Polytrade is proud to announce its strategic partnership with DFyn, a multi-chain AMM DEX currently functional on the Polygon network in its latest initiative.
DFyn is building a network of DEXes across multiple Layer 1 and Layer 2 blockchains, allowing it to plug into multiple liquidity sources across chains, including the cross-chain liquidity ecosystem being developed by Router Protocol.
With the mission of shaping the future of Trade Finance with DeFi, Polytrade is a blockchain-based decentralized protocol aiming to transform receivables financing connecting buyers, sellers, insurers, & investors for a seamless experience.
Through this partnership, the DFyn exchange will list Polytrade’s native TRADE token and support our project in liquidity programs. Following our upcoming initial decentralized exchange offering (IDO), DFyn will also host a TRADE farming event, enabling token holders to earn an attractive yield on their holdings.
DFyn will also be hosting a trading competition, distributing rewards to users with the highest trading activity on the DFyn exchange to incentivize users further to get involved with the Polytrade ecosystem.
The partnership will also be a gateway to Polytrade transitioning into the Polygon ecosystem and providing our users and token with real-world use cases.
Additionally, DFyn’s sister concern, Router Protocol, will also be assisting in expanding Polytrade to other chains wherein the protocol will be able to easily source liquidity from other chains using bridges built by Router Protocol.
About DFyn
DFyn is a multi-chain AMM DEX currently functional on the Polygon network. DFyn nodes on various chains act as liquidity entry and exit points into the cross-chain liquidity super mesh that is being enabled by Router Protocol.
About Polytrade
Polytrade is a blockchain-based decentralized protocol aiming to transform receivables financing connecting buyers, sellers, insurers, & investors for a seamless experience. It brings safe and insurance-backed real-world assets to the crypto world. Polytrade will provide real-world borrowers access to low interest and swift financing to free up critical working capital tapped from crypto lenders. While the project will start with a focus on trade finance, eventually, it would evolve into a full-stack lending protocol for small businesses.
Shaping the future of Trade Finance ✈️
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