|
|
|
|
|
SINGAPORE, Sept 1, 2021 - (ACN Newswire) - Kine Protocol has partnered with Polygon to bring high margin, cross-chain derivatives trading to the Polygon Network for further scalability and increased user adoption.
Kine Protocol makes cross-chain asset transformation between Polygon, Binance Smart Chain and Ethereum network possible with lower gas fees, assuaging concerns about increasing gas fees on the Ethereum network. Accepted assets for staking include BTC, MATIC, BNB, Kine, BTC/ETH Quick LP, USDC/ETH Quick LP, MATIC/ETH Quick LP with Kine dAPP managing risk and distributing rewards.
Sandeep Nailwal, Co-Founder of Polygon, said, "The launch of Kine Protocol is yet another example of the world's brightest blockchain developers choosing Polygon as the foundation for their innovations. We're excited to facilitate frictionless experiences so users can experience the future of derivatives trading on Kine Protocol."
Kine Protocol's team has extensive experience in derivatives trading, with previous roles at HSBC and Merrill Lynch. By deploying general-purpose liquidity pools, Kine's DeFi protocol facilitates fast, transparent derivatives trading without the presence of counterparties.
Lei Wang, CEO and Founder of Kine Protocol, said, "We look forward to growing the Kine Protocol community through Polygon and supporting Polygon's mission to bring blockchain infrastructure to the masses."
With Polygon's full-stack Ethereum scaling solution, tens of thousands of Polygon users can log on at the same time to open and close derivatives positions without counterparties.
Polygon's high-speed and low-gas infrastructure makes Kine's features - including staking, minting, burning, rewards, and liquidity farming - even faster, providing a frictionless experience for all users.
About Kine Protocol
Kine is a decentralized protocol that establishes general-purpose liquidity pools backed by a customizable portfolio of digital assets. The liquidity pool allows traders to open and close derivatives positions according to trusted price feeds, avoiding the need for counterparties. Kine lifts restrictions on existing peer-to-pool (or peer-to-contract) trading protocols by expanding the collateral space to any Ethereum-based assets and allowing third-party liquidation.
Website: https://kine.io/
Discord: https://discord.gg/rzFpssXHcT
Telegram: https://t.me/kineprotocol
Twitter: https://twitter.com/KineProtocol
Medium: https://medium.com/@KineProtocol
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.
Website: https://polygon.technology/
Twitter: https://twitter.com/0xPolygon
Reddit: https://www.reddit.com/r/0xpolygon/
Discord: https://discord.gg/XvpHAxZ
Telegram: https://t.me/polygonofficial
Media Contact: hello@kine.io
Topic: Press release summary
Source: Kine Protocol
Sectors: Crypto, Exchange, Blockchain Technology
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
| |
Latest Press Releases
Unitree Robotics IPO Ignites Embodied-Intelligence Rally, Shoucheng Holdings (0697.HK) Faces a Dual Catalyst of 'Investment Realisation+Platform Re-Rating'
Mar 23, 2026 08:22 HKT/SGT
|
|
|
AEM and ASE Enter Strategic Partnership to Accelerate AI and HPC Test Innovation
Monday, March 23, 2026 8:00:00 AM
|
|
|
FILMART and EntertainmentPulse draw about 8,000 industry participants
Mar 20, 2026 20:40 HKT/SGT
|
|
|
TANAKA Announces Executive Appointments
Mar 20, 2026 20:00 HKT/SGT
|
|
|
MarketingPulse and eTailingPulse attract more than 1,700 industry professionals
Mar 20, 2026 11:42 HKT/SGT
|
|
|
Anticipation of Unitree Robotics' IPO Heats Up, Value Revaluation for Shoucheng Holdings (0697.HK) Expected
Mar 20, 2026 08:30 HKT/SGT
|
|
|
Global Capital Reset Takes Centre Stage at Hall Chadwick's U.S. Capital Access Forum in Singapore
Mar 20, 2026 07:00 HKT/SGT
|
|
|
U.S. Polo Assn. Unveils 2026 Spring-Summer Global Collection, Inspired by Coastal Charleston, South Carolina
Mar 19, 2026 19:00 HKT/SGT
|
|
|
Honda to Expand Motorcycle Production Capacity in India by Adding New Motorcycle Production Line to its Second Plant
Thursday, March 19, 2026 5:32:00 PM
|
|
|
Honda WN7 Electric Motorcycle Wins Gold Award at iF DESIGN AWARD 2026
Thursday, March 19, 2026 5:16:00 PM
|
|
|
|
|
More Press release >> |
|
|
|
