Author Archives: Polygon Technology

Continuing DeFi Summer: SushiSwap is live on Polygon with 30M USD in Liquidity Rewards

SushiSwap is live on Polygon, 30 Million USD in rewards for six initial major pairs (15M$ SUSHI and 15M$ MATIC) Polygon is excited to announce the launch of joint Liquidity Mining on SushiSwap, one of the premier DEXs in the Ethereum Ecosystem recently launched on Polygon. SushiSwap was the original inspiration for the paradigm of Yield Farming, and[Read more…]

Project Spotlight: Decentraland — The first Fully Decentralised Metaverse

Polygon’s vibrant ecosystem of projects and Dapps has led to wide adoption with more than 15M transactions, 300K unique users thanks to 130+ brilliant decentralized applications. Introducing Project Spotlight: an initiative to highlight and get to know the Dapps on Polygon a little better! Our second project in this series is Decentraland: The first fully decentralised metaverse.[Read more…]

Project Spotlight: Polymarket — The Biggest Decentralized Prediction Market in Blockchain

Polygon’s vibrant ecosystem of projects and Dapps has led to wide adoption with more than 20M txns, 345K unique users thanks to 150+ brilliant decentralized applications. Introducing Project Spotlight: an initiative to highlight and get to know the Dapps on Polygon a little better! Our first Dapp in this series is Polymarket: a Global Information Markets platform,[Read more…]

Counter-Propaganda Memetic Patches | Hybrid Digital-Physical Fashion NFT Drip Launch

DIGITALAX has teamed up with Polygon to launch the first real hybrid digital and physical fashion line, with memetic proof of uniqueness. The fashion line is a collection of individual physical garments, each of which will be imprinted with a one-of-a-kind “memetic patch” NFT. The memetic patches will be minted on Polygon as a unique ERC1155[Read more…]

Polygon: The Eco-Friendly Blockchain Scaling Ethereum

With Proof of Work (PoW) blockchains becoming a hot topic for discussion as far as carbon footprint and eco-friendliness go, where does Polygon — with its Proof of Stake (PoS) consensus mechanism — rank in terms of its ecological footprint? As per estimates, the biggest PoW blockchains can consume a yearly quota of anywhere between 35–140 TWh of electricity, with a continuous draw of[Read more…]

The #DeFiforAll Fund: a 150M$ DeFi fund

We’re pleased to announce the launch of a 150M$ DeFi Fund to make DeFi more accessible and cost-effective to bring the next million users to DeFi. Top DeFi protocols like Aave and Curve launched on Polygon have seen a departure from the usual whale-dominated farming. Instead, what we’re seeing is that the capital size is smaller, but[Read more…]

DIGITALAX x POLYGON Taking On Fashion, Sustainability & Mass Adoption w/ The First Real DigiFizzy Fashion Line!

NFT-based digital fashion project DIGITALAX has teamed up with Polygon to launch the first real hybrid digital and physical fashion line, with memetic proof of uniqueness. The collaboration builds on the recognition of NFTs as encapsulating, openly programmable structures for memes and their derivatives. The collection will be sold as physical pieces first, each with a[Read more…]

Continuing Polygon DeFi Summer with 5 Million+ USD in Liquidity Mining rewards for the Curve Polygon markets!

Are you ready for Stage 2 of DeFi summer? Curve.fi is on Polygon, bringing the deepest on-chain liquidity to your favourite stablecoins! We’re also pleased to announce a 5mn$ liquidity mining program for the Aave USD pools on Curve! Polygon’s DeFi ecosystem is rapidly growing with more than 100 DeFi projects ranging from prediction markets to Lending and[Read more…]

#DeFiForAll: Kicking off L2 DeFi Summer with 40 Million+ USD in Liquidity Mining rewards from Polygon for Aave’s Polygon markets!

Polygon is pleased to have worked with top DeFi protocols and projects to solve the biggest pain points in DeFi, i.e. high gas fees and slow txn speeds. More than 200+ Dapps, 15M txns and 300K wallet addresses have experienced how Polygon brings greater accessibility to Ethereum. Keeping this objective in mind, we think there’s no better[Read more…]

Prosper is now integrated with Polygon, more than 3.5M$ in Rewards!

Read the partnership announcement from Prosper here. We’re pleased to share that Prosper Predict, a non-custodial crosschain prediction market and hedging platform hassuccessfully integrated with Polygon! Polygon will integrate with the Prosper ecosystem and become a huge part of Prosper’s prediction platform, enabling Prosper users to predict with $MATIC token! Prosper will use Chainlink Oracles for price validation and data accuracy. Users[Read more…]