Decentralized finance (DeFi) protocol Flurry Finance, which offers cross-chain yield farming, will deploy its utility token RHO and its governance token FLURRY on the Polygon network Dec. 1. A trio of RHO tokens – rhoUSDT, rhoUSDC and rhoBUSD will also be available on the same day.
Flurry Finance announced its Polygon partnership this past August. Since the late summer they have launched a mainnet on Ethereum and Binance Smart Chain, debuted their product on Binance Smart Chain, and attracted $3 million in total value locked in their first month.
“It is an honor for us to bring a simple, easy-to-use and automated yield farming interface to the Polygon community. The advantages that Polygon Network brings will take us a step closer to achieve one of our first mottoes — DeFi for all. We have been anticipating this deployment since we announced the partnership this August,” said Mike Ting, CEO of Flurry Finance.
Noted blockchain security and smart contract auditing firm CertiK successfully audited Flurry’s smart contracts before their deployment on Polygon, Flurry said in a release.
“The expansion to the Polygon network will bring more yield farming strategies to be deployed, as Flurry Finance expands its footprint in the DeFi space,” the company said. “The coming deployment on Polygon Network would incorporate strategies onto Aave and SushiSwap, which have the largest liquidity pools on the network chain. The promise of decentralized finance is one of freedom and self-determination. Flurry Finance is committed to bringing DeFi to the hands of everyone on the planet, with a simple interface, optimized yield strategies, and lower gas fees.”
The Flurry IDO began Sept. 6 on CardStarter, which is a Cardano-based launchpad. Its trading pairs are now available on Uniswap, Pancakeswap, Gate.io and MEXC.
Also coming is a new staking reward campaign, called the Snowball.