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As a layer 2 blockchain, Polygon is designed to process transactions at a greater speed and lower cost than the main Ethereum network. Polygon also has aspirations to expand beyond Ethereum to become an "internet of blockchains", connecting any Ethereum-compatible networks together, while continuing to reduce transaction costs and increase
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Atlendis Labs is a blockchain-based credit marketplace that offers revolving credit lines for small and medium-sized businesses and fintech firms. Original Source
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“We want to make Bitcoin as generalized as possible — usable for far more than just a currency,” said @punk3700, one of the developers at Trustless Market, in a Twitter message. “We started first with Art, then AI, and DeFi is the natural next area to add.” Original Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cardano, a smart contracting platform, has deployed the Hydra Head on the mainnet, marking a significant achievement three years after the proof-of-concept was introduced in 2020. This development is crucial to Cardano’s ongoing efforts to enhance
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The deployment marks a major milestone for the public release of Curve’s highly anticipated native stablecoin. Source
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Decentralized finance (DeFi) protocol 1inch has deployed its aggregation and limit order protocols on Ethereum layer-2 scaling solution zkSync Era to tap into faster and cheaper transactions.1inch Network is the latest of a host of Ethereum-based platforms and services to deploy on the zero-knowledge proof (zk-proof) based scaling platform. Uniswap,
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Online discussion platform Reddit has deployed the third generation of its blockchain-based digital collectibles dubbed “Reddit Avatars” on the Polygon blockchain, resulting in community members and collectors expressing their thoughts on the much-anticipated drop. The nonfungible token (NFT) avatars were first introduced in July 2022 to empower artists to create and sell
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Synthetix holds over $500 million in locked tokens over the Ethereum and Optimism networks. Source
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Binance hopes to ensure that reserves do not mix with client funds henceforth. Cryptocurrency exchange giant Binance has just launched what it calls a semi-automated system for its tokens. According to a Bloomberg report, this system will enable the exchange to properly manage its token reserves. Just last month, the crypto
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Before the upgrade, Lyra’s market maker vaults (MMVs) paid swapping fees for every collateralization and hedging trade. For example, when a trader buys a call option contract on ether (ETH), Lyra’s MMVs would purchase ether from a spot exchange, incurring a fee; once the trader’s position has closed, Lyra’s MMVs
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