We are pleased to announce that we have partnered with Poolz, a decentralized cross-chain IDO platform, to provide listing and farming support to all of the up-and-coming projects launching their tokens on the platform. The Poolz platform has already integrated with several different blockchains, including Polygon Network, and is a perfect partner to us since Dfyn also started it’s journey with Polygon Network and currently our AMM there has over $200 million in TVL.
With the DeFi industry experiencing an unprecedented growth rate in the past year, more and more protocols have emerged racing to remove as many barriers to adoption as possible. And while many of these protocols have succeeded in making DeFi more accessible to everyone. Poolz connects project owners with early stage investors to ensure projects have sufficient capital to start building the products.
Last week, Poolz launched on the Polygon Network, allowing its community members to stake POOLZ tokens for transaction fees of less than one cent and potential projects to access the features and the community gathered around Polygon.
The first step in our long-term partnership with Poolz will be the introduction of Cryption to the Dfyn ecosystem. The Cryption Network will hold its IDO on Poolz on June 8th, putting a chunk of its CNT token on sale for the community. Holding their initial decentralized exchange offering on Polygon will enable the Cryption community to participate in the sale with minimal fees on Polygon.
The Dfyn exchange will provide exchange support for the Cryption Network, which include a Layer-2 DEX, upcoming binary option pools, as well as elastic farming offerings. Stay tuned for further announcements regarding the launch of CNT pools on Dfyn, as well as the launch of other features enabled by our partnership with Poolz.
This partnership will also enable Poolz to benefit from the Router Protocol which will help Poolz easily launch cross-chain tokens and products using the XCLP protocol developed by Router Protocol.
Poolz is a decentralized cross-chain IDO platform built on top of Web 3.0 infrastructure to assist crypto industry projects in raising funds before listing. The Poolz platform has already integrated with many different blockchains and is in discussions with more than 10 of the biggest blockchain networks.
Telegram Announcements: https://t.me/Poolz_Announcements
The Cryption Network is a set of futuristic DeFi products that aim to simplify the onboarding process for retail investors. The platform offers a low-fee DEX, a market maker capable of creating a market for any event, and a robust infrastructure to assist DeFi projects when launching.
Telegram Announcements: https://t.me/CryptionNetworkAnn
Dfyn is a multi-chain AMM DEX currently functional on the Polygon network. Dfyn nodes on various chains act as liquidity entry and exit points into the cross-chain liquidity super mesh that is being enabled by Router Protocol.
Telegram Announcements: https://t.me/dfynofficial