Market brings isolated pools to the Polygon network

Introducing Market

Bringing Isolated Pools to Polygon

We are introducing the Polygon community to isolated pools, allowing anyone to create a pool for borrowing & lending assets. Isolated pools mean that the risks of one market doesn’t overflow into other markets. The pool creators can set up the pool to suit their communty’s risk profile without creating additional risk for other pools, meaning they choose their Oracles (pricing “APIs”), interest rate curves, liquidation terms, fees, etc. Token holders can choose between competing pools with different terms to maximize their yield according to their risk profile.

Preliminary Roadmap of Market

Our short-term mission with Market is to enable the Polygon community to make the most out of isolated lending markets. Medium-term, we want to help regular people be part of the governance for isolated markets. The long-term mission is to democratize access to financial tools and collateralize every global asset.

On the journey of democratizing finance

Our mission is to make crypto borrowing & lending accessible for everyone. Unfortunately, for the average person, the fees required to enter & exit a yield pool generally means that they could only put their biggest holdings into staking — while traders know that the fees are too high to even consider getting short-term interest.

Making Lending Markets a DeFi-pillar-stone

The roadmap ahead, in short, medium, and long-term, is packed with exciting milestones.

Collateralize NFTs and other exotic assets

So far, collateralization of exotic assets like NFTs was only possible if you had special contacts and high-value items. However, this changes as Market is soon to meet an NFT Oracle.

More active & sophisticated DAO Governance

Technology contributors, token contributors, and Rari DAO will aid in instantiating the Market DAO. Deployment by Rari DAO ensures decentralization and audit of all off-chain consensus on the launch of the Market DAO.

Keep updated

Check out all live pools and metrics on our website market.xyz. Follow the official Market Twitter handle, and join the discussion in Discord. Stay tuned!

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