ChainPort has removed PORTX token liquidity from ETH, BNB, and Fantom and is in the process of concentrating DEX liquidity to Polygon.
Concentrating DEX liquidity on one chain will guarantee healthier liquidity and price action instead of spreading thin liquidity across multiple networks and different DEX protocols. PORTX will now have better liquidity on the Polygon network, which will benefit token holders and traders, as more liquidity will increase token volume and price stability. PORTX token holders can trade their tokens on Uniswap V3 Polygon and take advantage of increased liquidity.
PORTX token holders can bridge their tokens from any other supported blockchain to Polygon using ChainPort’s bridge. The bridging process is quick, secure, and permissionless. PORTX token holders must select their source chain and choose Polygon as their target chain.
Polygon (MATIC) is an Ethereum scaling solution, formerly known as Matic Network. Polygon enables developers to quickly and securely build and connect to Ethereum-compatible blockchain networks. It is designed to enable fast and low-cost transactions and to provide support for scaling and security.
To provide our token holders with the best experience and liquidity, ChainPort is now focusing token activities (staking, claiming rewards, paying fees, trading) on Polygon. Our token holders can expect the most advanced and secure blockchain technology and user experience from us.
We know that this change may require some token holders to adjust their trading strategies, and we apologize for any inconvenience this may cause. We are confident this change will give the general public of our token holders the best possible experience.
Bridge your PORTX tokens to Polygon today with ChainPort.