If you haven’t already heard about the first-ever farming program coming to Uniswap v3 on Polygon ($15m in incentives) then first off where have you been?
Second, welcome back. There’s a lot to unpack, including how you’ll be able to generate even more returns by adding Themis into the mix.
If you haven’t already put two & two together, yes, this means we’re deploying on Polygon.
Themis’ goal is to help the DeFi unlock as much liquidity as possible. We’re able to do this by letting users leverage yield-bearing assets, starting with Uniswap v3 LP positions, in order to borrow stablecoins and bluechip tokens like $MATIC, $WBTC or $WETH.
On Ethereum Mainnet, Themis has been a powerful tool for Uniswap v3 liquidity providers to unlock the value of their positions without ever withdrawing their initial capital from Uniswap pools. This grants them increased liquidity, allowing for greater capital efficiency while their Uniswap v3 positions remain open and continue to generate yield.
Polygon’s low gas fees will now make Themis more accessible as an investment vehicle for small and large traders alike. This opens up a plethora of new investment strategies that were previously infeasible.
Not only that, but now liquidity miners on Polygon will be able to maximize their rewards by leveraging their positions on Themis.
If you want to see how Themis can boost your Uniswap v3 LM yields just check out this video walkthrough.
As Uniswap v3 TVL continues to grow on Polygon, Themis will act as a valuable resource by allowing the community to leverage their assets to achieve increased liquidity and greater capital efficiency across the board.
And they will begin rolling out support for a much longer list of supported assets that will be available to lend and borrow on Polygon shortly after launch, granting these projects broader access to the DeFi community.
We’ve a very exciting TGE-related development right around the corner, so be sure to check back for updates soon…
We’re also rolling out an NFT giveaway for the first 1,000 users who use Themis on Polygon.
It’s time to unlock the $130m in TVL sitting on Uniswap on Polygon.
Head over to the Themis app now to get started!
With Themis, you’ll be able to borrow against your Uniswap v3 NFTs — something no other protocol currently offers.
That way your liquidity remains in the pool generating yield while unlocking additional value to use however you wish — the ultimate money lego!
In addition to collateralizing your LPs, Themis allows you to lend, farm, and even bid on liquidated positions in a Dutch Auction. Themis’ collateralized NFTs will offer much more utility than simply Uniswap v3 in the near future, but stay tuned as we’ll dig into that soon!
Follow Themis on their socials to stay updated:
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 7000+ applications hosted, 3.4B+ total transactions processed, ~135M+ unique user addresses, and $5B+ in assets secured.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, get started here.