MoonFarm brings CeDeFi One Token Yield Farming to Polygon!
We’re thrilled to announce that MoonFarm Finance is bringing One Token Yield Farming Aggregator to Polygon!
Polygon has seen explosive growth in the last few months with over $10B in the total value of assets locked and many Defi projects already being utilized in protocols like Aave and Sushiswap. This clearly shows demand for Yield Farming and together with Polygon, we can help grow that footprint substantially.
MoonFarm is a DeFi and Centralized Finance (CeFi) hybrid yield farming aggregator. It provides the best of both worlds, offering all the cost-effectiveness, easy access, transparency, and rapidity of DeFi yield farming, in addition to offering the security associated with a centralized financial ecosystem.
Moon Farm optimizes Yield Farming interest (APY/ APR) and provides users with the abilities to choose what farms they want to use, or the system will automatically determine the best farming strategies using the yield optimization engine.
Moonfarm’s advantages are simple process for users to access Defi farming with One Token Farming Pools (but very high APR compare to other centralized exchanges or Defi such as Auto Farm, Cake, Belt Finance), no Impermanent loss, no gas fee, deposit, withdrawal fee whatsoever. Users can withdraw at anytime, choose farming pools between multi chains such as Bsc, Eth, Polygon, Solana.
To start, the MoonFarm Finance team plans on accomplishing three main things:
- Cross chain swap from BSC to Polygon.
- Creating Pool Farm for popular Assets such as Quick, Polygon, Usdt, Usdc, Eth, Btc,…,
- Creating unique strategies to optimize yield for tokens on Polygon.
Bringing One Token Yield Farming to Polygon
Integrating with Polygon will help Moonfarm to connect with many great Defi projects such as Quickswap or Dfyn. Therefore, Moonfarm can open One Token farming pools with the liquidity from Defi projects on Polygon. Moonfarm’s users will also benefit from the thriving ecosystem being built on Polygon, which now includes some of the leading DeFi projects — Aave, Slingshot, and Sushi, just to name a few — making Polygon a perfect fit for us as we work to build scalable pricing infrastructure at the intersection of DeFi.
- Cross chain Swap to Polygon
With this move, users will be able to quickly deposit and withdraw funding from other chains to Polygon at a lightning speed. On MoonFarm, users can swap their assets to Quick, Polygon, other stable coins on Polygon and withdraw them to their Polygon Metamask.
2. Creating Pool Farm for popular Assets such as Quick, Polygon, Usdt, Usdc, Eth, Btc,…,
Moonfarm will be working to launch One Token vaults to give users access to unique strategies for optimizing yield on their funds.
As more protocols launch on Polygon and capture value the need for optimizing their yield will increase. This is the perfect time to bring MoonFarm’s One Token Vaults to Polygon and expand our footprint as the trusted place to put your funds to work regardless of the chain. The team intends to launch vaults as the final phase to this integration in Mid July, 2021.
Learn more about One Token farming from MoonFarm Finance.
About MoonFarm
MoonFarm is a DeFi and Centralized Finance (CeFi) hybrid yield farming aggregator. It provides the best of both worlds, offering all the cost-effectiveness, easy access, transparency, and rapidity of DeFi yield farming, in addition to offering the security associated with a centralized financial ecosystem.
About Polygon
Polygon 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 and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 350+ Dapps, ~128M txns, and ~1M+ unique users.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
Website | Twitter | Reddit | Discord | Telegram
Contact Us
Twitter: https://twitter.com/MoonfarmFinance
Telegram: https://t.me/MoonfarmFinance
Medium: https://medium.com/@MoonfarmFinance
Email: hello@moonfarm.finance
