Decentralized finance lending platform (DeFi) Cream Finance has announced an upcoming integration with its Layer 2 scaling solution on Ethereum, Polygon.

Cream Finance’s smart contract marketplaces allow users to borrow and lend secured assets. According to Cream, the integration with Polygon, which has a total lockdown of $ 8.64 billion, will result in faster transaction speeds, lower gas charges and access to additional markets for users.

At the time of launch, Cream users will be expanding to borrow and lend 10 different crypto assets including USDC, USDT, DAI, WMATIC, WETH, WBTC, Chainlink (LINK), SushiSwap (SUSHI), Curve (CRV) and QUICK.

At launch, users can offer and borrow tokens in the following markets: USDC, USDT, DAI, WMATIC, WETH, WBTC, LINK, SUSHI, CRV, QUICK.

Polygon Markets are made with $ MATIC Liquidity reduction.

LM details will be announced.

– Cream Finance (@CreamdotFinance) June 29, 2021

Polygon (MATIC) grows magically as institutional investors put money into Polygon, as the demand for an Ethereum-compatible blockchain network grows, DeFi developers and users flock to the platform to find cheaper gas fees and fast block times.

And Cream isn’t the only platform currently working with Polygon. The NFT sandbox phenomenon also heralded the integration of Polygon as the ultimate solution to the platform’s development strategies.

▶ ️Migration to the Layer 2 solution @ 0xPolygon
▶ ️Carbon compensation everyone #NFT embossed & tx on our marketplace via @offsetra @nori
▶ ️Afforestation efforts as a whole with @WeForest_org

More on how we are moving towards a greener ecosystem ????https: //t.co/h1o7T74O4u

– The Sandbox (@TheSandboxGame) June 29, 2021

Synthetic

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