Strategic Partnership with Polygon
Peri announced a global strategic partnership with polygon, a protocol and a framework for building and connecting Ethereum-compatible blockchain networks.
Peri Finance has entered into a strategic partnership with polygon to solve the problems that Ethereum network faces, such as high gas fee, slow transaction speed, and security.
At the moment, the leaders of synthetic assets pay more attention to high-end users, where high-end refers to users with better financial knowledge, technical capabilites, and financial strength.
Through this partnership, PERI Finance is integrated into Polygon network and PERI Finance will be adopted by mainstream market as well as daily traders to participate in PERI’s decentralized, cross-chain synthetic asset issuance and derivatives exchange.
About polygon
Polygon is the representative protocol and a framework for building and connecting Ethereum-compatible blockchain networks.
Built with the Polygon SDK, Polygon allows best of Ethereum and multi blockchains into a full-fledged multi-chain system. Ethereum network today often face operational limitations due to high gas fees, slow speed and security. Polygon improves upon previous pains by leveraging the high performance made possible through combining the blockchain network with optimistic rollup chain, ZK rollup chains, and stand alone chains.
Polygon offers consensus and governance modules as well as a a variety of execution environments and virtual machine implementations. Through above modules, developer can easily deploy their own custom blockchains and blockchains launched in this ways are designed to benefit from the Matic sidechain(Stand alone chain), which uses a network of validators to dramatically increase speed of transactions and cut fees down.
Please read the link below to find out more about the set of features available on Polygon.
About PERI Finance
PERI Finance is an innovative synthetics issuance and derivatives market that utilizes blockchain technology to supercharge trades through its protocol.
PERI Finance allows accessing a wide range of both traditional financial and crypto assets in the form of leverage and non-leverage synthetic products. We empower users with the lower GAS fee, speedy transaction, and ample security from front-running or flash loan.
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