CompliFi V2 is Soon Launching on Polygon
CompliFi is a derivatives platform where traders don’t experience liquidations, margin calls or defaults.
CompliFi V2 will go live on Polygon in Q1 2022.
Complifi launched in Q1 2021 with a mission to bring traders a fair & open derivative marketplace.
In V2, users will be able to take advantage of all the great features of CompliFi thanks to Polygon, without worrying about gas fees that come with the Ethereum mainnet.
Polygon network will be available immediately to all users upon V2 launch.
What is CompliFi?
It’s the decentralized derivatives platform with unique features unseen on other trading platforms. The key offering of CompliFi is that users can trade derivatives with no margin calls, liquidations or defaults.
In other words, when markets move against you and CEXs would liquidate your positions, CompliFi allows you to stay in the game.
What’s more, liquidity providers at CompliFi get to enjoy high APYs on their stablecoins & ERC-20 tokens thanks to raw trading fees & premiums paid by traders.
The core products of CompliFi are x5 Leveraged Tokens & Call options.
We invite traders, LPs and builders to explore our platform and experience derivatives trading in a fair & transparent manner.
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 7000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.
SOURCE: https://medium.com/complifi/complifi-v2-is-soon-launching-on-polygon-a3ea106436c7