CyberFi x Matic Network — Automating Layer 2
CyberFi partnership with Matic to enable Layer 2 Asset Management Automation.
CyberFi is honoured to announce our partnership with Matic Network. Our goal is to build a DeFi 2.0 Automation Platform allowing users to manage their assets in a fast, easy way in terms of UX & UI powered by an automation system for smart asset management. We believe layer 2 solutions will pave the way for the future of DeFi and DAPPs overall. Matic will be our first integration partner as a Layer 2 Solution.
Matic Network
Matic Network is a prime Layer 2 platform with dozens of projects already launched and many more in the building stage. On the technical side this is one of the best solutions in the whole crypto market for seamless TXs over the enormous GAS costs of the current Ethereum network. Let’s take a quick look at Matic Features:
- Scalability through a decentralized Plasma operator
- 65k TPS and a sidechain tree architecture for high network usage
- Smooth UX and an ecosystem of wallets supporting the Matic Network
- Security enabled by a wide decentralize network of Stakers and Delegators backing the Matic POS system.
- Interoperability and Cross-chain Liquidity for seamless layer 2 interactions
CyberFi will be integrating Matic Network into its Platform so that our Automation Platform has a native Layer 2 solution, allowing users to massively save on gas price and take part in the amazing Matic ecosystem. As the DeFi space continues to grow there will be more and more potential realized by Layer 2 solutions. Moreover, they are much more suited for the mass market killer adoption fulling applications crypto enthusiasts are so excited about. Making digital assets become a seamless part of applications is the future of the crypto space.
Following our Beta launch to the public with $CFi holders having exclusive access to new risk-management features available for DeFI users for the first time ever:
- Cross Limit Orders,
- LP Management,
- Auto Exit and Autom Entry into LP Tokens based on underlying price movements,
- Auto Exit from Yield Farming and Liquidity Mining Events.
CyberFi is now fully focused on our V2 version of the platform with a much more versatile approach for Asset Management Automation.
The Matic x CyberFi Integration
One of the biggest problems of adoption is aligning incentives as much as providing a tech layer that would make interoperability easy for crypto users. We see massive potential in allowing users with ETH to have an easy way to venture into other blockchains without the Technological barrier, where they can easily switch networks and take part without the inherent technology risk. Our Matic integration will solve this and other problems.
With our Matic integration you can expect to see the following feature on the CyberFI platform:
- Cross-chain automation powered by $CFi and fully utilizing the Matic Network. Transfer funds and participate in Matic Dapps all through the CyberFi Platform.
- Cross-chain liquidity aggregation — route funds through Matic or transact on the Matic Network with multiple liquidity sources and atomic swaps.
- Layer 2 DeFi at your fingertips. Load up ETH and automatically participate in Matic DeFi projects, vaults, staking and farming.
These features will not only boost Matic adoption but will bring additional value to $CFi holders and increase the growth of the CyberFi platform. We are excited to work with Matic and are happy to say that this is just the beginning of our journey with Layer 2.
About CyberFi — an Intelligent DeFi Automation Platform
CyberFi’s mission is to bring the DeFi 2.0 experience and add a new infrastructure layer through Automation. Users of our platform will experience zero-stress, automated DeFi trading, farming and yield generation, smaller fees, and tools for Impermanent Loss mitigation.
Website: https://cyberfi.tech/
Telegram: https://t.me/cyberfi_tech
Telegram ANN Channel: https://t.me/cyberfi
Twitter: https://twitter.com/cyberfi_tech
About Matic
Matic Network is a Layer 2 scaling solution that achieves scale by utilizing sidechains for off-chain computation while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators. Matic strives to solve the scalability and usability issues while not compromising on decentralization and leveraging the existing developer community and ecosystem. Matic Network is an off/side chain scaling solution for existing platforms to provide scalability and superior user experience to DApps/user functionalities.
