Top 5 PolyQuity Dollar Competitors & Alternatives

PepeTeam Bridge is a system that allows to transfer assets quickly and cheaply from one blockchain to other ones. The Bridge is based on the core architectural element called PepeTeam Crosschain Iteraction Protocol (CIP) which allows blockchain applications (smart contracts) to invoke other applications in various networks. The Bridge mechanism consists of locking (releasing) assets on smart contracts in one blockchain and minting (burning) equivalent amount in the other one, so users have the opportunity to prove their assets property backed.

PolyQuity is a decentralized borrowing protocol that allows you to draw interest-free loans against Matic used as collateral. Loans are paid out in PUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%. In addition to the collateral, the loans are secured by a Stability Pool containing PUSD and by fellow borrowers collectively acting as guarantors of last resort. Learn more about these mechanisms in our documentation.

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