Polter.Finance is officially launched on the Base Chain, bridging the gap between Fantom and Base. Polter.Finance is the leading lending and borrowing platform on Fantom and has now expanded to offer its services on Coinbase’s EVM Chain.
Meeting Community Demand
According to the team, after the $GEIST platform ceased operations on Fantom, in the Summer of 2023, there was a gap that needed to be filled. Polter.Finance was created and launched in early 2023 to meet this need, using the same smart contract to provide a familiar and safe experience for users. Since then, $Polter has gained attention and adoption on Fantom.
Platform Features
Polter.Finance is a decentralized non-custodial lending and borrowing platform where depositors can receive a portion of the interest charged on loans. To minimize risks for users, flash-loans are disabled on Polter.Finance.
Expanding to Base Chain
Polter.Finance’s move to the Base Chain aims to provide users on the Base Chain with fresh APR opportunities.
Timing and Market Conditions
The Base Chain supports innovative DeFi projects and has a large user base, making it a suitable environment for Polter.Finance.
Community and Marketing
Polter.Finance has a small, dedicated community of based $Polter Chads. The platform’s fun social media presence and active discord engagement keep users informed and supported.
Governance
The Polter team has made significant strides in governance, introducing a community-controlled DAO that empowers users to have a say in the platform’s future. Recent votes have led to the establishment of this DAO and provided airdrops to token lockers, rewarding those who participate in governance. This initiative ensures that the community remains at the heart of Polter.Finance. Daily discussions and active engagement about governance take place on Discord, fostering a vibrant and involved community.
Accessing $Polter
The $Polter token is currently available on SpookySwap and Equalizer on Fantom. The team is also planning to incentivize liquidity on Base’s Equalizer. The Polter team is bringing a friendly UI/UX to BASE, with a focus on utility and ease of use.