Month: December 2021

Why Hermez represents a giant step forward for Polygon (and layer 2)

Polygon’s acquisition of Hermez is the first complete merger of two blockchain networks, and because both are layer-2 rollups, like DeversiFi, it’s a particularly intriguing deal for us. But this isn’t just a historic piece of M&A. It also represents a vital moment in the evolution of Polygon, one of the biggest and most influential …

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What you’ll find when you cross our new Polygon Bridge

We’ve built the first-ever bridge to Polygon from layer 2, which means users can explore the full benefits of decentralised finance with minimal associated costs. Using this bridge, DeversiFi users can transfer their assets to the Polygon ecosystem and vice-versa, without having to pass through the L1 mainnet and pay hefty gas fees for the …

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AMMs for noobs: Seven steps to understand everything

Automated Market Makers, or AMMs, are a form of algorithm that enable truly decentralised trading.  AMMs remove the need for trading partners, as well as traditional market makers. They allow trades to happen in seconds, using automatic pricing mechanisms. And they apply the principle of community funding, so the traders themselves can provide liquidity. Despite …

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Why our new rewards programme is like nothing you’ve seen on layer 2 before

UPDATE: DeversiFi has closed its trading rewards programme, effective Monday May 16, 2022 at 00.01 GMT+1. We have closed the trading rewards programme with a view to creating a better rewards structure for our entire community, and we will be rolling out new initiatives in the coming weeks. Further information on the liquidity part of …

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