Polygon Introduces Governance 2.0 With Proposed Protocol Council For Smart Co...
Polygon (MATIC), an Ethereum (ETH) Layer 2 scaling solution, has unveiled a significant Improvement Proposal (PIP-29) that aims to establish a Protocol Council responsible for executing upgrades to system smart contracts. This proposal marks a major step towards implementing Governance 2.0 on the Polygon network. Polygon Unveils Protocol Council Per the announcement, the proposed Protocol […]
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Polygon, formerly known as Matic, offers 1inch Network more capabilities, including higher throughput and access to large liquidity pools. 1inch Network, a leading decentralized exchange aggregator, has officially expanded to Polygon — a move that opens up additional liquidity sources on Curve, SushiSwap, QuickSwap, Aave V2 and Cometh.1inch announced Thursday that the exchange liquidity pools will be added immediately, with more protocols to be gradually phased in over time. Polygon was described by 1inch as a “vital” infrastructure protocol for ensuring efficient Ethereum scaling as the....
Polygon’s full-stack scaling solution implemented to improve performance and gameplay Polker.game & pkr.io are excited to announce they have been awarded a grant frm the Polygon Foundation. Polygon is the first fully functional full-stack scaling solution on top of Ethereum offering fast transactions and extremely low fees. The grant will be used to further develop the integration of Polygon’s scaling solutions into the Polker.Game platform and to ensure that all smart contracts are fully audited and secure on-chain. The Polygon Foundation will also offer support with the....
Proxy system in front of immutable smart contracts will allow changing of internal parameters. Tornado.Cash, the Ethereum mixing service that earlier this year implemented completely immutable smart contracts, has proposed a governance system powered by its own TORN tokens.According to a Dec. 18 post, the proposal will put stewardship of the protocol in the hands of its community of users.An initial distribution of 10 million TORN will be split between early users and developers, a DAO treasury and anonymity miners over the course of the next five years.Anonymity miners increase the....
The universal layer 2 digital assets lending protocol, EasyFi Network has announced that it is now live with its lending protocol on Polygon. The new lending protocol went live on Nov 15, 2021 and will be initially supporting six money markets with supplying and borrowing on Polygon Network. While announcing the latest development, COO and Co-founder of EasyFi Network Anshul Dhir said,” Six money markets on our protocol on Polygon Network are now open for operations. We have now completed a major milestone in our Q4 2021 roadmap that of Full protocol launch. We have launched the....
Beanstalk Farms stablecoin protocol was relaunched on Aug. 6 with the team working to hopefully reclaim the $100 million market cap of its BEAN stablecoin prior to the hack in April. Ethereum-based algorithmic stablecoin project Beanstalk Farms has relaunched its protocol just under four months after going offline after suffering a devastating $77 million governance exploit.The protocol and its governance have been paused since April following the governance exploit and flash loan attack, but were relaunched as of Aug. 6 in an event called the “Replant.” In an announcement shared with....