I want to take this post to briefly analyze the highlights of the new Exchange that runs on the Polygon network called Polydex Finance.

Its staging has been very satisfactory. You can see the love and dedication they have put into it and if they meet the times and plans that have been set, it could compete with Polycat Finance, without a doubt.

Polydex Finance has the PLX token as a control center and is characterized by a partial Harvest system that prevents a withdrawal and massive sale of tokens within a few hours of doing Farming.

What makes Polydex so special and interesting?

The birth of this Exchange has gone unnoticed by most users in the first hours. Moreover, at this very moment, it is not yet listed in Dappradar and its TVL is not increasing too much either.

The positive part of all this is that if you have entered from the first, you will benefit for a longer time from the APY that the pools have. The negative part is that the price of the token will take longer to rise. It could be seen with good eyes, since the activity in the Exchange will be less intense and with it the sales of the token.

Polydex, although it does not contemplate it in its documents, has a protection system when it comes to Harvesting to avoid a massive sale of PLX tokens. When it comes to reaping our profits, 50% of them are blocked for 6 weeks. From this moment on, they will be released.

The best strategy would be to harvest twice a day, due to Matic's low commissions and if we wait longer a large part of our dividends will be blocked for a long time. During this period the token can depreciate a lot and theoretically, the profits as well.

It is the cheapest Exchange in the Polygon network today, only 0.5% fees per transaction. These fees are used to buy back PLX.

What I have not liked is that it lacks an audit at the moment, therefore in terms of security it must be said that they leave much to be desired. A despicable conduct that should be punished, because they come to tell us that verifying that your contract is legitimate, correct and without errors is not important, when it is the most important thing.

In liquidity pools, the most interesting is that of the PLX token with WETH. It offers an impressive APY. In all of them, the PLX token is obtained as a reward.