PolkaBridge Integrates With Polygon Full Stack Scaling Solution
Users can Stake PBR on Polygon With Lower Fees and High APY.
PolkaBridge development has been gaining steam and our first priority is a smooth / hassle free launch of our “MultiChain Automated Market Maker (AMM)” decentralized exchange. Polkabridge presently on the Ethereum blockchain and we plan to onboard the Polkadot blockchain fully, once it launches with all functionality.
Why They Choose Ethereum?
The Ethereum blockchain is the world’s leading smart contracts blockchain in terms of adoption and usage. It powers an overwhelmingly large percentage of the crypto-verse and most prominent crypto-assets are ERC-20 tokens. The blockchain holds the record for the highest fees generated, monetary value settled and number of unique addresses. Ethereum commands the highest number of developers building on the blockchain and it has more users than most other blockchains combined.
Welcome To Polygon
Today, Polygon is the number one Ethereum scaling solution in terms of DApps present (giving it strong network effects) and the number of users. It currently helps scale 400+ DApps, which include the top DApps on the Ethereum blockchain — Aave, Curve Finance, Sushiswap — trying to expand their reach to the average users. Since we want to use Ethereum in an economical manner, we have decided to integrate with the Polygon ecosystem.
This means that anyone with an Ethereum wallet can connect to the Polygon commit-chain and start accessing our DeFi ecosystem. All they need is MetaMask and some PBR tokens on Polygon.
PolkaBridge integration with the Polygon will also introduce staking functionality, similar to the one present on the Ethereum blockchain. This will allow users to purchase PBR from Quickswap (Polygon’s Uniswap alternative) or bridge it directly from Ethereum to stake on the Polygon chain.
About PolkaBridge
PolkaBridge is a decentralized all-in-one financial applications platform. The PolkaBridge ecosystem is expected to include cross-chain AMM, Farming, Lending, Fundraising platform (Launchpad), Prediction, NFT, and more. All products will be developed with Polkadot in center.
