ForTube and Polygon are commencing a strategic partnership, which will include product integrations and co-mining

1 min readJun 17, 2021

We are excited to announce that ForTube has reached a strategic and technical partnership with Polygon.

The two parties will start cooperating together in several areas including building up DeFi communities and ecosystems, cross-chain compatibility and market expansion.

As a decentralized digital asset bank, ForTube’s product portfolio covers the ETH, BSC and OEC chains. The first version of ForTube on Polygon version support MATIC, DAI, USDC, USDT, wETH, wBTC, QUICK and LINK for deposits, borrowing and repayment. The program will simultaneously begin liquidity mining of the above currencies. The mining activity will last for 60 days.

When users deposit and borrow assets, they will receive a double reward of MATIC and FOR tokens. Polygon, as a Layer 2 solution, has adopted the Plasma framework and PoS validation to ensure asset security, solve scalability and usability issues, and provide a good operating experience for DApp users.

At the same time, developers do not need to pay high fees or get expensive equipment. Scalable smart contracts can be deployed for a small fee. As such, the number of DApps in the Polygon ecosystem has reached nearly 300, and the number of infrastructure and development tools has exceeded 60.

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ForTube is the world’s top DeFi lending platform launched by The Force Protocol.