygon only promises to boost our efforts and expand our reach.”
Polygon awards development grants with the aim of encouraging promising projects, and accelerating the growth of the blockchain and DeFi space.
About Swing
Swing is decentralized cross-chain liquidity protocol on major EVM networks such as Polygon, BSC, Avalanche, Moonriver, Harmony, xDai, Arbitrum, Fantom and more. It aggregates major liquidity sources and bridges to execute the best price and lowest slippage on trades and transfers. The project helps crypto traders, investors and yield farmers move crypto capital efficiently across blockchains via a web application and upcoming API product.
