Partnership Announcement: Ozys x Polygon

OrbitChain
Orbit Chain
Published in
3 min readMay 11, 2021

Ozys is excited to announce a new partnership with Polygon. Polygon, formerly Matic, is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Polygon is one of the largest blockchain networks that provides a powerful environment for Decentralized Finance with low gas fees and rapid block generation time. Many established DeFi protocols with high TVL are making their way onto the Polygon platform, including Curve, Aave, and SushiSwap.

Through this partnership, Ozys will work with Polygon to expand and develop their growing DeFi ecosystem by leveraging Ozys’ focus on cross-chain interoperability, experience with building successful DeFi protocols, and existing products.

Ozys is a company spearheading blockchain development in South Korea working tirelessly to create unity in the fragmented and dissociated blockchain world. Working under the ethos of “Connecting the Unconnected,” Ozys’s projects utilize cutting-edge technologies to bridge different ecosystems together. Ozys is a member of the Klaytn Governance Council alongside multinational businesses and organizations including Binance, Huobi, MakerDAO, LG Electronics, and Kakao.

The flagship protocols created by Ozys include Orbit Chain, Belt Finance, and KLAYswap.

About Orbit Chain (Orbit Bridge)

Orbit Chain is a multi-asset hub blockchain that stores, transfers, and verifies information and assets which exist on various public blockchains through decentralized Inter Blockchain Communication (IBC).

Orbit Bridge is the cross-chain IBC protocol based on Orbit Chain. It currently connects various mainnets and has supported the cross-chain bridging of more than $3.5 Billion worth of assets.

Orbit Chain currently supports 8+ public chains including Bitcoin, Ethereum, Ripple, Klaytn, ICON, and Terra. It is committed to researching the interoperability of heterogeneous chains and further developing the DeFi ecosystem with better products and services. In doing so, Orbit Chain will create a more widespread audience and a stable blockchain ecosystem by allowing more dApp growth on various mainnets.

About Belt Finance

With more than $3.5 billion USD in TVL currently, Belt Finance is a leading AMM protocol that incorporates multi-strategy yield optimizing on Binance Smart Chain (BSC) with low fees/slippage that also provides aggregation through vault auto-compounding and yield generation for maximum returns. By utilizing multiple strategies simultaneously, Belt.fi minimizes dependence on any one protocol while generating users the best possible yield rates in BSC DeFi. This also protects users from low-liquidity withdrawal issues.

Belt Finance multi-strategy yield optimizing also means that users do not actively need to move their assets around between protocols to find the best yield, as Belt Finance vaults do it for them. This guarantees the highest reliable yield possible. As Belt Finance grows to include more strategies and assets, this effect will continue to grow.

About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scalability solutions have seen widespread adoption with 200+ Dapps, ~23M txns and ~364K unique users.

Polygon Links

Ozys Links:

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