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There are a number of reasons why a Web3 project might choose to build on a network other than Ethereum. Whether it’s experimenting with innovative features not available on the mainnet, tailoring the network to a specific use case or simply having more control over its fees, the answer in one word is customization. Polygon […] The post How to Bootstrap a Blockchain With Polygon Edge appeared first on Polygon | Blog.

Hola readers! The most engaged DAO is on Polygon. Yep, that’s right – it’s Aavegotchi, leading with 83k votes.  Apecoin is available for 19k+ dApps on-chain and Gains Networks has added on-chain trading of $AAPL, $FB and $GOOGL. Let’s dive in.  Key takeaways:  In the past week, there was a substantial increase in the number […] The post PolygonInsights – WEEK17 appeared first on Polygon | Blog.

SX Network is the first stand-alone chain built with Polygon Edge, a modular framework for bootstrapping Ethereum-compatible networks. Here is how the team behind the largest blockchain betting platform is using Polygon’s tools to create a blockchain designed for prediction markets and DeFi. Why build a network from scratch in a world where multiple blockchains […] The post How SX Network is Launching Its Own Chain Using Polygon Edge appeared first on Polygon | Blog.

In early February, Polygon reached a milestone when it raised about $450 million from some of the world’s biggest venture capitalists. In the three months since, the core team has made a number of major announcements and we wanted to assess how the progress stacks up against the general investment thesis of our biggest investors. […] The post 4 Reasons Why Top VCs Invest in Polygon appeared first on Polygon | Blog.

In March, the core development team launched a six-month $15 million campaign to support liquidity mining (LM) and protocol development efforts for decentralized applications (dApps) building solely on Polygon. Now that a month has passed, let’s take stock of what’s been accomplished so far. The LM2.0 program is fully decentralized, meritocratic and focused on rapidly […] The post DeFiForAll: Gauging the Impact of Polygon’s $15 Million Reward Program appeared first on Polygon | Blog.

SX Network, a Layer 2 blockchain running on Polygon, has raised $9.5 million in a funding round and grant led by Polygon and Hack VC with participation from CMCC Global, Nascent, FJ Labs and prominent investors like Polygon co-founder Sandeep Nailwal. As the first blockchain built using Polygon Edge, a customizable framework for building private […] The post SX Network Secures $9.5 Million in Funding Led By Polygon & Hack VC appeared first on Polygon | Blog.

Hola readers! From introducing PolygonSupernets to announcing the Stripe partnership, it’s been a wholesome week for us. But the good stuff doesn’t stop there, USDC deposits and withdrawals with Polygon are now live on Binance and Paris Hilton invested in Afterparty’s $4 Million Raise for Polygon NFT Ticketing. Let’s dive in.  Key takeaways:  The userbase […] The post PolygonInsights – WEEK16 appeared first on Polygon | Blog.

Polygon’s suite of Ethereum scaling solutions, now supports over 19,000 dApps, including leading NFT marketplace OpenSea, metaverse projects such as Decentraland, Web2 entrants like Adobe and Opera, and DEXs like Aave and Uniswap.  As a Layer 2 scaling solution with Proof of Stake validators, Polygon had a winning formula from the outset – leverage Ethereum […] The post Partnering with Alchemy Catapulted Polygon's Growth  appeared first on Polygon | Blog.

Polygon has hit a new adoption milestone with more than 19,000 decentralized applications (dApps) running on the network, a sixfold increase from 3,000 dApps in October, according to data from Alchemy, the world’s leading Web3 developer platform. There are now 8,000 monthly active teams building on Polygon PoS, up from about 6,000 in January and […] The post Polygon Hits 19,000 DApps Milestone, Sixfold Growth in Half a Year appeared first on Polygon | Blog.

Zero-interest loans are one example of real-world applications of decentralized finance (DeFi) that has no parallel in the world of traditional banks. QiDAO is a Polygon-native lending protocol that lets users borrow against their crypto holdings for a small one-time repayment fee. There is now a battle for its control with millions of dollars at […] The post DeFiForAll: Polygon Protocols Ally to Win QiDAO Wars appeared first on Polygon | Blog.