PERI Finance Integrates Polygon Network

Pynths Protocol
PERI Finance
Published in
2 min readJul 5, 2021

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We are pleased to announce that PERI Finance will integrate the Polygon network, a protocol for building and connecting Ethereum-compatible blockchain networks.

Peri Finance has entered into a strategic partnership with Polygon to solve the problems that the Ethereum network faces, such as the high gas fee, slow transaction speed, and security.

At the moment, the leaders of synthetic assets pay more attention to high-end users, where high-end refers to users with better financial knowledge, technical capabilities, and financial strength.

Through this partnership, PERI Finance is integrated into the Polygon network and PERI Finance will be adopted by mainstream market as well as daily traders to participate in PERI’s decentralized, cross-chain synthetic asset issuance and derivatives exchange.

We are extremely happy to work alongside Polygon as a long-term partner and congratulate the Polygon community on the recent successful growth.

About polygon

Polygon is the representative protocol and a framework for building and connecting Ethereum-compatible blockchain networks.

Built with the Polygon SDK, Polygon allows the best of Ethereum and multi-blockchains into a full-fledged multi-chain system. The Ethereum network today often faces operational limitations due to high gas fees, slow speed, and security. Polygon improves upon previous pains by leveraging the high performance made possible through combining the blockchain network with optimistic rollup chains, ZK rollup chains, and stand-alone chains.

Polygon offers consensus and governance modules as well as a variety of execution environments and virtual machine implementations. Through the above modules, developers can easily deploy their own custom blockchains, and blockchains launched in this way are designed to benefit from the Matic sidechain(Standalone chain), which uses a network of validators to dramatically increase the speed of transactions and cut fees down.

Please read the link below to find out more about the set of features available on Polygon.

Website | Telegram | Twitter

About PERI Finance

PERI Finance is an innovative synthetics issuance and derivatives market that utilizes blockchain technology to supercharge trades through its protocol.

PERI Finance allows accessing a wide range of both traditional financial and crypto assets in the form of leverage and non-leverage synthetic products. We empower users with the lower GAS fee, speedy transactions, and ample security from front-running or flash loan.

Website | Twitter | Medium | Discord | Telegram(Global)

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Pynths Protocol
PERI Finance

Pynths Protocol is developing 'PERI Finance', a decentralized cross-chain synthetic issuance and derivative exchange and 'NEND', an NFT monetization platform