A boom of beneficial business partnerships has recently put Polygon at the forefront of the DeFi space. In the past several months top dApps such as Decentraland, Aave, 1inch, Curve.fi, Sushiswap, and others have all integrated with Polygon to resolve the scaling concerns associated with Ethereum. As usage on the network continues to expand, prevailing issues such as slow block confirmations and high gas fees have served as a formidable barrier preventing further adoption for a large mass of users.

Thus Polygon’s value as a key piece on the DeFi chess board manifests in a multitude of ways. Its adapted version of Plasma and PoS (Proof-of-Stake) sidechains to Ethereum, process thousands of transactions per second while doing so at a negligible, next-to-nothing cost compared with what people have previously experienced. This comes at a critical juncture as well, since PoS consensus mechanisms have been widely touted of late as an ideal answer to increasing concerns about blockchain sustainability.

To Layer 2, Interoperability, and Beyond:

Nestled in the interoperability framework of Polygon is the potential to provide scaling features to a host of blockchains. For example, its latest cross-chain bridge solution is the first to connect Bitcoin directly with Ethereum’s layer 2 network. Needless to say, the implications and future innovations behind this are immense and as such, users have already begun flocking to the Matic Network (a native side chain within the Polygon ecosystem).

Polygon’s $150 million #DeFiForAll fund has also generated an exciting buzz, concerning what additional developments could be on their table and how this might continue to positively impact DeFi at large. If their recent partnerships have been of any indication, it will most likely provide the necessary foundations for a greater degree of egalitarian prosperity and mass adoption.

You Deserve the ATH Polygon:

Reaching an ATH (All Time High) of €2.14, Polygon’s native ERC-20 token (MATIC) has catapulted into the ranks of the top 20 coins according to CoinGecko. May in particular was a favorable month for the MATIC token as it saw a rise to over a billion euro in daily volume.

It’s likely as well that Polygon is here to stay among the top dogs. With an envious multi-functionality that has the capability of benefiting a wide range of blockchains and protocols, it’s probable the infrastructure and scaling development platform will continue to exquisitely execute the synergies it was designed to facilitate.

A boom of beneficial business partnerships has recently put Polygon at the forefront of the DeFi space. In the past several months top dApps such as Decentraland, Aave, 1inch, Curve.fi, Sushiswap, and others have all integrated with Polygon to resolve the scaling concerns associated with Ethereum. As usage on the network continues to expand, prevailing issues such as slow block confirmations and high gas fees have served as a formidable barrier preventing further adoption for a large mass of users.

Thus Polygon’s value as a key piece on the DeFi chess board manifests in a multitude of ways. Its adapted version of Plasma and PoS (Proof-of-Stake) sidechains to Ethereum, process thousands of transactions per second while doing so at a negligible, next-to-nothing cost compared with what people have previously experienced. This comes at a critical juncture as well, since PoS consensus mechanisms have been widely touted of late as an ideal answer to increasing concerns about blockchain sustainability.

To Layer 2, Interoperability, and Beyond:

Nestled in the interoperability framework of Polygon is the potential to provide scaling features to a host of blockchains. For example, its latest cross-chain bridge solution is the first to connect Bitcoin directly with Ethereum’s layer 2 network. Needless to say, the implications and future innovations behind this are immense and as such, users have already begun flocking to the Matic Network (a native side chain within the Polygon ecosystem).

Polygon’s $150 million #DeFiForAll fund has also generated an exciting buzz, concerning what additional developments could be on their table and how this might continue to positively impact DeFi at large. If their recent partnerships have been of any indication, it will most likely provide the necessary foundations for a greater degree of egalitarian prosperity and mass adoption.

You Deserve the ATH Polygon:

Reaching an ATH (All Time High) of €2.14, Polygon’s native ERC-20 token (MATIC) has catapulted into the ranks of the top 20 coins according to CoinGecko. May in particular was a favorable month for the MATIC token as it saw a rise to over a billion euro in daily volume.

It’s likely as well that Polygon is here to stay among the top dogs. With an envious multi-functionality that has the capability of benefiting a wide range of blockchains and protocols, it’s probable the infrastructure and scaling development platform will continue to exquisitely execute the synergies it was designed to facilitate.