Category Archives: Polygon news

Polygon Arrives on Bitfinex With Up to 41.7% Staking Rewards

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.

State of Governance: Decentralization

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.

Burn, MATIC, Burn!

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.

ZK and the Future of Ethereum Scaling

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.

PlotX Secures $5 Million in Funding Grant Led By Polygon, Hashed To Expand Play-To-Earn Ecosystem; Launches Staking Program

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.

EIP-1559 Upgrades Are Going Live on Polygon Mainnet

The much-anticipated implementation of Ethereum Improvement Proposal 1559 is coming to the Polygon blockchain, bringing with it burning of the native MATIC token and better fee visibility. Known as the London hardfork, EIP-1559 went live on Ethereum mainnet in August last year and was one of the biggest changes in its history. After a successful […] The post EIP-1559 Upgrades Are Going Live on Polygon Mainnet appeared first on Polygon | Blog.

Liminal Announces the Launch of “Polygon Partner Program” to Help Secure the Polygon Ecosystem

Liminal has integrated their self-custody platform “Vaults” with Polygon to secure the Polygon ecosystem. While Polygon and Liminal are completely different entities, both have one thing in common i.e., making digital assets safer, efficient, and rewarding for individuals, and businesses without giving up the control and ownership. This common underlying theme is what binds Liminal and[Read more…]

Game Theory explained, DeFi 2.0 Style

The DeFi space is constantly changing and evolving.Each time new ideas are presented on how to approach strategies to maximize profits. As in any economy, balance is critical. Here we present another way of understanding the so-called DeFi 1.0 introduced years ago by great projects such as Goose, Panther, and others. Game Theory Background Game[Read more…]

Liminal Announces the Launch of “Polygon Partner Program” to Help Secure the Polygon Ecosystem

Table of Contents Why should you apply for the Polygon Partner Program? Platform Demo Challenges with current custody solutions Key Reasons why you should choose Liminal to manage your digital assets How to apply for the Polygon Partner Program? Have any queries about the program? About Polygon About Liminal Liminal has integrated their self-custody platform “Vaults”[Read more…]

OneRing Is Launching on Polygon, Making Complex DeFi Strategies Easily Accessible for Anyone

OneRing will integrate on Polygon (Full-stack scaling, commit chain) to make DeFi easily accessible with cross-chain functionality. With low transaction costs and speedy transactions, Polygon is a wonderful place for DeFi. Gas fees on Ethereum push the Breakeven for yield farmers way further in the future, compared to using a scaling solution, which Polygon provides.[Read more…]