PolyLego announced last Friday, August 27, through its Twitter account, its new strategic partnership with CremePieSwap.
“It is a great honor to introduce CremePieSwap to our metaverse, ‘the FIRST DEX and major AMM with participation, agriculture and compound interest in Polygon.’ CremePieSwap is an automated exchange and market maker, based on the Polygon network. The dApp aims to bring exponential growth to the MATIC chain just as PancakeSwap has brought success to the Binance Smart Chain”, he said through an article published on the Medium platform.
According to the company, CremePieSwap was founded by YouTube in f luencer, ‘Ken the Crypto‘, also known as Ken Llamas, who is also the founder of 100xCoin. Immediate success has followed since launch due to the enormous amount of support from the joint communities of three well-established projects on Binance Smart Chain: 100xCoin, LaunchZone, and Binance Army. All three of these communities have a solid follow-up and have come together for the development of decentralized exchange.
More recently, the company indicated that the founder of CremePieSwap has also partnered with Manny Pacquiao, considered one of the greatest boxers of all time. It seems that the projects are pointing to the moon. As they try to achieve this through expansive marketing, it is up to crypto market participants to reflect it in token value.
“We believe that CremePieSwap is the perfect partner to help us realize our vision. The reason we chose to list on CremePieSwap is because we are looking for the opportunity to reach a new audience that currently has no competition, and CremePieSwap has one of the strongest communities in Defi today”, he added.
How does it work?
The company noted that IDO’s launch time will be September 2 at 13:00 UTC.
• PolyLego will lock the liquidity in CremePieSwap with PLYG-MATIC LP, after which the merchant will be active in the CremePieSwap interface.
PolyLego Agricultural Performance Fund – Provides Liquidity to Earn PLYG Rewards
• Users will also be able to add liquidity to PLYG-MATIC LPs on CremePieSwap and then stake LP tokens on the PolyLego Pools page for performance. The rewards will be in PLYG tokens.
• Reward issues in PolyLego Pool will begin shortly after LP’s launch, to give users time to add liquidity and participation for yield farming.