13th July — We are excited to announce that Set, an asset management protocol, is now live on Polygon!
By launching on Polygon, Set intends to break the entry barrier for users to use decentralized asset management tools at minimal costs. Polygon’s full-stack Ethereum scaling solution will enable users to make gas-free and faster transactions on the platform.
Liquidity is a crucial factor for Set to provide an attractive value proposition for users to deploy on the asset management protocol. Set plans to tap our DeFi ecosystem projects such as SushiSwap and 0x for on-chain liquidity.
To access TokenSets on Polygon, users need to follow two simple processes:
- Using Polygon Bridge, move tokens from Ethereum to Polygon.
- Click the Sign In button and connect MetaMask. Select Polygon (Mainnet) from the drop-down. Check More
Using Polygon’s low-gas high-speed infrastructure, developers, investors, and managers will now experience a seamless user experience while using the platform.
We look forward to the growth of asset management tools with Set Protocol, an OG Ethereum project, and grow our ecosystem with other veteran projects such as Augur and 0x.
About Set Protocol
Set Protocol is an Ethereum-native DeFi primitive that leverages existing Open Finance protocols to allow for the bundling of crypto-assets into fully collateralized baskets, which are represented as ERC20 tokens on the Ethereum blockchain. These Set tokens act as structured products that represent the managers strategy, which others can replicate by simply holding the Set.
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About Polygon
Polygon 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 and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, ~350M txns, and ~13.5M+ unique users.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
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