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“The new interest rate strategies applied to those assets respect the interface of Aave v2 Ethereum, but not v2 Polygon, so when the LendingPool queries the strategy for the current rate, this call reverts, and so does the action “wrapping” it (e.g. deposit, borrow, etc),” the firm added. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Top blockchain teams and venture funds, including Algorand Foundation, Arrington Capital, and others, have come together to establish a $50 million cross-chain ecosystem fund. Managed by Borderless Capital, the fund is aimed at supporting and
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A bug in an older version of crypto lending protocol Aave is blocking users from interacting with Wrapped Ether (WETH), Tether (USDT), Wrapped Bitcoin (WBTC) or Wrapped Matic (WMATIC) pools on Aave V2 Polygon, preventing assets from being withdrawn from them, according to a May 19 proposal that attempts to
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Such contracts are often used in hedging strategies, but in the Solid World case they can bring certainty to carbon credit projects with long horizons. The liquidity pool will bring key funding to the mangrove projects "while providing structured inventory to distributors seeking to sell high-quality carbon credits," the press
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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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Sandeep Nailwal and his venture capital arm Symbolic Capital will invest $50,000 on a new cohort each year. Original Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ethereum (ETH) developer platform known as zkSync Ecosystem has seen significant expansion over the last few weeks, surpassing Polygon in total value locked. This expansion has been particularly notable after the debut of zkSync’s layer-2 scaling protocol
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Tokenization is a growing field that claims to widen access to traditional finance products by making private market investment available to investors who don't fall into the institutional or ultra-high-net worth net bracket. In this case, the minimum investment is lowered to $10,000 from $2 million. Source
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“Blockchain technology offers significant benefits for consumers, particularly ticketing, including enhancing payment security, and eliminating scalping and fraud,” said Brian Trunzo, Head of Business Development, North America, for Polygon Labs, in a press release, who added that this launch would help grow consumer adoption. Source
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Polygon Labs and Google Cloud announced a multi-year partnership at Consensus 2023 that will see the cloud computing service provider help boost the development of the Ethereum (ETH) scaling protocol’s tools and infrastructure.Polygon’s core protocols, including Polygon PoS (proof-of-stake), Polygon zkEVM and Polygon Supernets, are set to benefit from the
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