• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
PolySnakeFinance logo

PolySnakeFinance

Total Users
0
Rewards
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Volume
The fiat value of incoming dapp transactions over a period of time
$0
Contract Balance
The total fiat value of assets in a dapp's smart contracts
$101
Category
- No data available.
Blockchain
Polygon
Language
- No data available.
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News

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Private credit has become the dominant force in the tokenized asset market, representing over half of the total RWA space.
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What is PolySnakeFinance?

Overview of the core features

PolySnake Finance developped the latest generation of yield farming. We originally developped PolySnake on the Ethereum Blockchain, but with the quick expansion of layers 2, we chose to take advantage of this techhnology on the Polygon ecosystem.

Overall, our platform takes advantage of a whole new buyback burning mechanism. Originally introduced by Goose Finance on the Binance Smart Chain, we tried to slightly improve the efficiency of such a mechanism in order to maximize the rewards while having a deflationnary system.

We are well aware of the infinite supply issue, as one may be deeply concerned by this, we will do our best to keep a deflationnary economics leveraging mechanisms such as Buyback Burning and Transfer Tax Burning.

  • Algorithmic Emission Reduction
  • Buyback and Transfer Tax Burning mechanisms
  • On-chain Referral Rewards
  • LP & Single asset Farming
  • No Migrator Code

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.