Generation, now supports Polygon networks
Hello. This is Web 3.0 protocol Generation($GEN).
We are excited to announce that we are now supporting Polygon as part of Generation’s plans for multi-chain integration.
GEN distributed on the Polygon network will be supplied with liquidity through the platform, and can be transferred through the bridge after the sale lockup volume is released on 3/28/2023.
Integration details
5,000,000 GEN liquidity supply to polygon chain
• Token Ticker : Generation-Peg GEN Token (GEN)
• Token Contract : 0x179b734D0291Fa9E3a4728C7c27866EE25CCC3e0
The advantages of Polygon network
Polygon network (https://polygon.technology/) is an Ethereum sidechain that allows ERC-20 built blockchains an effective solution to scale, at speed, by offering seamless integration and deployment.
The full list of benefits include
• ERC-20 compatible means a DApp could be scaled in minutes
• User experience. Speed via scalable consensus algorithms and lower gas fees mean that the Polygon network offers almost “zero-gas” transactions with deterministic transaction finality
• Interoperability with other blockchains
• Leverages the safety of the overall Ethereum network
• Simplicity for developers. We want the app to be built on top of. Working with a sidechain like Polygon allows customizable tech stacks, and simplicity as no protocol-level knowledge is required
About Polygon
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, ~350M txns, and ~13.5M+ unique users.
About Generation
Generation (GEN) is an interoperable protocol for extending the Web 3.0 ecosystem.
GEN intends to actively support the three values of ‘freedom’, ‘sovereignty’, and ‘decentralization’ while composing the Web 3.0 ecosystem. The first ‘freedom’ guarantees ‘freedom’ of expression and the privacy of data by utilizing blockchain. The second ‘sovereignty’ allows users to strengthen and own the ‘data sovereignty’ in the Generation ecosystem in line with the Web 3.0 era and obtain rewards by using it. The third ‘decentralization’ utilizes Generation Protocol to operate decentralized networks and assets.
Through these three values, users can experience the true Web 3.0 and become the members of GEN ecosystem.
Why Generation?
GEN utilizes the GEN Protocol to allow projects of various blockchain networks to solve the on-chain scalability trilemma of the blockchain network by utilizing the functions of GEN Protocol and Generation’s products, Pinetree Space and 3 Seconds Club. Participants can expand and complete the Web 3.0 ecosystem with users through fast transaction speed and payment.
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For more information or partnership inquiries, please contact us at contact@gen.foundation.
