Polynomial Integrates Ethena to L2 Network, Enhancing On-Chain Liquidity Layer
Publication Time:2024-07-31 10:06:05
The DeFi derivatives protocol Polynomial announced an important update, integrating Ethena into its Ethereum Layer2 network, PolynomialChain. This move aims to significantly enhance the on-chain liquidity layer by pairing the yield from providing liquidity with the capital yield of Ethena. For participating users, they can enjoy up to a 5x yield increase by simply moving sUSDe into the liquidity layer. This integration not only reflects Polynomial's continuous innovation in the DeFi space but also provides users with a more efficient and attractive liquidity management solution.
Layer2 Network
liquidity layer
DeFi derivatives
Ethena integration
yield increase