Tidal Finance Receives a Significant Grant from Polygon, Strengthening the Partnership

Tidal Finance
Apr 26, 2021 · 2 min read

Tidal Finance is delighted to announce to our ever-supportive community that we have received a significant grant from Polygon through their developer support program. Polygon (previously Matic Network) is an interoperability and scaling framework for building Ethereum-compatible blockchains. Polygon seeks to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains.

The Tidal team had chosen to launch its v1 insurance solutions on the Polygon network due to its 100% EVM compatibility; high speed, low cost transactions and the overall composability of the network. This grant will go a long way in ensuring that goal is achieved.

Decentralized Insurance and Scaling Solutions

Polygon’s Developer Support Program

  • Early support grants
  • Technical guidance from its team and network
  • Security audit support
  • Marketing and promotional support
  • Help with investor connections

This grant by Polygon goes a step further in strengthening the partnership as it allows us to develop the mutual cover pool mechanisms faster and provide decentralized insurance to all the assets on the Polygon network. We’re sure this is just a beginning in our mutual journey as Tidal and Polygon explore more ways to synergize our talent and efforts

About Polygon

About Tidal Finance

With Tidal, users can choose risk pools depending on their risk appetite, and filter it through a combination of protocols/assets and their coverage terms (premium, cover period, etc). Liquidity Providers, on the other hand, can invest in pools that suit their risk/reward ratio.

Follow our Tidal public channels for future updates:

☂️ Medium: https://tidalfinance.medium.com

☂️ Twitter: https://twitter.com/tidaldefi

☂️ Telegram: https://t.me/TidalGlobal

☂️ Announcements Channel: https://t.me/tidalann

📗 Tidal Gitbook Whitepaper: https://docs.tidal.finance/whitepaper

Tidal Finance

Higher Yields. Protocol Insurance.

Tidal Finance

Tidal Finance is the first flexible DeFi insurance platform and marketplace, offering the highest APYs and gas-free transactions. The flexible insurance model allows companies to adjust their premiums on a weekly basis based on fluctuating TVLs (Total Value Locked).

Tidal Finance

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Tidal Finance is the first flexible DeFi insurance platform and marketplace offering the highest APYs in the industry. https://tidal.finance/

Tidal Finance

Tidal Finance is the first flexible DeFi insurance platform and marketplace, offering the highest APYs and gas-free transactions. The flexible insurance model allows companies to adjust their premiums on a weekly basis based on fluctuating TVLs (Total Value Locked).