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.