Ink Finance expands onto the Polygon Network
Ink Finance is ready to go with its expansion onto the Polygon Network ! Ink Finance users can start & organize their DAO now with lower gas fees & higher operational speeds on one of the most promising scaling solutions on Ethereum!
Ink Finance continues to expand with deployments on the Ethereum, Avalanche, Binance Smart Chain, and now Polygon(ETH L2). All to provide various excellent features and network choices for DAOs to use as they utilize Ink Finance’s tools in governing and managing their fiscal assets. We are proud of all these improvements and expansions because they benefit the success of Ink Finance users across the board.
Polygon is a Layer 2 scaling solution for the Ethereum blockchain built to expand its infrastructure development. Polygon helps Ethereum become a full-fledged, powerful, multi-chain system that can execute a low fee, high transaction output of roughly 7,000 TPS (transactions per second), making it comparable to Visa. Unlike Ethereum’s commonly congested Proof-of-Work (PoW) consensus algorithm, in Polygon’s Proof of Stake (POS) commit chain, blocked transactions are confirmed by validators which scales the Ethereum network through its ability to solve inefficiencies that may hinder widespread adoption.
Ink Finance users can now verify management roles, create a DAO, set up treasuries, manage payments, and issue off-chain proposals with faster transactions and lower fees on the Polygon testnet!
How to get started with your financial DAO on Polygon?
Check out our detailed guide on how to get set up on Polygon.
About Ink Finance
Ink Finance is a one-stop financial management toolset that empowers DAOs with governance economy, asset or credit financing, investment management, and fiscal control, integrated via a plug-and-play framework. It aims to establish a gold standard for DAO financial management that can reshape financial organizations of the Web3 era.