Source : cryptodaily.io
Mobius Finance will utilize Polygon’s full-stack scaling to provide an efficient and low-cost trading experience.
Mobius Finance is live on Polygon to create a decentralized multi-asset trading protocol that allows an uncensored trading ecosystem that can support any financial instrument, including off-chain assets such as ETF, commodities, stocks, bonds. Users will enjoy zero slippage and unlimited liquidity based on their quote-driven markets.
Polygon is a Layer-2 scaling solution created to help bring mass adoption to the Ethereum platform. It has been consistently improving its scaling mechanisms by potentially making use of Optimistic Rollups and ZK Rollups. These scaling solutions powered by Polygon provide an efficient and low-cost trading experience for their users.
At inception, MATIC will be one of the collaterals supported, as well as DAI and MOT. This empowers additional utility for MATIC holders by allowing them to trade in a variety of markets on Mobius, which is made possible by introducing a novel automatic-debt-balancing algorithm to improve liquidity & proposes a solution to the platform debt problem. Mobius Finance also integrates with multiple leading protocols on Polygon, such as Aave, Curve, etc by supporting their LP tokens.
Mobius Finance officially launched on Polygon on November 12th at midnight (UTC+0), trade without limits now, and visit mobius.finance.
Moving forward, the Mobius protocol will continue to build further with the Polygon ecosystem and establish a DAO with tools to govern and empower the community. Simultaneously, Mobius Finance will continue to listen to feedback from their users and improve the protocol.
About Mobius Finance
The Mobius protocol is a decentralized trading platform that can create and trade any synthetic asset, powered by their risk control algorithm. They offer low fees and high transaction speeds thanks to Polygon. Be a part of their journey.
Join them today!
Telegram Announcements: https://t.me/MobiusFinance_Ann
Telegram Discussions: https://t.me/mobius_finance
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 3000+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.