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Polter.Finance Expands to Base Chain Enhancing DeFi Opportunities

Polter.Finance launches on Base Chain, bridging Fantom's gap and offering new DeFi opportunities with a focus on governance and community engagement
Published on 2024-09-16

Launch of Polter.Finance on Base Chain

Polter.Finance has officially expanded its decentralized lending and borrowing platform to the Base Chain, enhancing its services initially available on Fantom. This strategic move aims to bridge the gap left by the cessation of the $GEIST platform operations on Fantom in 2023.

Meeting Community Demand

Created to fill a void in the decentralized finance landscape, Polter.Finance launched in early 2023 with the same smart contract framework as its predecessor. This approach attracted attention and adoption within the Fantom community, offering users a familiar and secure environment.

Platform Features

Polter.Finance is a non-custodial platform where depositors benefit from receiving a share of interest from loans. Notably, the platform has disabled flash-loans to minimize risks for users, ensuring a safer lending and borrowing experience.

Expansion to Base Chain

The expansion to the Base Chain is set to provide new annual percentage rate (APR) opportunities for users. The Base Chain, known for supporting innovative DeFi projects, presents a conducive environment for Polter.Finance's offerings.

Community and Marketing

Polter.Finance enjoys a robust community, known as $Polter Chads, supported by active social media engagement and a vibrant Discord community. The platform's fun and interactive presence plays a crucial role in keeping the community informed and engaged.

Governance Initiatives

Polter.Finance emphasizes community involvement through its governance model, featuring a decentralized autonomous organization (DAO). This structure empowers users, allowing them to influence the platform’s future direction. Recent community votes have led to significant governance developments, including airdrops for token lockers.

Accessibility of $Polter

The $Polter token is available on SpookySwap and Equalizer on Fantom, with plans to incentivize liquidity on Base's Equalizer. The platform prioritizes user-friendly interfaces, enhancing utility and ease of use.

About Polter.Finance

Polter.Finance is driven by a small, dedicated team focused on delivering an optimal lending decentralized application. Their approach involves closely integrating community feedback to refine and enhance the project continuously. The excitement surrounding Polter's Base launch underscores a shared enthusiasm within the community.

Polter.Finance's expansion to the Base Chain is poised to offer attractive APRs and introduce new assets, providing users with diverse earning opportunities.

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