Author Archives: admin

Polygon is joining hands with Brevan Howard co-founder Alan Howard and Cope.Studio to create a moonshot factory for taking Web3 projects from an idea to product launch. It is still early days for Web3, which means a time for exploration and experimentation. Together, the partners will set up new product labs, studios and fund bold […] The post Polygon, Alan Howard and Cope Studio Partner on a Moonshot Factory for Web3 appeared first on Polygon | Blog.

Polygon is coming to ETHDenver! The annual gathering of Etherum’s movers and shakers will be held on Feb. 11 – 21 in Denver and will feature Polygon Studios as a Metaverse and Gaming Track sponsor. Polygon will sponsor the Bodega area at the Castle. More than twenty team members will come from all parts of […] The post Polygon to Make a Splash at ETHDenver appeared first on Polygon | Blog.

The core development team is launching a $15 million campaign spread out over the next 6 months for decentralized applications (dApps) building solely on Polygon. The program will support specific liquidity mining (LM) and protocol development efforts and will reward projects based on on-chain metrics. The key measure, although not the sole one, is total […] The post DeFi For All Enters Final Phase With $15 Million for Polygon Native DApps appeared first on Polygon | Blog.

Polygon has reached a new adoption milestone with more than 7,000  decentralized applications (dApps) running on the network as of December, more than double the number just three months prior, data from Alchemy, the world’s leading Web3 developer platform, show.  The skyrocketing popularity of new applications in decentralized finance (DeFi) and non-fungible tokens (NFTs) brought […] The post Polygon Developer Ecosystem Hits New Milestone With Over 7,000 DApps appeared first on Polygon | Blog.

Ethereum’s big scaling moment is finally upon us. The network’s roll-up centric future begins to take shape this year with the shift to Proof of Stake consensus mechanism. One of the most promising solutions for accommodating the next billion Ethereum users is Zero Knowledge (ZK) proofs. Over the past year, Polygon has emerged as a […] The post ZKVerse: Polygon’s Zero Knowledge Strategy Explained appeared first on Polygon | Blog.

Polygon’s native MATIC token is now available for staking on the Bitfinex platform! Users can stake MATIC by depositing their tokens to eligible wallets in their Bitfinex accounts and automatically receive rewards of up to 41.7% per year. The rewards are paid out in MATIC on a weekly basis. Founded in 2012, Bitfinex is a […] The post Polygon Arrives on Bitfinex With Up to 41.7% Staking Rewards appeared first on Polygon | Blog.

At Polygon, we firmly believe that decentralization is non-optional, but rather a hallmark of blockchain technology and one of the most prominent forces of innovation going forward. It is for this reason that a Polygon Governance Team was recently formed. Its mission: to gradually increase the decentralization of Polygon’s products by use of off-chain and […] The post State of Governance: Decentralization appeared first on Polygon | Blog.

The much-anticipated EIP-1559 upgrade is finally here and Polygon’s native token MATIC is now being burned. We have created an interactive dashboard where users can monitor and take part in the process. Each time a user pays for a transaction, the base fee gets locked on the burn contract on Polygon and the priority fee […] The post Burn, MATIC, Burn! appeared first on Polygon | Blog.

Arbitrum recently released a great post arguing that Optimistic Rollups (OR) represent the future of Ethereum, since they offer inherent scalability and cost advantages over ZK Rollups (ZKR). Their piece is well-written and worth reading. In the spirit of friendly debate, we’d like to present a different perspective. Polygon has committed $1 billion to ZK […] The post ZK and the Future of Ethereum Scaling appeared first on Polygon | Blog.

The new capital comes as PlotX, a GameFi Ecosystem, continues to expand on Polygon, growing at 144% month-over-month PlotX, a gaming dapp built on Polygon, today announces closing a $5 million pre-Series A funding round and grant led by Polygon & Hashed. PlotX is already one of the fastest-growing GameFi ecosystems on Polygon and this […] The post PlotX Secures $5 Million in Funding Grant Led By Polygon, Hashed To Expand Play-To-Earn Ecosystem; Launches Staking Program appeared first on Polygon | Blog.