Details on the Multichain Future of MoonPots

In an exclusive interview, Moonpots reveals its ambitions to connect to other blockchains, which will benefit $POTS investors.

MoonPot has updated its fans on its multi-chain initiatives, including the Win-Win savings and the GameFi platform on Binance Smart Chain (BSC). As a result of this, the protocol has been extended to Polygon and Fantom.

On January 27th, the Moonpot news portal informed the community of the protocol’s progress. Updated instructions were also sent out over social media on Thursday, February 4th. It was stated on the blog that Moonpot would begin its life on Polygon before moving on to Fantom.

“Currently set in our sights is a release on Polygon first, followed by Fantom. However, this is totally dependent on a number of factors we’ll cover later,”

To improve $POTS holders’ and Ziggy’s pot stakers’ profits, the protocol says, the network will grow to other networks. Owners of Moonpot’s $POTS token enjoy voting rights and a cut of the platform’s earnings.

“$POTS holders should also benefit from the increased utility of the token. A multi-chain experience should also have a positive effect on our TVL, meaning stakers in Ziggy’s Pot benefit from increased profits,” Moonpot wrote.

Moving Forward

As of this writing, no date has been provided by Moonpot for the implementation of the expansion. To be sure, the site suggests that users may begin stakeing $POTS on a variety of various chains in the near future. There are currently smart contracts in place to ensure that Moonpot’s expansion goes as planned.

“As of yet, we have no official date to provide. Completion of our multi-chain expansion requires the coordination of our partners, dev team, and marketing. We’re already working on the smart contracts, and as per usual, trying to make sure we get boosts for new pots too. What we can say is that you’ll be staking in Moonpots across multiple blockchains in the not too distant future,” Moonpots wrote about its progress in developing the multi-chain service.

What is Moonpots?

On Binance Smart Chain (BSC), Moonpot is a win-win lottery designed to enable as many individuals increase their assets safely and securely while also having fun. With Moonpot savings vaults, anyone may enjoy DeFi interest rates that are bank-beating. One of the great advantages of saving with Moonpot is that you never have to worry about losing your money.

 

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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