Ozys x Polygon Collaboration

Ozys collaborates with Polygon to expand & develop their growing DeFi ecosystem by leveraging Ozys’ focus on cross-chain interoperability, experience with building successful DeFi protocols, existing products.

Ozys is a company spearheading blockchain development in South Korea working tirelessly to create unity in the fragmented and dissociated blockchain world. Working under the ethos of “Connecting the Unconnected,” Ozys’s projects utilize cutting-edge technologies to bridge different ecosystems together. Ozys is a member of the Klaytn Governance Council alongside multinational businesses and organizations including Binance, Huobi, MakerDAO, LG Electronics, and Kakao.

The flagship protocols created by Ozys include Orbit Chain, Belt Finance, and KLAYswap.

What is Orbit Chain (Orbit Bridge)?

Orbit Chain is a multi-asset hub blockchain that stores, transfers, and verifies information and assets which exist on various public blockchains through decentralized Inter Blockchain Communication (IBC).

Orbit Bridge is the cross-chain IBC protocol based on Orbit Chain. It currently connects various mainnets and has supported the cross-chain bridging of more than $3.5 Billion worth of assets.

Orbit Chain currently supports 8+ public chains including Bitcoin, Ethereum, Ripple, Klaytn, ICON, and Terra. It is committed to researching the interoperability of heterogeneous chains and further developing the DeFi ecosystem with better products and services. In doing so, Orbit Chain will create a more widespread audience and a stable blockchain ecosystem by allowing more dApp growth on various mainnets.

What is Belt Finance?

With more than $3.5 billion USD in TVL currently, Belt Finance is a leading AMM protocol that incorporates multi-strategy yield optimizing on Binance Smart Chain (BSC) with low fees/slippage that also provides aggregation through vault auto-compounding and yield generation for maximum returns. By utilizing multiple strategies simultaneously, Belt.fi minimizes dependence on any one protocol while generating users the best possible yield rates in BSC DeFi. This also protects users from low-liquidity withdrawal issues.

What is 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 Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scalability solutions have seen widespread adoption with 200+ Dapps, ~23M txns and ~364K unique users.

📰 INFO:

https://medium.com/orbit-chain/partnership-announcement-ozys-x-polygon-1e84920e2264