Polygon Announces Partnership With Arrakis Finance

Twitter icon  •  Published 1 year ago  •  Hassan Maishera

The Polygon team announced via Twitter on Thursday that it had partnered with Arrakis Finance.

The Polygon team announced via Twitter on Thursday that it had partnered with Arrakis Finance. Arrakis is a protocol that specializes in concentrated and active liquidity management. According to Polygon, the partnership will enable liquidity mining rewards on the protocol. 

Polygon (previously Matic Network) 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 multiple types of applications.

MATIC is down by 2% in the last 24 hours and is currently trading at $1.387.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.