Plasma.Finance Portfolio Management, Bridging, Gas Station and HyperDEX Swap Now Supports Optimism…

4y ago•

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Plasma.Finance is pleased to announce yet another addition to our growing family of supported DeFi networks: Optimism L2.

With this latest addition:

You can interact with Optimism with a full range of swapping/trading actions via our infinity DEX aggregator HyperDEX;
transfer assets between our existing 6 chains (Ethereum, Polygon, Binance, Avalanche, Fantom and Celo) to Optimism; and
Manage your crypto and DeFi holdings with Portfolio Management
You can swap tokens and pay gas fee with any token (Plasma Gas Station)

Because Ethereum is still where the majority of DeFi liquidity and activity takes place, we see Optimism’s role as a Layer 2 Optimistic Rollup network utilizing the strong security guarantees of Ethereum while reducing latency and cost as crucial to the space. Thus, with Optimism support, we believe Plasma.Finance’s DeFi offering is now strengthened as our users can also benefit from reduced latency and cost when interacting with EVM networks.

Single-Step Cross-Chain DeFi, now with Optimism L2

While decentralized finance (DeFi) has allowed anyone with internet access to delve into a plethora of financial products and services over the blockchain, DeFi protocols and networks remain splintered across the ecosystem.

Transferring native assets from one chain to another is a cumbersome and costly process, opening up more risks for the DeFi investor with possible errors along every additional transfer step.

Thus, Plasma.Finance views cross-chain interoperability as one of the most crucial improvements for DeFi, allowing direct communications between different blockchains, simplifying the transfer, trading, and portfolio management process for users by allowing single-step transactions all from the Plasma.Finance dashboard.

With Optimism added to Plasma.Finance, you get another Layer 2 solution that uses most of the major components of Ethereum using a unique architecture to reduce transaction costs while improving increase transactional capacity. The result? Faster chain transactions at lower costs.

The best protocols with the deepest liquidity

DeFi is an amazing revolution in the world of crypto and finance, yet can be complicated to navigate. Plasma.Finance is the simplest route to gaining complete control and absolute access to the very best that DeFi has to offer. Everything in one intuitive dashboard for convenience and ease of use.

Buy, store, and manage the most popular DeFi tokens with our HyperDEX product which automatically discovers the best rates and deepest liquidity for your desired swap, executing your swap seamlessly across all the major blockchain networks: ETH, BSC, Polygon Avalanche, Fantom, Celo, and now, Optimism.

Unifying DeFi liquidity with true interoperability and ease of use. That is how we will drive DeFi adoption.

Bridge for L1/L2 > Optimism: https://apy.plasma.finance/#/bridge

HyperDEX swap for Optimism: https://apy.plasma.finance/#/hyper-dex/market

Join the Plasma.Finance community for more ways of decentralized DeFi transaction. You can also stay up to date with our development via our website & social media channels: