Polygon (Matic) launches a 100 million dollar fund to support DeFi adoption

The Indian Polygon project, which was created to find the solution of transaction speed and the maximum possible reduction of transaction fees, is establishing a fund to support DeFi adoption! As you know, we have done a separate article about this project in the past and have recommended it in CryptoTips since it was worth $ 0.01. Today it’s $ 0.90.

DeFi clearly has a promising future ahead of it, and the support of the Polygon (Matic) project within the fund has pleased many. They have set aside up to $ 100 million for their #DeFiforAll fund! A Polygon employee told CoinDesk that the funds would be used in the next two to three years.

Another great news is that Aave and Curve have recently created Polygon-compatible versions of their trading platforms. “We want to support the best DeFi protocols on Ethereum and help them grow with Polygon,” co-founder Sandeep Nailwal said in a statement, adding:

“Polygon is committed to making DeFi accessible to the next million users.”