YDragon x Polygon
YDragon receives grant from Polygon
Our team at YDragon are thrilled to announce that we have been awarded a prestigious grant from Polygon (formerly MATIC network). With this grant we begin work on launching an index native to the Polygon network, and powered by YDragon! This marks the first project of its kind to be native to the Polygon network, making YDragon the go-to solution for investors looking to diversify their portfolios with the best of what the Polygon network has to offer. By participating in a soon-to-be-announced Index Minting Event (read more here), users will be able to invest their $MATIC or $USDC early. These deposited funds will be used to purchase the initial assets backing the index. Early investors will also benefit from a set of perks to be announced in the near future! Make sure to keep an eye out for our native $YDR token, the only asset to be featured in every one of our indexes, as long-term holders will be handsomely rewarded from all YDragon ecosystem revenue streams (learn more about YDragon here).
Collaboration and Beyond
Polygon’s trust in our team and potential will enable us to supercharge the launch of our Polygon-native index, while being able to have at our disposal the full technical and marketing support of Polygon’s community and network. We will also be working together closely in picking the best of the index’s underlying projects on the Polygon Network. There is a lot to choose from, so stay tuned!
About Polygon
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development designed for launching interoperable blockchains. Polygon solves Ethereum’s most critical limitations by bringing near-instant transactions with negligible fees, leveraging a variety of technologies such as POS chain, Plasma chains, ZK-rollups and Optimistic rollups.
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About YDragon
YDragon is a cross-chain index ecosystem with yield-bearing collateral, allowing users to gain exposure to different DeFi niches across a multi-chain environment with a smart revenue generating protocol managing underlying assets.
Not only do investors get diversified exposure to the best of what’s offered on a selection of blockchains, but they also have the luxury of benefiting from the most trusted and lucrative yield farming protocols around, ensuring a passive income on their investment.
Find out more about YDragon on our website.
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