Highlights
- Idle Protocol will boost yield infrastructure for the financial players
- Idle will allow businesses to generate yields and manage on-chain treasuries
The launch of the Idle protocol on Polygon has been lauded as an exciting development in many quarters. This is coming shortly after the $700K B2B Polygon Program announcement. The launch of the Idle Protocol on Polygon will bring about DAI, USDC, and WETH Best-yield strategies.
For those just learning about the Idle Protocol, it will interest you to know that Idle is a unique protocol DAO that is uniquely designed to build yield infrastructure for the next generation of financial players. From hackathon projects to top protocols, businesses of every size can leverage the Idle Protocol to generate yields while also managing their on-chain treasuries.
What Idle Protocol Means To The Community
Thanks to Idle Protocol making its debut on Polygon, users can now easily access Polygon’s yield aggregation along with automatic optimization features. For builders on the Polygon network, Idle is poised to be the smartest, easiest, and most flexible way for customers to earn yields via the products they are building. With the Idle Protocol, builders have one integration to rule them all.
Idle Protocol Will Reward Integrators
Besides all the excitement that comes with optimized yield following the deployment of Idle Protocol on Polygon, protocol integrators will also receive MATIC rewards generated from underlying yield scores. In terms of numbers, protocol integrators will be able to access up to 20+ performance increases which they can deploy to boost composable solutions. With this incentive, Idle protocol is gradually working its way to the top and may, in no distant time, become the standard yield solution for projects that will launch on the Polygon network.
Additionally, Idle infrastructure will eventually support additional underlying lending primitive as well as future liquidity mining campaigns that will be spearheaded by downstream protocols.