Market

Flurry Finance deployed Polygon after reaching $ 3 million in just a month of launch

Flurry Finance deployed Polygon after reaching $ 3 million in just a month of launch.

Press release

Flurry Finance, a decentralized financial protocol (DeFi) that provides the DeFi community with efficient cross-chain productivity, is ready to deploy RHO utility tokens and FLURRY governance tokens on the Polygon network on December 1, 2021.

Since announcing its partnership with Polygon in August to optimize agricultural productivity, Flurry Finance has reached a number of milestones including:

  • Mainnet launched in Ethereum (ETH) and Binance Clever Chain (BSC) networks
  • Product introduced in the BSC network
  • Raised $ 3 million in Total Locked Value (TVL) within one month of product launch

The eagerly awaited expansion of Flurry Finance’s polygon network chain has become a reality with the FLURRY governance token and three RHO tokens – rhoUSDT, rhoUSDC and rhoBUSD – which will be available to all Polygon users on December 1, 2021.

“We are honored to provide the Polygon community with a simple, easy-to-use, automated interface for productivity farming. The benefits of Polygon Network will bring us one step closer to one of our first mottos – DeFi for All. We have been anticipating this rollout since we announced the partnership in August this year. ”Mike Ting, CEO of Flurry Finance, said.

Flurry is also launching a new staking rewards campaign called Snowball to keep users motivated.

Leading blockchain security and smart contract audit firm CertiK has successfully checked Flurry Smart Contracts for polygons prior to deployment. The integration will allow RHO token holders to enjoy Polygon’s fast and secure transactions with low fuel fees, enabling a seamless experience within the larger Polygon DeFi ecosystem.

The expansion of the Polygon network will bring more productive farming strategies to the fore as Flurry Finance expands its presence in the DeFi space. The upcoming implementation in the Polygon Community will combine strategies with Aave and SushiSwap, the companies with the greatest liquidity in the network chain. The promise of decentralized funding is one of freedom and self-determination. Flurry Finance is committed to delivering DeFi to everyone on the planet with a simple user interface, streamlined winning strategy, and lower fuel fees.

Short Summary

Flurry Finance has launched its FLURRY governance token on both the Ethereum network and the Binance Clever Chain, while the RHO token is currently only available on Binance Intelligent Chain.

FLURRY’s IDO was successfully launched on the Cardano-based CardStarter Launch Board on September 6, 2021. The trading pairs are currently available on Uniswap, Pancakeswap, Gate.io and MEXC.

Flurry Finance’s governance token has quickly gained acceptance with the success of the project’s initial liquidity campaigns. The FLURRY ecosystem continues to grow with new partnerships and newly announced bonus campaigns.

About Flurry Finance

Flurry is a DeFi protocol that enables profit aggregation with rhoTokens, which is linked 1: 1 to the underlying stablecoin. To achieve optimal fee-adjusted returns for users, it automates the tedious work of locking / unlocking and turning DeFi products on and off across different chains.

Current earnings aggregators are limited to Ethereum-based products or operate on a single chain, while FLURRY is geared towards cross-chain operations in order to get the best post-cost returns on other chains.

Twitter: https://twitter.com/FlurryFi

Telegram: t.me/FlurryFinance_Formal

News channel: https://t.me/FlurryFinance_News

Discord: https://discord.gg/t78aN3dmD2

Website: https://www.flurry.finance/

Contact

CoinX

Recent Posts

Logan Paul Net Worth: Famous YouTube Star And Boxer

Logan Paul has consistently ranked among the highest-earning YouTubers worldwide. In this article, let's explore…

1 min ago

Not Pixel Review: Discover the Engaging Art Game on Telegram

After the success of Notcoin, Not Pixel is the latest project that is attracting the…

4 mins ago

Tonhub Visa Card Brings TON and USDT Payments to EU Users

The Tonhub Visa card was launched, enabling the user to pay directly with his balance…

8 mins ago

BTC and ETH Options Expiry Sparks Volatility, Revealing $3.7B Notional Value

According to the Greeks.live, there was a significant expiry event this week, as 344,000 BTC…

1 hour ago

Bybit Expands Shunyet Jan’s Role to Drive Institutional Growth

Dubai, United Arab Emirates, 8th November 2024, Chainwire

1 hour ago

Upbit Expands Solana DEX with New DRIFT Trading Pairs

Upbit's planned listing includes DRIFT trading pairs for the Korean Won, Bitcoin, and Tether.

2 hours ago

This website uses cookies.