World’s First Investment Loan Protocol PAXO Finance Launches Alpha Mainnet on Polygon
BANGALORE, INDIA / ACCESSWIRE /October 21, 2022 / Paxo Finance, a decentralized money market protocol that eliminates the inhibiting barriers in Defi, allowing users to invest MORE with LESS, launches its Alpha Mainnet on Polygon.
This is a huge milestone and a defining moment for Paxo Finance and crypto verse.
Even at the depth of a biting crypto winter that has seen most digital assets drop by over 90 percent from their Q4 2021 peaks, Paxo Finance's protocol provides an unprecedented opportunity to buy crypto at the dip.
Paxo Finance currently has one lending pool for liquidity providers to supply USDT. Lenders who provide liquidity will earn a variable annual percentage yield (APY). This APR will fluctuate depending on the market forces of supply and demand and the utilization ...