The Synapse Network enters Polygon!
Synapse Network is now also available on the Polygon Chain.
This is the third network, following their integration on the ETH and BSC Chain, that can be used to buy, swap and stack SNP tokens easily.
This integration has been in the works for quite some time, following closely their community feedback and taking in consideration the ever-growing popularity of Polygon and what can be achieved on the Polygon framework.
Why Polygon?
Polygon aims to transform Ethereum into a complete, multichain ecosystem, aptly calling it the internet of blockchains, similar to other big players like Polkadot and Cosmos, while maintaining the added advantages of the Ethereum blockchain robust protocols and security.
Blockchains launched on the Polygon network are based on its proof-of-stake sidechain, which leverages a network of validators based on the secondary chain and then finalizes the transactions on Ethereum’s main chain afterwards.
This can take significant strain off the primary blockchain, resulting in multiple benefits:
- less network congestion
- faster transaction speed
- lower gas fees
All of the Polygon scaling mechanisms are built to boost the transaction throughput of Ethereum without sacrificing the network’s security and user experience, slashing down costs while maintaining the most important aspects of one of the most stable chains of the market.
This is why they chose to be present on Polygon — both to ensure that the Synapse Network community is able to make secure, fast and low-cost transactions and to explore the new possibilities that such a network can bring to us.
New opportunities are coming!
But to keep things practical, what are the actual changes waiting for Synapse Network users after their integration with Polygon?
From now on, users will be able to buy and stack their tokens on the Polygon network, along with joining Polygon, Synapse will also appear on QuickSwap, which is one of the best DEX on the market, while also being built on Polygon.
Thanks to this additional integration, apart from the possibility of purchasing and staking their tokens, users will also gain the ability to make easy swaps with some of the lowest gas fees in the current market.
Polygon is a solution especially aimed toward investors that are looking after low transaction fees, and at the same time care about safe and quick transactions.
With those benefits, they believe that this integration will also open a new and stable investment front for the newer members of the Synapse community.
Useful info:
- Dextools link: https://www.dextools.io/app/polygon/pair-explorer/0xa23ee8b7707a16b92d5b629fb5ee61a54baa61ab
- Token address: 0x6911F552842236bd9E8ea8DDBB3fb414e2C5FA9d
- QuickSwap: https://quickswap.exchange/
- Polygon: https://polygon.technology
About Synapse Network
Synapse Network is developing a cross-chain investment and start-up acceleration ecosystem based on blockchain technology to give everybody an equal chance to contribute to great upcoming projects and to do so early on. We are bridging the gap between the traditional & crypto market. The idea of the Synapse Network technology goes beyond the standard offer of launchpads available on the market, becoming a true technological brand providing tech solutions.
SOURCE:
Medium
