Polylastic gets Bonded!

As a builder of contemporary versions of the time-honored index trackers, Polylastic forthcoming products ooze with innovation. From direct staking to deflationary features along with a continuously iterating basket of assets, our aim to reinvent a traditional finance staple is well underway.

The promise of crypto is both being realized and continues to tantalize with possibilities. As Polylastic matures and releases, it will be clear that what we are building is not your father’s mutual fund but something far more dynamic. Historically, indexes are the safest, most profitable approach for investors. The dollar cost averaging into a group of promising assets is bear market proof but in tradfi, a static undertaking. Polylastic is doing so much more to ensure its growth by contributing to its own success. By now, users are familiar with Polylastic as aggregator with a focus on DeFi products. It brings marketing capabilities and captive communities to everything it does and now, thanks to Bonded Finance, is able to offer something more.

One of Bonded’s smart instruments bundles altcoins into a basket, mints synthetic Ethereum or USB (the Bond stable coin) against these assets, and allows that money earn yields when locked in a given DeFi contract. Bonded’s smart instruments offer index style products in their own right. One of the primary differences is that Polylastic holds assets under management so to speak. As POLX is staked, new assets are voted in versus users opting in and out.

In our initial exploration with Bonded, the concept of an integrative cross chain solution could allow for Polylastic assets to earn yield while they are being held, could bring yet another wrinkle into the future of DeFi. We’ve come together to explore how the assets of Polylastic and the POLX token can be utilized in our smart contracts so the tokens can have their own earning power. We are entirely complementary projects with a vision to make DeFi accessible, user friendly, layered and potent.

While traditional index funds are not new to crypto, the end-to-end pedigreed, active solution is missing. Polylastic as an aggregator, marketer and the ecosystem builder must be forward looking and utilizing the communal aspects of crypto to gain user-ship and promote DeFi is a step ahead. Securing yield for the projects we not only tout but hold is a coup. The builders and supporters of DeFi are our audience as we redefine money and set it on a globally inclusive course.

Bonded is here to help altcoins flourish by giving them the opportunity to earn. They are out to make the promising, less established become the established. Polylastic is much the same in spirit and we are proud to be partnering with Bond.

The Bonded platform was created to incubate and deploy experimental, high-yield, smart-contract driven financial instruments that push the bounds of open finance. Bonded is an algorithmic model that aims to unlock, aggregate, and de-risk ~50 billion in dormant value distributed amongst untapped digital assets by allowing supporters of qualifying altcoin projects the opportunity to leverage assets and realize their value.

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-Polylastic

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