Defi Cream Finance protocol will add support for Polygon - Bits Media

Cream Finance Decentralized Lending Protocol Announces Immediate Integration of Polygon Level 2 Solution to Increase Transaction Speed and Reduce Fees.

Cream finance cash markets, Working on smart contracts, allow users to borrow and To strip supported assets. According to Cream Finance, Adding Polygon support will allow the Defi protocol to ensure a higher transaction speed, Reducing gas fees and access to additional markets for users. After integration, the exact dates of which are unknown, Users will be able to occupy ten crypto assets, Including USDC, USDT, DAI, WMATIC и LINK.

The popularity of the second -level solution for the scaling of the Polygon Etherium continues to grow: Institutional investors invest money in Polygon, And the developers and users of Defi are interested in a solution due to the possibility of reducing commissions. Cream Finance is not the only Defi credit platform, which joined the efforts with Polygon. Earlier this month, Defi Kyber Network, also announced the addition of support for the decision.

According to Cream Finance on Twitter, The protocol markets on Polygon will be stimulated by the possibilities of Matic liquidity mining. Besides, For Cream Finance assets on Polygon will use the capabilities of ChainLink oracles. Recall, that earlier developers for scaling the Polygon Etherium have announced the launch of a universal tool to ensure data accessibility called Avail.