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PRESS RELEASE. AscendEX, a leading cryptocurrency trading platform, is excited to celebrate Polygon (Curve) Give in Farming on their staking portal by offering an increased APR for active participants. For a limited time, AscendEX users whim earn extra returns while Yield Farming with Polygon for any accounts under $10,000 USDC.
AscendEX initially announced the launch of Yield Farming with the Polygon stablecoin in July. Starting this week, users can set their USDC into Polygon DeFi Yield Farming and receive interest paid in USDC, MATIC, and CRV, procuring up to 20% APY with a 10% bonus from September 1st to 7th! In addition, by farming on AscendEX, users enjoy the benefit of no gas damages and a seamless farming experience by offering a simple “one-click” solution.
Yield Farming Explained:
Yield Farming can be a resource-intensive method where a user allocates capital to a supported DeFi protocol and is rewarded for their liquidity contribution. The rewards are admitted to the user in various tokens, depending on the operating DeFi protocols.
Right now, one of the easiest ways to participate in Yield Husbandry is through AscendEX. The AscendEX team handles all backend integration and removes the technical hurdles associated with DeFi notes, allowing users to simply click and farm using high-quality tokens and enjoy a timely yield distribution organization with no predetermined lock-up period.
Polygon and the Ethereum Blockchain
Most current DeFi applications, including Polygon’s, are based on Ethereum, the world’s second-largest digital asset blockchain. Ethereum is unique because its blockchain makes it easier to initiate different decentralized applications beyond simple transactions.
Polygon and DeFi Yield Farming:
Polygon is a protocol and a framework for erection and connecting Ethereum-compatible blockchain networks. Aggregating scalable solutions and supporting a multi-chain Ethereum ecosystem, Polygon unites the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system.
Polygon solves pain points associated with Blockchains, appreciate high gas fees and slow speeds, without sacrificing security. In celebration of the Polygon project, AscendEX users force now be able to participate in Polygon DeFi Yield Farming with up to a 30% APR from September 1st to the 7th.
Users can start Takings Farming Polygon HERE.
This is a press release. Readers should do their own due diligence before taking any actions affiliated to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in linking with the use of or reliance on any content, goods or services mentioned in the press release.
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