Layer 2 project Polymer Labs launches Polyverse testnet

Polymer Labs, a Layer 2 project focusing on IBC protocol interoperability, announced the launch of the Polyverse testnet, aiming to reward developers, infrastructure operators and Builders for enhancing Ethereum scalability, developing cross-chain applications, and developing cross-chain applications through Layer 2 solutions. Contribution to promoting IBC in the Cosmos ecosystem. The Polyverse testnet is divided into three phases. The first phase, Basecamp, is already online and will last until April, allowing developers to develop dApps using Polymer to promote the development and seamless interoperability of innovative dApps and enhance development within the ecosystem. tool. The second phase, scheduled to be released this month, will select a subset of dApps developed in the first phase and develop additional incentives for end users to join the testnet. Phase 3 focuses on developing additional tools to support repeater operations and soliciting feedback on the repeater incentive program.