Taker Protocol Builds on Polygon to Save NFTs from Illiquidity

Taker Protocol
2 min readJun 2, 2021

We are thrilled to announce Taker Protocol’s support to Polygon (previously known as Matic Network) to build scaling solutions for various strategies to optimize liquidation on NFT assets.

Polygon’s rapidly growing NFT market and Ethereum interoperability will greatly enhance Taker’s vision of becoming the leading high-efficiency NFT lending protocol. The collaboration is mutually beneficial for both parties to build diverse ecosystems, nurture communities, and accelerate the development of a more functional NFT infrastructure. Polygon will continue to provide technical support for the Taker developer team on commit chain implementation.

Taker & Polygon — Efficient Layer Use Cases

As a specialized liquidity protocol, Taker will further complete Polygon’s environmentally friendly and affordable NFT infrastructure. The NFT buyers on Polygon will now have the opportunity to explore different liquidity options while invested in the NFTs. Moreover, Taker will introduce quality NFT assets from other blockchains for users on Polygon.

Polygon’s thriving NFT marketplaces and platforms will foster Taker’s growth with abundant NFT sources and vibrant communities. The collaboration enables us to scale up our Ethereum utility and reach more NFT enthusiasts in a more energy-efficient approach.

The partnership ensures coordinated development of the protocol, providing pragmatic and effective application scenarios for NFTs and Layer 2 networks.

About Polygon (Matic)

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 350+ Dapps, ~168M txns and ~1.1M+ unique users.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.

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About Taker Protocol

Taker is a multi-strategy NFT loan protocol to optimize liquidation on NFT assets with P2P and Pool solutions across chains. We arm your NFTs with DeFi tools. We are the first loan protocol to accommodate the Uniswap V3 LP tokens and many more innovative digital assets in the future. Taker saves your NFTs from dead illiquidity.

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Taker Protocol

Taker is an NFT financial infrastructure project, that aims to provide extended financial applications to NFT assets.