SECURED FINANCE USER GUIDE

Secured Finance Ventures into Polygon zkEVM

Advancing DeFi with Capital Efficiency

Secured Finance Official
Published in
4 min readFeb 9, 2024

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Introduction

Secured Finance is thrilled to unveil our next significant milestone: the launch on the Polygon zkEVM network. Building on our robust foundation across the Ethereum Mainnet, Arbitrum, and Avalanche, we’re stepping into a new era of DeFi with our expansion to Polygon zkEVM. This move is a reflection of our unwavering commitment to pioneering innovation and enhancing accessibility within the decentralized finance realm. Discover the insights into our multi-chain strategy, articulated by our CEO, Masa, in a detailed article here.

Experience our state-of-the-art web app on the Polygon zkEVM here.

Why Polygon zkEVM?

We’ve selected Polygon zkEVM as our next platform due to its revolutionary technology and steadfast dedication to security, facilitated through zero-knowledge proofs. This decision is perfectly in line with our mission to cultivate a safe, scalable, and thriving DeFi ecosystem. By embracing Polygon zkEVM, Secured Finance is poised to harness these technological breakthroughs, fostering growth within this dynamic ecosystem. Together, we’re setting the stage for a future of mutual success and continued innovation in decentralized finance.

Product Offerings and Asset Portfolio on Polygon zkEVM

As Secured Finance expands to Polygon zkEVM, our offerings align closely with those on Arbitrum, maintaining consistency in network features and functionalities. Like our Arbitrum listing, the Polygon zkEVM launch will feature key assets such as WBTC, ETH, and USDC. Still, it will notably exclude axlFIL, which is only available on Ethereum Mainnet and Avalanche.

User Experience

The platform’s user interface remains unchanged, retaining its intuitive and user-friendly design. Here is how you can add the Polygon zkEVM network to your setup.

  1. Click on your “Metamask” icon.

2. Click on Network.

3. Click on “Add network”.

4. Click on “Add a network manually” and fill in with the details below.

5. Approve the network

6. Once you have added the network, you can alternate between Ethereum Mainnet, Arbitrum, Avalanche or Polygon zkEVM.

Launch Timeline

For Polygon zkEVM, we’re aligning with our multi-chain development strategy by initiating the Global Itayose process for all 8 orderbooks on February 9th, culminating in the market’s official opening on February 16th. This methodical approach ensures uniformity and facilitates seamless trading across our platforms on ETH Mainnet, Arbitrum, Avalanche, and now Polygon zkEVM, reinforcing our commitment to providing a consistent and integrated trading experience across all networks.

For detailed information on navigating the Global Itayose process, please refer to our comprehensive guide here.

Conclusion

Secured Finance’s expansion to Polygon zkEVM marks a significant milestone in our journey towards creating a more inclusive, efficient, and scalable DeFi ecosystem. We are proud to pioneer this new phase, furthering our vision of a multi-chain future and inviting our community to join us in exploring the vast potential of decentralized finance on Polygon zkEVM.

Step-by-Step Guide Series

DeFi Apps Onboarding Guide

This guide will walk you through the steps you need to take to start using DeFi apps. You’ll learn how to set up your MetaMask wallet, connect it to DeFi apps, and get test ETH from Sepolia faucets.

  1. Setting up MetaMask Wallet
  2. Connecting Your Wallet
  3. Getting Test ETH from Sepolia Faucets

Secured Finance User Guide

This guide offers a concise walkthrough of the platform, covering key aspects from preparing test tokens and managing collateral to executing transactions. It also delves into advanced trading strategies that are unique to Secured Finance.

  1. Preparing Test Tokens for Practice
  2. Collateral Management
  3. Borrowing with Simple UI
  4. Lending with Simple UI
  5. Trading at Pre-Open Order Book (Itayose)
  6. Placing Limit Order
  7. Add/Reduce or Unwind Position
  8. User Guide on Emergency Global Settlement
  9. How to Get axlFIL: A Comprehensive Guide
  10. Secured Finance Expands to Arbitrum
  11. Secured Finance’s Strategic Expansion to Avalanche
  12. Secured Finance Ventures into Polygon zkEVM (This Article)

Secured Finance Official Links
Website | Twitter | GitHub | Galxe | Link3 | Guild

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