PaintSwap’s Third Cross-Chain Expansion: Navigating New Horizons on Polygon with Retro Partnership!

PaintSwap
Paint Swap Finance
Published in
2 min readAug 3, 2023

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We are delighted to share another momentous chapter in the PaintSwap journey — our third cross-chain expansion! This time, we set our sights on the dynamic Polygon blockchain, where our financial NFT marketplace will thrive like never before. But that’s not all — we’re thrilled to announce an exciting partnership with Stabl.Fi / Retro Finance, who will be granting us a special partner NFT!

Why Polygon? Polygon’s powerful scaling solutions and thriving DeFi ecosystem make it the perfect destination for PaintSwap’s financial NFT marketplace. This strategic move will enhance transaction speed and affordability, providing an exceptional user experience for our community.

A Dynamic Partnership with Retro: Teaming up with Retro is a moment of celebration for both projects. Together, we aim to redefine the fNFT space, fostering creativity, artistry, and innovation. The partnership will pave the way for a more inclusive and diverse fNFT marketplace.

Retro’s Generous Gift: As a testament to the strength of our collaboration, Retro is granting PaintSwap a unique partner NFT. This token symbolizes the unity of our vision and the journey we’re embarking on together.

Unlocking New Opportunities: PaintSwap’s expansion to Polygon and partnership with Retro represent our commitment to charting new territories in the fNFT realm. We aspire to be at the forefront of innovation, offering unparalleled opportunities.

Royalties:
As part of our collaboration, Retro will introduce a 5% collection royalty on their collection. This royalty will go directly towards incentivizing and rewarding fee-earning pairs on the Retro exchange through bribes. This mechanism ensures that users benefit directly from the platform’s growth and success, reinforcing our shared commitment to empowering creators in the NFT ecosystem.

Continuity in Commitment: To the PaintSwap Community Let’s not forget that our home is Fantom. BRUSH, our native token as with the other chains we have expanded to, remains exclusively on Fantom. The fees accrued from PaintSwap’s services on Polygon and other chains will be directed towards burning BRUSH tokens on Fantom. Our cherished Beardies & Colorful Coal holders can breathe easy knowing that this expansion does not change their distributions. They will keep receiving their distributions from Polygon fees as we continue to deliver value to our dedicated community.

Gratitude to Our Community and Partners: Our heartfelt thanks go out to our incredible community for your unwavering support. We extend our appreciation to Retro for their belief in our shared vision, and we’re excited to collaborate towards a brighter NFT future.

https://paintswap.finance/marketplace/polygon/financial/collections/veretro

https://twitter.com/Retro_finance

https://retro.finance/

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