THELOGICALINDIAN - Both Polygon and Portal are committed to enabling users to move their agenda assets seamlessly beyond the DeFi ecosystem with the everyman accessible fees
Portal, a self-hosted wallet and accurate cross-chain Layer-2 DEX congenital on Bitcoin, has appear a cardinal affiliation with Polygon, bargain accepted as Ethereum’s Internet of Blockchains, to accord new catalyst to Bitcoin account in the DeFi ecosystem.
Portal offers fast, private, and defended diminutive swaps amid Bitcoin and added agenda assets.
Both Polygon and Portal are committed to enabling users to move their agenda assets seamlessly beyond the DeFi ecosystem with the everyman accessible fees.
Portal will facilitate WBTC/BTC and POS-WBTC to BTC swaps on its decentralized exchange. Polygon will run a abetment bulge on Portal DEX to accommodate advancing clamminess for diminutive swaps amid Bitcoin and POS-WBTC, WBTC, and added assets.
Portal controlling administrator Dr. Chandra Duggirala commented:
“Given that Portal is a DeFi band on Bitcoin, we are aflame to accomplice with Polygon to accredit WBTC/BTC and POS-WBTC to BTC swaps. We accept that accepting aqueous markets and enabling amount analysis will appropriately amount captivated Bitcoin based on accident and enables added account for Bitcoin.”
Polygon is the go-to ascent band-aid that has helped Ethereum become the definitive, axiological adjustment band of the growing Web3 ecosystem. It resolves the blockchain challenges like aerial gas fees and apathetic speeds after sacrificing security. Polygon’s amount basic is Polygon SDK, a modular, adjustable framework that supports architecture and abutting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Polygon POS, advised for adaptability and independence.
Portal’s Layer 2 and Layer 3 technology simplifies architecture censorship-resistant communications, media and one-click beheading of cross-chain swaps on top of the Bitcoin blockchain. It facilitates the private, off-chain beheading of “smart contracts” for asset issuance, swaps, staking, liquidity, derivatives, and more, all peer-to-peer, after third-party aegis or control.
Polygon is the aboriginal well-structured, easy-to-use belvedere for Ethereum ascent and basement development. It aggregates scalable solutions on Ethereum, and combines the best of Ethereum and absolute blockchains into a full-fledged multi-chain system. Polygon solves affliction credibility associated with Blockchains, like aerial gas fees and apathetic speeds, after sacrificing on security. Polygon’s ascent solutions accept apparent boundless acceptance with 400 Dapps, ~350M txns and ~1.5M different users.
Portal is DeFi congenital on Bitcoin. It makes barter unstoppable with anonymous, zero-knowledge swaps via the aboriginal accurate cross-chain DEX that’s trust-minimized. With Portal, DeFi becomes a account that anyone can provide, advancement anonymity aural open, cellophane markets with a aegis archetypal as able-bodied as Bitcoin mining.
Portal’s Layer 2 and Layer 3 technology enables architecture censorship-resistant communications, media and one-click cross-chain swaps, all on Bitcoin.
