Toshima, Tokyo, Japan, September 15, 2024, Chainwire
Polter.Finance has officially launched on Base Chain, bridging the gap between Fantom and Base. Polter.Finance is the leading lending and borrowing platform on Fantom and has now expanded to offer its services on Coinbase’s (NASDAQ:) EVM chain.
Meeting community demand
According to the team, after the $GEIST platform ceased operations on Fantom in the summer of 2023, there was a void that needed to be filled. Polter.Finance was created and launched in early 2023 to fill this need, using the same smart contract to provide a familiar and secure experience for users. Since then, $Polter has gained attention and adoption on Fantom.
Platform Features
Polter.Finance is a decentralized, non-custodial lending and borrowing platform where depositors can receive a portion of the interest collected on loans. To minimize risks for users, flash loans are disabled on Polter.Finance.
Expansion to the base chain
Polter.Finance's transition to the Base Chain aims to provide Base Chain users with new APR opportunities.
Market conditions and timing
The base chain supports innovative DeFi projects and has a large user base, making it a suitable environment for Polter.Finance.
Community and marketing
Polter.Finance has a small and dedicated community of $Polter Chads. The platform's fun social media presence and active Discord participation keep users informed and supported.
Governance
The Polter team has made significant progress in governance, introducing a community-controlled DAO that allows users to have a say in the future of the platform. Recent votes have led to the establishment of this DAO and provided airdrops to token lockers, rewarding those who participate in governance. This initiative ensures that the community remains at the heart of Polter.Finance. Daily discussions and active participation on governance take place on Discord, fostering a vibrant and engaged community.
Accessing $Polter
The $Polter token is currently available on SpookySwap and Equalizer on Fantom. The team is also planning to incentivize liquidity on Base’s Equalizer. The Polter team is bringing a friendly UI and UX to BASE, with a focus on utility and ease of use.
About Polter.Finance
Polter.Finance is a small, dedicated team focused on building the best lending app possible. The team stays in close contact with the community and incorporates feedback to continually improve the project. There is a lot of excitement around the launch of Base and it is hoped that the community will share the same enthusiasm.
Social and additional information
For more information and updates on Polter.Finance, users can follow their official social media channels:
Twitter:
Website:
Telegram:
Discord:
Disclaimer
The information provided in this press release does not constitute an investment solicitation nor is it intended to be investment advice, financial advice or trading advice. You are strongly advised to conduct due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrencies and securities.
Polter.Finance’s expansion to Base will offer users attractive APRs. Polter can introduce new assets to Base, which will provide users with additional opportunities to earn APRs. Polter offers a reliable platform thanks to a strong team and community.
ContactConor DuncanPolter Finance[email protected]
This article was originally published on Chainwire
