Hassan Maishera
On Tuesday, Polygon Labs announced via X that Fluid, a leading DeFi protocol, has launched on the Polygon blockchain. Fluid Money Market has been deployed on Polygon mainnet, which brings the highest LTVs, lowest liquidation penalties, most competitive lending and borrowing rates, and best-in-class security measures for the Polygon users.
Fluid added that various markets will be available at launch. Lending assets available at launch include USDC, USDT, ETH, wstETH, and POL. Meanwhile, assets available on Vaults are ETH/USDC, ETH/USDT, wstETH/USDC, wstETH/USDT, wstETH/ETH, ETH/POL, POL/USDC, POL/USDT, WBTC/USDC, and WBTC/USDT. More assets will be added with time, based on the evolution of the market
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. POL is up 2% in the last 24 hours and trades at $0.2094.
