Polter.Finance Launches on Base Chain in Tokyo, September 2024
- Polter.Finance has launched on the Base Chain, expanding its services from Fantom to a new audience.
- The platform aims to provide users with attractive APR opportunities while ensuring a safe user experience by disabling flash-loans.
- The introduction of a community-controlled DAO empowers users to participate in governance, fostering community engagement and ownership.
Polter.Finance has officially launched on the Base Chain in Tokyo on September 15, 2024, expanding its lending and borrowing services beyond the Fantom network. This move comes after the $GEIST platform ceased operations on Fantom in the summer of 2023, creating a demand for a reliable platform in the DeFi space. The team aims to fill this gap by providing users on the Base Chain with new opportunities for attractive annual percentage rates (APRs). To enhance user experience and minimize risks, Polter.Finance has disabled flash-loans on its platform. The introduction of a community-controlled DAO allows users to participate in governance, ensuring that the community's voice is integral to the platform's future. Recent governance votes have led to rewarding token lockers with airdrops, fostering a sense of ownership and engagement among users. The Polter team is dedicated to maintaining a close connection with its community, actively seeking feedback to improve the platform. Daily discussions on Discord contribute to a vibrant community atmosphere, where users can engage in governance and share ideas. The team is also focused on creating a user-friendly interface on the Base Chain, emphasizing utility and ease of use. As the platform gains traction, it is expected to attract more users and liquidity, particularly with plans to incentivize liquidity on Base's Equalizer. The excitement surrounding this launch reflects the community's enthusiasm for the future of Polter.Finance and its potential to become a leading player in the DeFi landscape.