Kana Labs is proud to announce the addition of the Polygon blockchain ecosystem to all of our products. For Kana Labs, it is a chain-agnostic, multi-chain DeFi super app. We are working hard to increase the number of blockchain backed products in our product portfolio.
We currently support Solana, Aptos, and Neon EVM blockchain networks. The company’s ultimate goal and intention is to be known as an absolute multi-chain giant. Their overall strategy is to continue adding blockchain networks to their existing product ecosystem.
Incorporating the Polygon blockchain and its dApp ecosystem provides an opportunity to achieve the role of a DeFi super app with cross-chain liquidity. It also helps in linking aggregation functions while linking EVM and non-EVM arenas. Various EVM expansion plans are underway in the near future, including BSC, Arbitrum and Avalanche.
As for the Polygon blockchain, it is a Layer 2 network built on top of the Ethereum blockchain network. The Ethereum ecosystem has changed the entire scenario of the Web3 space by building many use cases related to the financial services segment such as DeFi, and further enhancing various use cases such as virtual reality, decentralized gaming and NFTs. . As a Layer 2 network, Polygon has been committed to highlighting the advantages of the Ethereum blockchain. This is in terms of the benefits users get in the form of faster transactions and lower costs.
The collaboration between these two entities will allow access to the vast ecosystem of dApps available on the market today. It also provides opportunities for users belonging to Polygon and various other supported blockchain networks to connect with more developers and end-users. It will also allow the user to perform swaps on his Polygon chain and cross to other chains such as Solana or Aptos.
Developers creating dApps on top of Kana Lab’s cross-chain bridge and using the liquidity aggregation layer will benefit tremendously as they can enjoy the benefits of all three blockchain ecosystems from a single UI or UX. I have.