Poly Network
Published in

Poly Network

Poly Network Monthly Report (April)

Monthly Highlights

Probably the very first NFT cross-chain transaction in the world via Poly Network.

Cross-chain transactions/day are over 10,000.

Total trade volume surpassed 4 billion in value (USD).

New partner announced — BSC Station, Mdex, BSCPad, Torum, Cook, Shadows, Revomon, Cybervein, BlindBoxes, KelVPN, Fei, 8pay, SuperLauncher, Flux, PolkaFinance, ComPro, BlockBank and so on.

Development Updates

Poly Network helped O3 Swap to develop Hub trial module where users can freely trade major assets on heterogeneous chains like ETH, BSC, Neo and HECO by connecting digital wallets like O3 Wallet and Metamask.

Poly Network is deploying the “first” NFT cross-chain transfer bridge, which has been tested and is about to go online.

PolyMetrics

Poly Network shattered another record, blowing past the $4 billion milestone for Total Transaction Value.

Cross Chain Transactions 116,143

Cross Chain Addresses 43,641

Inbound Assets $ 352,299,108

Ecosystem updates

Mdex | A composite DeFi ecosystem

Poly Network has achieved strategic cooperation with Mdex, users can easily transfer assets between ETH, BSC and HECO.

BSC Station | The Infrastructure for DeFi & NFT Powered by BSC

BSC Station (BSCS) has reached a strategic cooperation with Poly Network. Based on the Poly Network technology, BSC Station will enable the cross-chain transactions for NFTs in the platform.

Torum | The first DeFi and NFT-integrated social media platform

Torum is proud to announce a strategic partnership with Poly Network for Cross-chain Integrations at minimal cost.

BSCPad | The first launch pad on BSC

Poly Network has collaborated with BSCPad to provide interoperability support for its incubated projects.

Blind Boxes | A gamified curation platform for NFTs

Poly Network has supported Blind Boxes to seamlessly offer cross chain operations, where $BLES can be bridged from Ethereum Mainnet to BSC easily.

CyberVein | A global smart city operation center

Poly Network has reached a strategic cooperation with CyberVein public chain, users will be able to use Poly Bridge to realize the rapid migration and transfer of CVT assets.

Revomon | An immersive new RPG world NFTs

Poly Network has entered a partnership with Revomon to ensure its cross-chain $REVO token between BSC and ETH network.

Shadows | A hub for lending and borrowing synthetic assets

Shadows will utilize Poly Network’s cross-chain bridge to complete a two-way asset conversion between Ethereum and BSC.

Cook | A transparent and flexible asset management platform

Poly Network has entered a partnership with Cook to make trading between platforms a breeze for users.

Flux | Protocol for launching open financial primitives

Poly Network is now partnering with multi-chain lending protocol Flux to improve the multi-chain asset interoperability on Flux platform.

KelVPN | First deanon-proof VPN in prod.

With Poly Network’s support, KEL holders can use Poly Bridge to seamlessly facilitate KEL token transfers between Ethereum (ERC20) and Binance Smart Chain (BSC).

PolkaFinance | A Contemporary, Trustless Defi platform

PolkaFinance has entered a strategic partnership with Poly Network. This collaboration will help $PLF holders to seamlessly transfer their tokens between $HECO and #BSC with a single click.

SuperLauncher | Decentralised Cross-Chain $LAUNCHpad

SuperLauncher’s IDO partners will be able to utilize Poly Network’s bridging solution to move across chains, which will allow investors to easily transact the token on multiple blockchains in a simplified way.

8Pay | DEFI platform for automatic trustless crypto payments

8Pay has entered a partnership with Poly Network and this will enable 8PAY holders to effortlessly move their assets between Binance Smart Chain and Ethereum and to enjoy the benefits that each ecosystem has to offer.

Fei | A Scalable Stablecoin Platform

Poly Network now supports Fei Protocol, users can use one-click cross-chain tool Poly Bridge to achieve asset transfer of FEI and TRIBE between ETH BSC and Heco.

ComPro.Finance | A digital derivatives issuing and trading ecosystem

Poly Network provides a safe and easy-to-use decentralized cross chain asset for ComPro.Finance, which makes ComPro.Finance focus on the issuance and transaction liquidity of digital synthetic asset derivatives, without paying attention to the complex multi chain asset liquidity below two layers.

BlockBank | AI-powered, traditional mobile banking experience

This partnership aligns with BlockBank’s mission to offer crypto seamless experiences, this collaboration with Poly Network enables holders of $BBANK to easily interact on multiple blockchains.

Events

On 11 April 2021, Tan Yuan, the tech head of Poly Network, was invited as the representative of cross-chain technical to attend the panel part of Jinse Finance “Together for The Innovation Conference” and shared his view on the surge in DeFi & NFT market trading.

On 20 April 2021, Binance Angel dialogued Poly Network founding member John Wang. In the live broadcast, John shared the introduction of NFT and introduced how users can realize cross-chain operation through Poly Network.

On 23 April 2021, Poly Network was invited to attend BSC AMA series and talked about NFT Cross-chain on Binance Smart Chain.

In the Media

Tan, the tech lead of Poly Network dialogued with Jinse Finance, and revealed “Poly Network is deploying the cross-chain NFT bridge protocol!”. You can read it here.(https://medium.com/poly-network/jinse-finance-dialogue-with-the-tech-lead-poly-network-is-deploying-cross-chain-transfer-bridge-31713604b20e)

Tan’s panel transcript in Roundtable for Innovation Conference: Re-Evolution — 2021 How they “Create” and “New”. You can read it here.(https://m.jinse.com/blockchain/1059105.html?source=m)

Binance Angel dialogued Poly Network founding member John Wang, his transcript was transmitted to almost 10 media. You can read it here.https://www.chainnews.com/articles/322144363937.htm

Let’s connect

If you are a developer or project manager — we want to hear from you.

Website | Telegram | Medium | Twitter | Discord | Github| Forum

--

--

--

Representing both a technical breakthrough and a milestone for blockchain adoption, Poly Network is well positioned to become the pillar of NGI and the smart economy of tomorrow.

Recommended from Medium

Daily Crypto Market Review & Analysis (21 Jan 2022)

Coins and Tokens Daily Heatmap Snapshot (21 Jan 2022)

Flow Of The P2P Lending Protocol

Welcome to GambleFi

Building Bitcoin in JavaScript

Battelab coin pre-sale soon!

How Defi is Changing Financial Services?

Dreamster Obstructs The Loopholes In The Nft Ecosystem.

AVAX Portal #6

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Poly Network

Poly Network

Enhancing connections between ledgers by providing interoperability in Web 3.0.

More from Medium

AMA Recap: TheCryptoBlade x Pegasys

Jigstack AMA with MEXC Global

TRON & QUIGON Partnership Announcement

Pulsr ChihuahuaChain Giveaway