Meta’s Instagram Partners With Polygon In NFT Push
Instagram will leverage the Polygon network to allow its users to post and share NFTs.
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Polygon
Daily Polygon DeFi ecosystem news. Daily updates on Polygon news, apps and hacks.
Polygon Taps Zero-Knowledge Proofs For New Identity ServicePolygon Plans to Use ZK for New Wallet App
Polygon Plans to Use ZK for New Wallet App
Polygon Embraces ZK in Anticipation of Ethereum’s PoS Shift
How to Connect Polygon to MetaMaskHere's How to Put Your Ethereum Wallet on a Layer 2 Network
Here's How to Put Your Ethereum Wallet on a Layer 2 Network
Here’s How to Put Your Ethereum Wallet on a Layer 2 Network
Aave Launches Souped Up V3 on Fantom and AvalanchePlans Ethereum Release at a Later Date
Plans Ethereum Release at a Later Date
Aave V3 lowers gas and quickens load times.
Synthetix’s Kain Warwick: What it Takes to Scale an Ethereum DeFi Protocol
This week, we sit with Kain Warwick, DeFi OG and founder of Synthetix. In some ways, last year wasn’t a great one for the synthetic assets protocol. As many DeFi projects boomed, SNX’s price and TVL dropped. Kain says he was too optimistic about how soon Synthetix would be able to scale with optimistic roll-ups. If he …
Synthetix’s Kain Warwick: What it Takes to Scale an Ethereum DeFi Protocol Read More »
Aave Cranks Up Institutional Play With Launch on Layer 2 Networks
Aave Arc inked deals with Layer 2s Optimism and Arbitrum as part of its strategy to attract institutional investors.
Sunflower Game Throws Wrench in Polygon’s Gears
Fees on Ethereum scaling solution Polygon are surging to record highs. The cause? A game. Polygon gas prices spiked to an all-time high of a 410 Gwei average. That’s nearly twice as much as the previous high of 226 posted on Dec. 4, according to Polygon’s block explorer.Â
Polygon’s Surprise Code Change Triggers Questions and Controversy
A Polygon update has triggered controversy over its decentralization status.
Zero-Knowledge Pioneer StarkWare Launches Layer 2 Rollup Network
StarkWare unveiled a new layer 2 rollup network powered by zero-knowledge proofs.
ConstitutionDAO Members Decry High Gas Fees After Narrowly Losing Auction
ConstitutionDAO lost its bid for a copy of the founding charter of the United States.
Polygon Uses Zero-Knowledge Proofs in New Ethereum Virtual Machine Rollup
Polygon has brought out an EVN-compatible rollup that uses Zero-knowledge proofs.
Sablier Finance Deploys Payroll Streaming to Polygon and BSC
Sablier is bringing “payroll streaming” to Polygon and Binance.
Fantom Surges 90% in 30 Days to Hit All-Time High and Challenge Elite Layer 1s
Fantom’s FTM token hit an all-time high this week and is a hot new entrant in the elite club of Layer 1 blockchains.
Polygon Hikes its Minimum Gas Price by 30x in Bid to Foil Spammers
Polygon, the sixth-largest blockchain by assets locked, is increasing the minimum gas price for transactions on its network by a factor of 30. The move comes as the network recently surpassed Ethereum in terms of Daily Active Addresses and is intended to reduce the number of spam transactions on the network. There have been increasing …
Polygon Hikes its Minimum Gas Price by 30x in Bid to Foil Spammers Read More »
MetaMask Posts Torrid Growth As Users Flock to Ethereum
Metamask has broken 10 million monthly active users, according to the blockchain infrastructure company ConsenSys. Metamask is the leading Ethereum wallet, working both in browsers and on mobile devices. It allows users to hold cryptocurrencies on Ethereum and compatible blockchains such as Polygon. Metamask also enables users to interact with Web3 applications that use crypto …
MetaMask Posts Torrid Growth As Users Flock to Ethereum Read More »
Resist Hierarchy and Protect Financial Freedom: A Metaverse Manifesto
While I don’t agree that we are already in the metaverse, it is true that we are staring v1.0 in the face. Humans have already surrendered a portion of their existence and autonomy to the digital world. That includes algorithms that govern our lives the same way a law of nature might, as well as …
Resist Hierarchy and Protect Financial Freedom: A Metaverse Manifesto Read More »
Defiers Are Apeing Into Avalanche Pushing Benqi Finance to $1B in TVL
Avalanche, a smart contracts platform, now has its first DeFi protocol with $1B in total value locked. The protocol, Benqi Finance, launched just four days ago on Aug. 19 and has been distributing $3M in AVAX tokens to users. AVAX tokens are from Ava Labs, the company that created Avalanche, and the distribution is part …
Defiers Are Apeing Into Avalanche Pushing Benqi Finance to $1B in TVL Read More »
Alchemy NFT – The Remix Layer for NFTs
Alchemy NFT just announced a funding round from the likes of Mark Cuban who clearly sees opportunity in an API layer for NFTs. Rather than pump out derivative after derivative, Alchemy allows users to create stackable layers of value that have use cases in DeFi, real estate, art and much more besides. The secret sauce …
Binance Now Supports Direct Polygon Withdrawals and Deposits
DeFi is getting easier for CeFi users. Crypto’s largest centralized exchange, Binance, now allows users to withdraw and deposit Polygon’s MATIC token directly from and onto the protocol’s proof-of-stake mainnet. Previously users needed to go through a multi-step process, either utilizing one of Binance’s two blockchains or swapping for Ethereum-based versions of MATIC when withdrawing …
Binance Now Supports Direct Polygon Withdrawals and Deposits Read More »
Defiant Degens: How to Farm Up to 152% APR in Balancer Polygon Pools
This is a weekly tutorial on the most compelling opportunities in yield farming, written by our friend DeFi Dad, an advisor to The Defiant and Head of Marketing and Portfolio Support at Fourth Revolution Capital. The goal is to expose more Defiant readers to new DeFi applications and their associated liquidity mining programs. Disclaimer: All …
Defiant Degens: How to Farm Up to 152% APR in Balancer Polygon Pools Read More »
Polygon Doubles Down on Gaming and NFTs with $100M Fund
Polygon is raising a $100M fund to support blockchain game developers and NFT creators, and tapping the chops of Atari, the trailblazer that gave the world Pong, Space Invaders, and Asteroids. Polygon has already attracted over 100 NFT and gaming projects, according to awesomepolygon.com. But now the scaling solution is pursuing a far more ambitious …
Polygon Doubles Down on Gaming and NFTs with $100M Fund Read More »
Iron Finance at it Again: V2 has Drawn in Over $1B With Eye-Popping Yield Farms
Less than a month after the spectacular implosion of Iron Finance’s algorithmic stablecoin, the DeFi project has relaunched a new yield farm on Polygon. Iron Finance’s IronSwap is an automated market maker (AMM) for stablecoin swaps. It aims to facilitate high-volume, low-slippage trades with low fees. For now, there’s no algorithmic insanity to deal with, …
Iron Finance at it Again: V2 has Drawn in Over $1B With Eye-Popping Yield Farms Read More »
Cronje’s Goerli Move Triggers Confusion and Dreams of Instant Wealth
Yearn Finance’s founder Andre Cronje triggered a dustup on Twitter yesterday when he announced a new Layer 2 scaling solution for multichain.xyz, a cross-chain token transfer tool. Cronje said multichain.xyz would support Goerli, an Ethereum test network. The announcement has left some users wondering whether their tens of thousands of Goerli ETH are about to …
Cronje’s Goerli Move Triggers Confusion and Dreams of Instant Wealth Read More »
SafeDollar Stablecoin Plummets to Zero After Exploit
The value of SafeDollar (SDO), an algorithmic stablecoin intended to be pegged to $1, has dropped to zero after a $248K exploit on Polygon. In a post-mortem analysis published on June 28, SafeDollar reported it had lost $202K of USDC and $46K of USDT as a result of an attack on one of its pools …
SafeDollar Stablecoin Plummets to Zero After Exploit Read More »
Curve Drama Intensifies as New Proposals Target alUSD and Saddle Finance
In the wake of Alchemix’s troubled alETH release, Curve Finance has produced two governance proposals targeting tangential products of the automated loan repayment protocol. There’s also been a flurry of chatter about possible legal action as the dustup accelerates. The first target — Curve’s own alUSD pool. Charlie Watkins, project lead at Curve, proposed removing …
Curve Drama Intensifies as New Proposals Target alUSD and Saddle Finance Read More »
InstaDapp Releases Governance Token with 55% for Community Members
DeFi infrastructure protocol InstaDapp has launched their governance token, INST, on Ethereum Mainnet. INST holders will be able to discuss and vote on all future InstaDapp protocol upgrades. InstaDapp has minted 100M INST, allocating 55% for community members and the other 45% for team members, investors, and advisors. Initially, 10M INST will be available to …
InstaDapp Releases Governance Token with 55% for Community Members Read More »
Alchemix Allows Users to Stay Long ETH With Auto-Loan Repayment
Last weekend, Alchemix, which offers automatic repaying loans, shipped a vault that accepts ETH. Alchemix users will now be able to borrow alETH, Alchemix’s token that’s soft-pegged to ETH, using ETH as collateral. The collateralization ratio: 400%. The launch came with a debt cap of 2,000 alETH and it was reached within a day of launch, …
Alchemix Allows Users to Stay Long ETH With Auto-Loan Repayment Read More »
Polygon Compromised? How to Revoke Token Approvals
User’s of the Zapper-Matic/ Polygon bridge have been experiencing issues recently. In this tutorial we demonstrate how to revoke token approvals using Polygonscan.
Malt Leaves Investors Hungover as Algo Stable Depegs on Day 2
Who doesn’t love a money printer? Algo Season 2.0 is here. Last Friday, Malt Protocol launched the latest entry in the algorithmic stablecoin market. This summer, investors have flocked to this corner of the DeFi space to ride out the selloff in the larger crypto universe. Polygon is currently the favored choice of yield farmers …
Malt Leaves Investors Hungover as Algo Stable Depegs on Day 2 Read More »
