Kine integrates its cross-chain encryption derivatives protocol on Polygon
Kane Agreement, a Decentralized protocol The company has established a universal liquidity pool backed by a customizable portfolio of digital assets, and today announced that it has partnered with Polygon to bring highly profitable cross-chain derivatives transactions to the Polygon network to achieve further scalability and user adoption.
This integration will enable cross-chain asset transactions between Polygon, Binance Smart Chain and the Ethereum network, while reducing gas fees and alleviating concerns about increasing gas fees. Initially, the assets that can be used for staking will include BTC, MATIC, BNB, Kine, BTC/ETH Quick LP, USDC/ETH Quick LP, MATIC/ETH Quick LP, and Kine dApp to manage risks and distribute rewards.
“The launch of Kine Protocol is another example of the world’s smartest blockchain developers choosing Polygon as the basis for their innovation. We are delighted to provide a frictionless experience that allows users to experience the future of Kine protocol derivatives trading.”
– Sandeep Nailwal, co-founder of Polygon
with Polygon’s full stack The Ethereum expansion solution allows tens of thousands of Polygon users to log in at the same time to open and close derivatives positions without counterparties. In short, Polygon’s high-speed and low-gas-consumption infrastructure makes Kine’s functions—including pledges, casting, burning, rewards, and liquid agriculture—faster, providing a frictionless experience for all users.
“We look forward to developing the Kine Protocol community through Polygon and supporting Polygon’s mission to bring blockchain infrastructure to the public.”
– Wang Lei, CEO and founder of Kine Protocol