OKEx Integrates With Polygon, How It Could Reduce Costs For DeFi Adoption
Crypto exchange OKEx has announced an integration with scaling solution Polygon. The platform seeks to provide more access to Ethereum-based dApps. Thus, developers can build, and users can connect to them at a lower cost. Ethereum is the number one platform for DeFi dApps. Uniswap, Curve, Aave, and others, operate on its network. The high […]
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OKEx, the leading global crypto exchange and derivatives trading platform has taken a huge step in making it easier for its users to trade Ethereum based assets by integrating with one of the fastest-growing Ethereum Layer-2 scaling solutions. With the latest development, OKEx has become one of the first exchanges to integrate with Polygon which […]
Crypto exchange and derivatives platform OKEx recently integrated with scalability solution Polygon. Designed to meet the demand for better user experience, cost-efficient, and faster transactions, the integration is poised to bring improvement to the exchange. In light of this announcement, we talked with OKEx CEO, Jay Hao. This is what he told us. Q: Why […]
Multi-chain options trading platform – Oddz Finance has now integrated with Polygon (formerly Matic Network) to make DeFi accessible to all users. The DeFi craze that started in the summer of 2020 has led to a significant jump in the number of DeFi protocols being developed on the Ethereum blockchain. As more and more users […]
To pave the way for greater adoption of non-fungible tokens and bring down the barriers hampering more widespread participation, Polygon is leveraging its parallel network’s proof-of-stake approach to reduce Ethernity Chain’s gas costs. Layer 2 Solution to Make Ethereum-Based NFTs More Accessible Non-fungible tokens (NFTs) remain the talk of the town, intriguing crypto enthusiasts and collectors alike with their value proposition for creators and unique ownership properties. Yet, despite the intrigue, the hype has also illuminated the many drawbacks of these novel tokens,....
The Balancer and Polygon partnership aims to lower gas fees for traders on the Ethereum blockchain. The adoption rate of a cryptocurrency is heavily dependent on its use cases in the real world. Balancer Protocol’s latest effort in this regard is the launch of support on the Layer-2 solution Polygon to reduce Ethereum gas costs. With this partnership, Balancer joins the team of major DeFi projects lik Aave, Curve and SushiSwap, which have recently witnessed strong user adoption.With Polygon (formerly MATIC) offering near-zero fees for trades, Balancer’s position as “the ultimate flexible....