March 6, 2023

Arcana partners with Polytrade - Sustainable Yield for your Tokens

We're excited to announce our partnership with Polytrade! Join us as we work to create sustainable yield for your tokens in the world of decentralized finance.

Arcana partners with Polytrade - Sustainable Yield for your Tokens

Darkweb v2.0 public release is here

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What has changed in our latest release?

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All new features available for all public channel users

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Coding collaboration with over 200 users at once

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Real-time code save every 0.1 seconds

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With our Mainnet going live, we are onboarding great partners and supporting them in their web3 journey. In this effort, we have onboarded Polytrade Finance, a protocol bringing sustainable and secure yields to the Defi world. It lets you maximize earnings on your USDC holdings. Polytrade pools generate a yield from real-world assets with predictable and dependable yields, tokenised on-chain by the protocol. Polytrade lets you diversify your investments by allowing you to access different pools of opportunities with fixed-income returns & yield. 

Polytrade has hand-picked various borrowers, underwritten by their credit engine, and insured by 3rd party credit insurers such as AIG, Mercury, and Cofax. They have features like onchain invoicing, invoice matching & open engine for underwriting, which can make onchain lending and staking transparent.  They aim to develop a blockchain-based decentralised finance protocol that will harness the crypto world's massive liquidity pool to meet SMEs' working capital needs globally by tokenising real-world invoices and bringing them on-chain into the DeFi space.

Here are some of their investment pools: 

How can Arcana Auth help Polytrade?

Polytrade aims to onboard non-native web3 users using Arcana Auth SDK. Arcana Auth helps onboard users with familiar web2 social auth or passwordless auth without knowing how to set up wallets and manage keys. Once Onboarded, users get a Web wallet that doesn’t need any installation. This will help Polytrade scale and onboard users without any hassle. The auth and wallet features of Arcana’s Mainnet can help Polytrade to scale its offerings without needing to develop the tech in-house. This will let them focus on their core offerings while we take care of user onboarding. 

As a part of our onboarding commitment, we will be helping Polytrade by supporting them in areas around product, growth and community building and helping them launch on Arcana’s Mainnet.

Quote from Polytrade

At Polytrade, we strive to create an innovative ecosystem by sourcing liquidity from DeFi and traditional finance (CeFi) investors. Our decentralised global proof of trade (PoT) protocol acquires real-world assets that help borrowers unlock liquidity access.

Our mission is to create an ecosystem that will connect all parties, distribute information with greater transparency, and lower the risks for all involved. We are bringing along our expertise with over a decade of successfully running a trade finance advisory business. Excited to join forces with Arcana to give non-custodial wallets to our business partners.

Website | Twitter | Discord | Telegram

About Arcana Network

Arcana is Web3 infra for devs to launch and scale apps through its Auth, Store, and Access SDK. Arcana Auth is the first product to go live on Mainnet. With Arcana Auth, developers can simplify Web3 Authentication and improve user conversion rates by up to 90%.

Web3 apps use Arcana Auth SDK to quickly onboard users through plug-and-play social login and passwordless email login. In addition, users are given an Arcana in-app non-custodial wallet to sign transactions and manage tokens/NFTs without installing plugins.

Arcana has raised 2.7Mn USD from some of the leading investors and founders in the ecosystem, such as Balaji Srinivasan, Founders of Polygon, Woodstock, Republic Crypto, and Digital Currency Group.

Arcana’s Mainnet is now LIVE!

Official Links: Website | Telegram | TG Announcement | Twitter | Medium| GitHub | Discord|