Partnership Announcement: DAOventures x Polygon (previously Matic Network)
Collaborating with blockchain’s best projects in a bid to fix Ethereum’s transaction limitations
As interest floods into the blockchain and DeFi space from all angles, the DAOventures team continues to partner with the world’s most innovative protocols and platforms on our mission to simplify DeFi and make it available to the masses. This includes offering easy to use products that are secure, cost efficient and able to scale,
Having recently announced a variety of partnerships, including our collaboratory efforts with MahaDAO to offer dual farming functionality to both the DVG and ARTH communities, we are excited to announce our most recent partnership with Polygon, formerly Matic Network.
Shaping the future of mainstream DeFi
The flurry of new DeFi protocols building on the Ethereum network has resulted in snowballing transaction fees and increasing transaction times; Polygon is quickly becoming recognized as a key player in the fight to scale the Ethereum network, with various solutions that aim to ease the pressure on the world’s second-biggest blockchain during this time of rapidly evolving technology.
Polygon’s network provides both the speed and cost-effectiveness that both Web 2, Web3 and DeFi project developers will need in order to create accessible and high-quality user experiences. By working alongside Polygon’s talented team of developers, the DAOventures team plans to adopt the platform’s innovation into DAOventures products.
Polygon x DAOventures
Our partnership with Polygon also means that users will be able to enjoy cheaper gas fees on the Ethereum network, which is an improvement on our current gas fees. We are committed to offering the DVG community the very best of DeFi and his includes offering the lowest transaction fee solutions we can find.
As we move further into 2021 and beyond, we will continue to utilise the expertise and support of the Polygon team to expand the functionality of the DAOventures platform, in turn creating value for both the Polygon and DVG community through our range of DeFi products and services.
“The Polygon team are experts in their field and have already proved themselves to be central figures in the Ethereum scaling movement — We are extremely pleased to join the existing projects that are utilising the Polygon architecture to offer scalable and cost-effective solutions and we look forward to future collaboration with the platform and team.” — Alvin Foo, DAOventures
Polygon is a fast-growing, side chain-based scaling solution that offers some of the lowest gas fees in the industry, fast transaction speeds, and a UX experience like no other. Its core component, Polygon SK, has been used in popular chains like Plasma, Optimistic Rollups, zkRollups, Validium, and Standalone. So far, its Layer 2 chains have been used in over 90 dApps and by over 200,000 unique users.
DAOventures is a DeFi robo-advisor and automated money manager platform. Imagine “Robinhood for DeFi”. It is our mission to make DeFi simpler, accessible & inclusive. We believe in creating a simpler, more accessible, and more open world that is permissionless, inclusive, and guided by our DNA of continuous learning, integrity, and transparency.