Michael Oluseye
2 min readAug 3, 2021

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DefiDollar & Badger DAO synergized with Polygon Network for integration of interest bearing to users

INTRODUCTION

The Blockchain platform system has recorded another milestone collaboration as BadgerDAO and DeFiDollar merged together to synergized with Polygon platform to integrate the implementation of interest DeFi bearing which provides answers to the accessibility of disintegration of user’s token stacked address in the Polygon system.

ABOUT POLYGON

Polygon is a platform system that provides scalable answers to aggregating network system through connecting of compatible Ethereum blockchain platform together.

CONCEPT OF DEFIDOLLAR

DefiDollar is a dynamic multichain network system that implements DeFi protocol Lab in providing product spanning indices options for its users.

MEANING OF BADGERDAO

BadgerDAO is a frictionless protocol network which is conscientious in creating of infrastructure through collection of collateral in terms of BTC across the smart chain network system.

BENEFITS OFDEFIDOLLAR & BADGERDAO PARTNERSHIP WITH POLYGON SYSTEM.

The synergy of these blockchain system will provides the creation of frictionless liquidity pool on SunshiSwap for WBTC/ibBTC, thereby making ways for incentive rewards on optimal yield and farming strategies that involves the utilization of BTC on Polygon network by the token holders and users of the platform system.

Furthermore, the building of more liquid on the platform system through their collaboration will enhance the seamless transfer values across the multiple chains within the same ecosystem by their users which will pay way for those who hold BTC on the system platform to continually earn interest on Polygon network.

DeFi dollar & BadgerDAO will effectively unlocked all the staked assets of token holders on Polygon network by implementing adoption of interest –bearing method of Bitcoin, thereby creating further networks system for explosive growth for seamless accessibility of products for users for maximum utilization.

CONCLSION

This synergy is an exciting development for Ethereum developers and users of included platforms for the optimal yield benefits, the collaboration brings to the community members in the ecosystem at large.

For more information, kindly visit https://polygon.technology

Article Written By: Adasofunjo Michael Oluseye

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